HomeCoinsEthereumSolana 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 towards harboring resentment in the direction of Ethereum (ETH) following latest reward from MakerDAO’s (MKR) CEO, Rune Christensen.

MakerDAO is contemplating Solana

In a latest weblog submit, Christensen unveiled the MakerDAO Endgame plan’s remaining part, revealing a complete reimagining of the DeFi protocol on a novel forked model of Solana, which will probably be named NewChain.

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

Christensen additional hinted that NewChain may function an important bridge connecting Ethereum and Solana. He wrote:

“Because we benefit from the core Solana ecosystem being resilient, it would be strategically beneficial to ensure there is 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 source’

Following the revelation, some crypto neighborhood members interpreted Maker’s alternative 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 awesome. Solana wasn’t built in a vacuum, and tons and tons of things that make Solana special were built based on Ethereum’s r&d.”

Buterin dumps all MKR tokens

Then again, Ethereum co-founder Vitalik Buterin offered all his MKR tokens for 353 ETH, round $581,000, by CoW protocol DEX, in accordance with Arkham Intelligence’s dashboard.

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

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

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

Supply: https://cryptoslate.com/solana-co-founder-backs-ethereum-amid-makerdao-fork-consideration/


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