Rune Christensen, co-founder of MakerDAO, has proposed to build the project’s upcoming native chain off of a fork of Solana’s codebase, rather than the Ethereum Virtual Machine (EVM). This is part of the fifth and final phase of the MakerDAO “Endgame” upgrade, which is expected to take around three years to complete. In a post on Twitter, Christensen highlighted the proposal and stated that after research, Solana’s codebase should be considered as the basis for the new chain. In the proposal, Christensen described Solana’s codebase as the “most promising” option to explore, citing its technical quality, resilience, and existing examples of the codebase being forked and adapted. Christensen noted that while the EVM is important for building stuff for users, it does not suit MakerDAO’s specific requirements on the backend. NewChain will serve as a back-end for the project’s SubDAO tokenomics and governance security, while Maker MKR ($1,177) and stablecoin Dai DAI ($1.00) will continue to function as usual on Ethereum.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 8 |
| People | FTX blowup, Rune Christensen, Solana ecosystem, MakerDAO co-founder, MakerDAO co-founder Christensen |
| Companies | Dai DAI, FTX, MakerDAO, Solana, Maker MKR, Ethereum |
| Currencies | Dai, Solana, Maker, Ethereum, Bitcoin |
| Securities | None |
