Ethereum Foundation Appoints New Board Member: What Will He Do for ETH?

The Ethereum Foundation named Pascal Caversaccio, known as pc, to its board, becoming a fourth voice alongside founder Vitalik Buterin, president Aya Miyaguchi and Swiss counsel Patrick Storchenegger.

pc brings years of security and privacy work to Ethereum’s leadership. He co-founded SEAL 911 and sat on the Foundation’s Silviculture Society before this appointment.

Who Is Ethereum’s Newest Board Member

pc has spent years building tools and auditing smart contracts across Ethereum’s ecosystem. He leads SEAL 911, a rapid-response unit that helps crypto protocols recover from hacks and exploits. The unit often steps in to contain live incidents and coordinate recovery efforts across chains.

He also wrote The Ethereum Cypherpunk Manifesto, a 2024 essay that applies Eric Hughes’ original cypherpunk text to blockchain. A 2025 follow-up pushed the same argument toward self-sovereignty and on-chain privacy.

The Silviculture Society formed last year as an informal advisory group pairing cypherpunks with builders. Membership there gave pc a voice but no formal vote. His board seat changes that.

Ether (ETH) has struggled over a similar stretch, down roughly 50 percent over the past year. The token is trading near $1,900, well off the $4,946 high it reached in August 2025.

The appointment arrives after a turbulent stretch for Ethereum’s leadership. A co-director’s exit in June followed a 40 percent budget cut that trimmed staff and spending across the Foundation.

Those changes coincided with signs that Buterin stepped back from day to day Foundation decisions. That shift left more room for outside voices like pc’s.

A Fourth Voice for The Board

The board’s job, according to the EF Mandate released earlier this year, is to set Ethereum’s long term vision. It also confirms that management decisions match the Foundation’s values.

That mandate leans on the same principles pc has championed publicly, namely censorship resistance, privacy and open source software. His writing on chat control privacy risks echoes those themes elsewhere in Ethereum’s orbit.

The board functions as a security council too, protecting Ethereum’s founding values while confirming the Foundation meets its obligations as a Swiss entity. That compliance duty falls partly to Storchenegger, its Swiss counsel.

pc’s addition rounds out a board built around protocol vision, security and legal grounding. President Aya Miyaguchi welcomed pc on X, tying the pick to CROPS, the Foundation’s internal contributor alignment framework.

pc will serve an initial one year term, unpaid and voluntary, matching the terms of his fellow board members.

A security specialist with a public record on privacy now sits where Ethereum sets its long term direction. Whether that changes the board’s priorities or simply reinforces them should become clearer as Ethereum moves through the rest of 2026.

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