News

MakerDAO Co-Founder Rune Sees Solana As The Most Promising Codebase

Key Points:

  • Solana’s codebase is the most promising option for NewChain development.
  • MakerDAO could benefit from Solana’s ecosystem and developer talent.
  • A Two-Stage Gravity Bridge would connect two of the biggest blockchains.
MakerDAO’s Co-Founder, Rune Post, has proposed exploring a fork of Solana’s codebase for the development of a new independent blockchain, NewChain.

After researching all the different options available, Post believes that Solana’s technical quality and highly optimized codebase make it the most promising option to explore further. In addition, the ecosystem has proven its resilience and has a significant developer community. There are also examples of the codebase being forked and adapted to act as appchains, such as the pyth project.

Using a fork of the codebase would allow MakerDAO to build a symbiotic relationship with the existing ecosystem. They would be able to tap into the large pool of developer talent available and potentially fund and maintain an independent client to boost the baseline resilience of the ecosystem.

In addition, a Two-Stage Gravity Bridge from NewChain to Solana alongside the bridge from NewChain to Ethereum would provide the Solana mainnet access to native Maker DeFi features and capital. This would also boost the network effect of the entire multichain economy by connecting two of the biggest blockchains with a highly secure bridge, enabling tighter and more security-dependent integrations between the two economies.

Solana’s technical quality and resilient ecosystem make it a promising option for the development of NewChain. By exploring a fork of its codebase, MakerDAO would be able to benefit from the existing ecosystem and tap into the large pool of developer talent available. A Two-Stage Gravity Bridge would also provide Solana with access to native Maker DeFi features and capital, boosting the network effect of the entire multichain economy.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

Recent Posts

Chainlink Fund Tokenization Pilot Successful With Large Banks Participating

The Chainlink fund tokenization underscores the growing interest in asset tokenization, boosting Chainlink's price by…

15 mins ago

Controversial SEC Crypto Asset Accounting Rule Strongly Opposed By US Senate

The U.S. Senate voted 60-38 to overturn the SEC crypto asset accounting rule, easing restrictions…

40 mins ago

Pyth Grants $50 Million In PYTH To Stimulate Ecosystem Growth

Pyth grants $50 million, offering community, research, and developer grants, with rewards in unlocked or…

10 hours ago

Is Robinhood Losing Crypto Users? Trading Volume Saw A Plummet In April

Is Robinhood losing crypto users? Data shown a 57% drop in trading volume in April.…

10 hours ago

AMF Issues Warning Against Bybit, Website block Possible

AMF issues warning against Bybit, due to non-compliance with French regulations. Last year, Bybit also…

11 hours ago

Worldcoin’s World Chain Will Prioritize Improving Scalability For Clients

The endeavor aims to bolster infrastructure, projects, and research to enable Worldcoin's World Chain to…

11 hours ago

This website uses cookies.