MakerDAO Considers Building Future Native Blockchain Using Solana Codebase
MakerDAO co-founder Rune Christensen has proposed that the platform’s future native blockchain should be built using the codebase of Solana (SOL), a high-speed performance network. He believes Solana’s technical quality, resilience, and existing functioning examples make it the most promising codebase to explore further. MakerDAO, a decentralized finance lender and issuer of the $5 billion DAI stablecoin, is currently undergoing a major overhaul called Endgame. The plan includes breaking up the project into smaller entities with their own tokens and revamping governance. The final phase would be the rollout of a bespoke blockchain called NewChain. This proposal would be a symbolic win for Solana, which has recently faced challenges. However, some community members have pushed back, requesting more information or suggesting alternative solutions.
Key Points:
- MakerDAO co-founder Rune Christensen proposes building future native blockchain using Solana codebase
- MakerDAO is currently undergoing a major overhaul called Endgame
- The final phase of the plan is the rollout of a bespoke blockchain called NewChain
- Making Solana the codebase for the blockchain would be a symbolic win for the network
- Some community members have pushed back and suggested alternative solutions
Hot Take:
MakerDAO’s consideration of using Solana’s codebase for their future native blockchain could be a significant boost for Solana, which has faced challenges recently. However, it remains to be seen whether this proposal will gain widespread support within the MakerDAO community.