'Wartime CEO': Urbit's Founder Returns in Shakeup at Moonshot Software Project

"We're here to fix this," Curtis Yarvin says of the struggling endeavor to rebuild the entire internet computing stack from scratch.
Urbit, an idiosyncratic and audacious project to rebuild the entire internet computing stack from scratch, brought back controversial founder Curtis Yarvin after a five-year hiatus. He holds no formal title but is taking the lead on strategy.
The board of the Urbit Foundation, the nonprofit that steers core development, fired executive director Josh Lehman. Christopher Colby is filling the role on an interim basis while the board seeks a permanent replacement.
The foundation is running out of money. A fundraising proposal backed by Lehman to create a new layer-2 blockchain on top of Ethereum has been scrapped in favor of Yarvin's strategy, which involves creating a utility token, possibly on Base, Coinbase's layer-2 network.
By all accounts, Urbit has been struggling.
The Urbit Foundation, the nonprofit that steers development of the 22-year-old moonshot software project that aims to rebuild the internet from scratch, is running out of money, with a runway measurable in months. Last year saw a "mass exodus" of startups and developers from the decentralized ecosystem, as William Ball, one of the foundation's three board members, put it on a call with developers Thursday.
The user experience on the network remains clunky, which is part of Urbit's charm but not a sustainable situation for a project that wants to replace something with broad, mainstream appeal like the internet. The price of a star, the second-largest unit of digital real estate on the network, has fallen to a little over $1,000 from a peak of about $27,000 in late 2021, according to Dune Analytics data.
Last week, the Urbit board decided to make drastic changes.
It sacked Josh Lehman, the foundation's executive director since 2021, and replaced him, on an interim basis, with Christopher Colby, founder of a prediction market startup called Alphabet. The board also scrapped a fundraising proposal, backed by Lehman, to create a new layer-2 blockchain on top of Ethereum (using a software development kit from the Cosmos ecosystem).
Most shockingly to Urbit devotees and outsiders alike, the board welcomed back Curtis Yarvin, the project's founder, who left in 2019. Yarvin is best known for his unorthodox political writings - a bit more on those later. (Just a bit, promise.) He holds no formal position at the foundation but will take the lead on strategy, he said.
"We don't give a [expletive] about titles," Yarvin, who rarely speaks to journalists, told CoinDesk in an interview. "We're here to fix this."
The shakeup rattled some of the the Urbit community's leading lights. Several quit the foundation, including Chief Technology Officer Ted Blackman and senior software engineer Liam Fitzgerald.
Blackman emphasized that while he no longer works for the nonprofit, he plans to continue to work on Urbit, unpaid, as an open-source developer, and will start an unrelated consulting business to pay his bills.
"The core developers of Urbit, most of them, including me, are committed to continuing to work on the operating system, no matter whether we're getting paid or not," Blackman told CoinDesk. "Rumors of Urbit's death have been exaggerated.".
Fitzgerald, who expressed frustration at the haphazard way in which the board communicated the changes, sounded less...
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