Solana

MakerDAO Co-Founder Considers Solana for NewChain Implementation!

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Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

MakerDAO co-founder Rune Submit has advised exploring a fork of the Solana codebase for NewChain, the proposed new unbiased blockchain for the Maker protocol. Based on Submit, Solana is essentially the most promising codebase for this venture, however Cosmos can also be into consideration. This transfer is a part of the fifth stage of the Endgame plan, which envisions the implementation of your entire Maker protocol on a brand new blockchain. Using a definite blockchain will allow MakerDAO to perform independently whereas additionally enhancing effectivity and scalability. With Solana’s quick transaction speeds and Cosmos’ interoperability options, the way forward for MakerDAO on NewChain seems to be promising.



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