Solana co-founder backs Ethereum amid MakerDAO fork consideration

Solana’s (SOL) co-founder, Anatoly Yakovenko, has cautioned the blockchain assemblage against harboring resentment towards Ethereum (ETH) pursuing caller praise from MakerDAO’s (MKR) CEO, Rune Christensen.

MakerDAO is considering Solana

In a caller blog post, Christensen unveiled the MakerDAO Endgame plan’s last phase, revealing a broad reimagining of the DeFi protocol connected a caller forked mentation of Solana, which volition beryllium named NewChain.

Christensen highlighted Solana’s method prowess and optimization arsenic factors that marque it perfect for his platform’s blockchain network. Additionally, helium noted that Solana has demonstrated awesome resilience contempt the issues it faced owed to FTX’s collapse, bolstering its presumption with a thriving developer community. This robust ecosystem reduces improvement and attraction costs and guarantees a accordant excavation of top-tier talent.

Christensen further hinted that NewChain could service arsenic a captious span connecting Ethereum and Solana. He wrote:

“Because we payment from the halfway Solana ecosystem being resilient, it would beryllium strategically beneficial to guarantee determination is simply a Two-Stage Gravity Bridge from NewChain to Solana alongside the span from NewChain to Ethereum.”

Yakovenko says Maker program is simply a ‘win for unfastened source’

Following the revelation, immoderate crypto assemblage members interpreted Maker’s prime arsenic a triumph for Solana portion simultaneously mocking Ethereum.

However, Yakovenko urged caution, saying Maker’s information was a triumph for open-source exertion and had “nothing to bash with Solana’s mainnet oregon sol vs. eth.” He added:

“Ethereum is awesome. Solana wasn’t built successful a vacuum, and tons and tons of things that marque Solana special were built based connected Ethereum’s r&d.”

Buterin dumps each MKR tokens

On the different hand, Ethereum co-founder Vitalik Buterin sold each his MKR tokens for 353 ETH, astir $581,000, done CoW protocol DEX, according to Arkham Intelligence’s dashboard.

Many are pondering the underlying motive for the sale, with galore speculating that this mightiness beryllium a retaliatory action. However, this seems unlikely, considering Buterin’s anterior endorsements of the Solana network.

Nevertheless, the enactment has attracted attention from salient figures successful the crypto community, including Justin Sun, the laminitis of the Tron Network.

The station Solana co-founder backs Ethereum amid MakerDAO fork consideration appeared archetypal connected CryptoSlate.