MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says

MakerDAO co-founder Rune Christensen said Friday that the platform’s aboriginal autochthonal blockchain should beryllium built utilizing the codebase that underpins Solana (SOL), a web designed to supply high-speed performance.

In a governance forum post, helium said the codebase’s “technical quality,” its “resilience by having gone done the FTX blowup” and already functioning examples marque Solana “the astir promising codebase to research further.”

He besides mentioned Cosmos arsenic the different “main contender.”

MakerDAO is simply a largest decentralized concern lender and besides the issuer of the $5 cardinal DAI stablecoin. It is presently undergoing a major, multi-year overhaul called Endgame that includes breaking up the task into smaller, autarkic entities (SubDAOs) with their ain tokens and revamping its governance token MKR and stablecoin DAI.

The plan’s last signifier would beryllium the rollout of a bespoke blockchain – nether the codename NewChain, for the clip being – to link each SubDAOs and ostensibly marque the ecosystem much resilient to governance attacks and method failures, Christensen explained successful the post.

The NewChain is simply a “major agelong word project, and volition apt instrumentality astatine slightest 3 years,” helium said.

Maker’s endorsement would beryllium a symbolic triumph for the embattled Solana ecosystem, badly wounded by the illness of FTX and Sam Bankman-Fried’s downfall, who had been 1 of the network’s biggest supporters and investors.

“I americium honestly speechless,” Anatoly Yakovenko, co-founder of Solana Labs, posted connected X (formerly Twitter) pursuing Christensen’s comments. “The much codification reuse we person crossed each ecosystems the faster everything grows.”

Some assemblage members, however, already pushed backmost against Christensen’s idea, requesting much accusation astir his probe oregon pitching different solutions.

“Solana and Cosmos are the lone options? What astir an EVM-based rollup?,” salient crypto researcher Hasu replied to the forum post.

“If Coinbase tin deploy its ain concatenation connected a furniture 2 (BASE), wherefore not Maker?,” long-time assemblage subordinate Tosh9.0 asked.