TRENDING

Home ยป MakerDAO founder proposes Solana fork for NewChain blockchain phase.

MakerDAO founder proposes Solana fork for NewChain blockchain phase.

he founder of MakerDAO, Rune Christensen, has proposed a fork of the Solana blockchain for the final phase of Maker's "Endgame" strategy. This proposed phase, called "NewChain,

by V. Sinclair
0 comment

According to a recent tweet and accompanying blog post, Rune Christensen, the founder of MakerDAO, has proposed utilizing a fork of the Solana blockchain for the final phase of Maker’s “Endgame” strategy. This phase, known as “NewChain,” aims to rebuild the entire Maker Protocol on a standalone blockchain. The objective behind this move is to enhance the security and efficiency of the ecosystem, enabling it to recover smoothly from governance attacks or technical failures. The project is expected to be long-term, with an estimated completion time of at least three years.

Christensen outlined three primary reasons for considering the Solana codebase as a potential foundation for NewChain. Firstly, Solana’s codebase is highly optimized, particularly in the areas required for NewChain. Secondly, the Solana ecosystem has demonstrated resilience and features a thriving developer community that Maker can leverage. Lastly, Christensen highlighted successful instances of the Solana codebase being forked for similar projects, such as the Pyth network, as evidence of its adaptability. While alternatives like Cosmos were also considered, Christensen noted that they fell short in terms of efficiency compared to Solana.

Related Posts :

footer logo

@2023 – All Right Reserved.

Incubated bydesi crypto logo