As the decentralized finance landscape keeps evolving, the latest buzz making rounds concerns Rune Christensen, co-founder of MakerDAO. He brought forward the idea that the future native blockchain of the platform should be built on the codebase that powers Solana (SOL), a network celebrated for its high-speed performance.
Christensen backed the idea with the stated technical quality and resilience of Solana’s codebase, tested during the FTX crunch – a disastrous event for Solana, resulting in the collapse of FTX and downfall of Sam Bankman-Fried, an ardent supporter and investor of the network. It’s worth mention that Solana would see a resurgence of sorts if Maker endorses it.
A central pillar of the MakerDAO—a decentralized finance lender and issuer of the $5 billion DAI stablecoin–is its multi-year overhaul project titled ‘Endgame’. It aims to fragment the project into smaller autonomous entities (SubDAOs) armed with their own tokens, along with reconstruction of its governance token, MKR and stablecoin, DAI.
In the final stage of Endgame, the rollout of a bespoke blockchain (NewChain), to consolidate all SubDAOs is envisaged. According to Christensen, this could erect fortifications against governance invasions and technical malfunctions. However, the NewChain doesn’t appear on the immediate horizon, expected to take no less than 3 years.
Despite the optimism sowed by Christensen, some members of the community did not receive this news with enthusiasm. Questioning the soundness of the research supporting the idea, they even proposed alternative solutions.
A particular query from Hasu, a notable crypto researcher, was pointed – Are Solana and Cosmos the only choice? Hasu further questioned the feasibility of an EVM-based rollup, subtly suggesting that other potent options might have been overlooked.
Moreover, Tosh9.0, a long-standing community member posited – If Coinbase can deploy its own chain on a layer 2 (BASE), why can’t Maker follow suit?
As the future of Maker’s native blockchain hangs in balance, it’s clear that the direction forward will be shaped by intense discussions and avid research. Whatever the final outcome, it’s safe to say that the interest and spirit infused by Christensen in exploring this space are pushing the threshold ever further.
Source: Coindesk
