MakerDAO Co-Founder Considers Solana for NewChain Implementation!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

MakerDAO co-founder Rune Post has suggested exploring a fork of the Solana codebase for NewChain, the proposed new independent blockchain for the Maker protocol. According to Post, Solana is the most promising codebase for this project, but Cosmos is also under consideration. This move is part of the fifth stage of the Endgame plan, which envisions the implementation of the entire Maker protocol on a new blockchain. The use of a distinct blockchain will enable MakerDAO to function independently while also enhancing efficiency and scalability. With Solana’s fast transaction speeds and Cosmos’ interoperability features, the future of MakerDAO on NewChain looks promising.

Source: https://coinpedia.org/crypto-live-news/makerdao-co-founder-considers-solana-for-newchain-implementation/