Vitalik ‘pulls a Steve Jobs’ in his beef with MakerDAO

TL;DR

• MakerDAO is switching from Ethereum to Solana, that means its community charges will now go to Solana.

• In response, Ethereum founder Vitalik Buterin simply offered all of his MakerDAO holdings (~$580k).

• When Steve Jobs was fired from Apple in 1985, he did one thing comparable – promoting off all however one in every of his shares.

Full Story

When Steve Jobs was fired from Apple in 1985, he offered off all however one in every of his shares and rode off into the sundown.

Vitalik Buterin adopted the same path final week when MakerDAO introduced it will be switching from Ethereum to Solana.

For these of you taking part in at house…

Here is what MakerDAO is/does:

MakerDAO is the issuer of the ‘DAI’ stablecoin – a coin that stays pegged to the worth of the US greenback.

Here is what switching from ETH to SOL means:

MakerDAO is overhauling its operation, and shifting to Solana – which is form of like an organization saying:

“You realize what, screw Microsoft – we’re shifting to Apple’s working system.”

Level being: the community charges which might be generated by MakerDAO’s new and improved system at the moment are going to Solana, as an alternative of Ethereum.

Here is what Vitalik did in response:

He offered all of his MakerDAO holdings, which amounted to roughly $580k.

A small sum of money within the grand scheme of issues, however a strong snub when pointed at MakerDAO.

It is no ‘horse head next to you in bed‘ – nevertheless it will get the message throughout.