test
Saturday, June 22, 2024
HomeEthereumSolana co-founder backs Ethereum amid MakerDAO fork consideration

Solana co-founder backs Ethereum amid MakerDAO fork consideration


Solana’s (SOL) co-founder, Anatoly Yakovenko, has cautioned the blockchain neighborhood in opposition to harboring resentment in the direction of Ethereum (ETH) following current reward from MakerDAO’s (MKR) CEO, Rune Christensen.

MakerDAO is contemplating Solana

In a current weblog put up, Christensen unveiled the MakerDAO Endgame plan’s ultimate part, revealing a complete reimagining of the DeFi protocol on a novel forked model of Solana, which will likely be named NewChain.

Christensen highlighted Solana’s technical prowess and optimization as elements that make it superb for his platform’s blockchain community. Moreover, he famous that Solana has demonstrated spectacular resilience regardless of the points it confronted resulting from FTX’s collapse, bolstering its place with a thriving developer neighborhood. This sturdy ecosystem reduces growth and upkeep prices and ensures a constant pool of top-tier expertise.

Christensen additional hinted that NewChain might function a significant bridge connecting Ethereum and Solana. He wrote:

“As a result of we profit from the core Solana ecosystem being resilient, it might be strategically useful to make sure there’s a Two-Stage Gravity Bridge from NewChain to Solana alongside the bridge from NewChain to Ethereum.”

Yakovenko says Maker plan is a ‘win for open supply’

Following the revelation, some crypto neighborhood members interpreted Maker’s selection as a victory for Solana whereas concurrently mocking Ethereum.

Nevertheless, Yakovenko urged warning, saying Maker’s consideration was a win for open-source know-how and had “nothing to do with Solana’s mainnet or sol vs. eth.” He added:

“Ethereum is superior. Solana wasn’t inbuilt a vacuum, and tons and tons of issues that make Solana special have been constructed based mostly on Ethereum’s r&d.”

Buterin dumps all MKR tokens

However, Ethereum co-founder Vitalik Buterin offered all his MKR tokens for 353 ETH, round $581,000, by way of CoW protocol DEX, in response to Arkham Intelligence’s dashboard.

Many are pondering the underlying motive for the sale, with many speculating that this is perhaps a retaliatory motion. Nevertheless, this appears unlikely, contemplating Buterin’s prior endorsements of the Solana community.

Nonetheless, the motion has attracted consideration from outstanding figures within the crypto neighborhood, together with Justin Solar, the founding father of the Tron Community.

The put up Solana co-founder backs Ethereum amid MakerDAO fork consideration appeared first on CryptoSlate.



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments