MakerDAO co-founder Rune Christensen is proposing that Maker (MKR) launch its personal native blockchain based mostly on the Solana (SOL) codebase.
Writing in a brand new weblog put up, Christensen reveals plans for the fifth section of “Endgame,” the long-term roadmap for Maker that was initially specified by Could of 2022.
Within the put up from Could, Christensen mentioned the fifth and closing section of Endgame was the launch of “NewChain,” a separate chain that homes backend safety whereas interacting with Ethereum (ETH) by way of a “state-of-the-art bridge.”
Now, Christen says that after researching, a Solana fork needs to be a candidate for NewChain.
“The final section of Endgame is the launch of a local blockchain for Maker with the codename NewChain.
It can make the ecosystem safer and environment friendly
After some analysis, I consider the Solana codebase needs to be thought-about as the premise for NewChain.”
Christensen names three causes particularly why Solana is probably the most promising codebase for NewChain and one which needs to be explored additional.
Particularly, the veteran crypto developer says that Solana presents excessive effectivity, together with an ecosystem galvanized by the collapse of FTX, plus a historical past of already efficiently being forked, comparable to Pyth, the oracle answer.
“The primary cause is the technical high quality of the Solana codebase, as it’s extremely optimized for the aim of working a singular, extremely environment friendly blockchain, which is what NewChain requires. The Solana codebase is engineered nicely and advantages from being designed lengthy after the bottlenecks and challenges of blockchains have been already nicely understood, which inserts properly with the target of NewChain itself in fixing the technical debt of Maker. Solana additionally already has two consumer implementations, which is essential for resilience.
The second cause is that the Solana ecosystem has confirmed its resilience by having gone by way of the FTX blowup. Regardless of all the points and hardships, the venture nonetheless has a thriving developer neighborhood. Which means it has a big Lindy Impact and is prone to stick round long run and signifies that the prices for improvement and upkeep will likely be a lot decrease and that there’ll all the time be a high-quality pool of expertise out there for Maker to entry and contribute to.
The third cause is that there already exists examples of the Solana codebase being forked and tailored to behave as appchains. Most notable is the Pyth venture which runs its personal tailored model of Solana to behave as its backend.”
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