Solana co-founder stated that Ethereum is awesome amidst its planned migration to MakerDAO, highlighting the potential of the blockchain network. This positive endorsement adds credibility to Ethereum’s capabilities and demonstrates the growing interest in its technology.
Title 1: The Controversial Endgame of MakerDAO: Will Solana Become the Basis for NewChain?
In a major development, the Maker protocol’s “Endgame” overhaul is entering its final phase, leaving the crypto community buzzing with anticipation. Rune Christensen, the co-founder of the protocol, announced on Twitter that the last phase of Endgame involves launching a native blockchain called NewChain. However, what stirred up controversy was Christensen’s revelation that he believes the Solana codebase should serve as the foundation for NewChain.
Christensen listed three primary reasons behind his preference for Solana: its technical quality, demonstrated resilience following the FTX blow up, and successful examples of Solana’s codebase being used for other projects. This means that MakerDAO, which has been operating on Ethereum thus far, might migrate to its long-time rival.
Predictably, Christensen’s endorsement of Solana has faced backlash on Crypto Twitter, with users questioning the decision. Many pointed out that the majority of MakerDAO’s user base is highly loyal to Ethereum. Some urged Christensen to consider the weight of their allegiance and cautioned against prioritizing Solana over Ethereum.
The Ethereum and Solana communities have been engaged in a long-standing rivalry, with Solana’s co-founder even stating on CNBC that Ethereum is too slow for peer-to-peer payments. However, things seem to have changed in 2023. Anatoly ‘Toly’ Yakovenko, co-founder of Solana, took to Twitter ahead of any possible backlash from his community, emphasizing that MakerDAO’s consideration of Solana’s technology is a win for open source. He also encouraged the Solana community not to use this as an opportunity to attack Ethereum.
Yakovenko went on to praise Ethereum, stating that much of Solana’s tech stack is inspired by Ethereum’s research and development. His comments were intended to quell any potential animosity between the two communities. Matias Barrios, a security researcher for Kudelski Security and a Solana program auditor, expressed surprise at the lack of mocking towards Ethereum within the Solana community. He believes that Christensen’s backing is a significant validation for Solana, coming from one of the prominent projects in the ecosystem.
Despite the potential rekindling of rivalry, Christensen took heed of Yakovenko’s message and acknowledged the greatness of Ethereum, Solana, and Cosmos. He stressed that all chains are increasingly interconnected and that tribalism inhibits innovation. Christensen urged those with a tribal mindset to stick to Bitcoin and allow the rest of the community to build a global multi-chain network economy.
In conclusion, MakerDAO’s controversial endgame is nearing its conclusion, with the possibility of Solana becoming the basis for NewChain. The debate between Ethereum and Solana enthusiasts continues, but the leaders of both projects are making efforts to foster a spirit of collaboration rather than competition. The future of MakerDAO and its relationship with Solana and Ethereum remains uncertain but full of potential.
Title 2: MakerDAO’s Endgame: Exploring the Potential of Solana as the Foundation for NewChain
The MakerDAO protocol’s ongoing overhaul, aptly named “Endgame,” is entering its final phase, bringing with it a renewed focus on the long-standing rivalry between Ethereum and Solana. Rune Christensen, co-founder of MakerDAO, recently announced on Twitter that the next step in Endgame involves launching a native blockchain called NewChain. However, it was Christensen’s belief that the Solana codebase should serve as the basis for NewChain that sparked controversy within the crypto community.
Christensen outlined three main reasons for his endorsement of Solana. Firstly, he highlighted the technical quality of the blockchain, which has proven resilient even after the FTX blow up. Secondly, he pointed to successful instances of Solana’s codebase being forked for other projects. Lastly, he emphasized the potential benefits of using Solana as a foundation for MakerDAO’s future.
The reaction from the crypto community, particularly on Crypto Twitter, was mixed. Many voiced their concerns, suggesting that MakerDAO’s user base has a strong allegiance to Ethereum. They argued that Christensen should consider this allegiance and prioritize Ethereum over Solana.
It is worth noting that Ethereum and Solana have had a historical rivalry. Solana’s co-founder once publicly criticized Ethereum, stating that it is too slow for peer-to-peer payments. However, in 2023, there seems to be a shift in perspective. Anatoly ‘Toly’ Yakovenko, the co-founder of Solana, took to Twitter to express his support for MakerDAO’s consideration of Solana’s technology. He emphasized that this move is a win for open source and urged the Solana community not to attack Ethereum.
Yakovenko further praised Ethereum’s technology, acknowledging that Solana’s tech stack draws inspiration from Ethereum’s research and development. His comments aimed to promote unity and discourage animosity between the two communities. Matias Barrios, a security researcher and Solana program auditor, also echoed Yakovenko’s sentiments, emphasizing the importance of collaboration and encouraging a mindset that values innovation over tribalism.
In response to the potential backlash, Christensen affirmed the greatness of all chains, including Ethereum, Solana, and Cosmos. He recognized the increasing interconnectedness of various chains and underscored the need to build a global multi-chain network economy. He urged tribalistic individuals to direct their attention back to Bitcoin and allow the broader crypto community to continue building.
As the MakerDAO Endgame enters its final phase, the possibility of Solana becoming the foundation for NewChain brings both excitement and uncertainty. The Ethereum-Solana rivalry persists, but the leaders of both projects are making efforts to foster collaboration and avoid needless contention. The future holds immense potential for MakerDAO as it navigates its relationship with Solana, Ethereum, and the broader crypto landscape.