MakerDAO’s Controversial Endgame Nears as Native Blockchain Launch Looms
MakerDAO’s multi-year protocol overhaul, known as “Endgame,” is entering its final phase, according to co-founder Rune Christensen. The controversial aspect comes from Christensen’s announcement that MakerDAO’s native blockchain, named NewChain, will be based on the Solana codebase. This decision has sparked backlash from the crypto community, with many questioning the move away from Ethereum, MakerDAO’s current platform. However, Solana’s co-founder, Anatoly Yakovenko, has urged his community not to attack Ethereum, emphasizing that Maker’s consideration of Solana’s tech is a win for open source. He even praised Ethereum’s research and development, stating that Solana was inspired by it. Matias Barrios, a security researcher, echoed this sentiment, calling for innovation over tribalism. In response, Christensen emphasized the interconnectedness of different chains and urged against tribalism, stating that all chains should work together to build a global multi-chain network economy.
Main Breakdowns:
- Endgame, MakerDAO’s multi-year protocol overhaul, is in its final phase
- Controversy arises from the decision to base MakerDAO’s native blockchain, NewChain, on the Solana codebase
- Rune Christensen’s endorsement of Solana receives backlash from the crypto community
- Anatoly Yakovenko, Solana’s co-founder, urges his community not to attack Ethereum and highlights the importance of open source
- Matias Barrios, a security researcher, emphasizes the need for innovation and discourages tribalism
Hot Take:
The controversy surrounding MakerDAO’s move towards the Solana codebase highlights the ongoing rivalry between Ethereum and Solana. While some criticize the decision, others see it as an opportunity for open-source collaboration. The co-founders of both projects have called for unity and innovation, emphasizing the interconnectedness of different blockchain networks. In the rapidly evolving crypto landscape, it is crucial to focus on building a global multi-chain network economy rather than engaging in tribalism. Ultimately, the success of MakerDAO’s endgame will depend on how well it navigates this contentious transition and leverages the strengths of Solana’s technology.
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