Co-founder of Polkadot, Gavin Wood has announced his resignation as CEO of Parity Technologies, a blockchain infrastructure business. The Polkadot ecosystem was created by Parity, a development firm, consisting of a collection of parallel blockchains, or parachains, governed by a central relay chain. Wood to Have Majority Stakes in Parity Tech. Gavin Wood will continue to have a controlling stake in Parity Technologies. Wood is a veteran cryptocurrency developer who co-founded Polkadot after leaving the Ethereum Foundation in 2015. Björn Wagner, his co-founder, will take over as CEO. Gavin Wood admitted in a statement made public on October 21 that The post Polkadot Co-Founder Gavin Wood Resigns From CEO Role appeared first on Cryptoknowmics-Crypto News and Media Platform.
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