Ethereum

Solana

Channels

Cosmos

<div class="coingape"> 
 <h2 id="strong-makerdao-ceo-on-solana-blockchain-strong"><strong>MakerDAO CEO on Solana Blockchain</strong></h2> 
 <p><span style="font-weight: 400">It all started after Christensen announced plans to re-implement MakerDAO on a new blockchain identified as NewChain. According to the Decentralized Finance (DeFi) giant, this blockchain could be forked from the </span><span style="font-weight: 400">Solana</span><span style="font-weight: 400"> (SOL) blockchain. In effect, this would mean that MakerDAO will be moving away from the Ethereum-based architecture which it currently utilizes.</span></p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div>  
  <div id="my-banner-ad" class="d-inline-block"></div> 
 </div> 
 <p><span style="font-weight: 400">Explaining further, the MakerDAO CEO claimed that the Solana codebase is the “most promising” to explore for NewChain due to its technical quality and optimization, resilience of the Solana ecosystem following the “FTX blowup,” and past examples of successful forks of the protocol, like the&nbsp;Pyth Network.</span></p> 
 <p><span style="font-weight: 400">In response to this potential development, Yakovenko acknowledged that MakerDAO’s move is impressive, citing that it is a win for open source. At the same time, he warned that it should not be perceived as an endorsement of one blockchain over the other.</span></p> 
 <p><span style="font-weight: 400">“I really hope that people in the Solana community don’t use this as some cudgel to attack Ethereum,” Yakovenko said in a recent post. He even advocated for Ethereum noting that the protocol is “awesome.”</span></p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/04/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/04/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/01/fa6133ad6e87ee1c4776d3849180d46b.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/01/fa6133ad6e87ee1c4776d3849180d46b.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Trading Bots List 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/f88de9f91a8c6b7926f52e209e8f697e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/472515f3ab5ae759f4e49d6afa8bc33a.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/472515f3ab5ae759f4e49d6afa8bc33a.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">Ethereum is awesome. Solana wasn’t built in a vacuum, and tons and tons of things that make @solana special were built based on <a rel="noopener noreferrer nofollow" title="ethereum" href="https://thebittimes.com/tag/ethereum.html">ethereum</a>’s r&amp;d.</p> 
  <p>— toly 🇺🇸 (@aeyakovenko) September 3, 2023</p> 
 </blockquote> 
 <p></p> 
 <h2 id="strong-crypto-leaders-advocate-collaborative-efforts-strong"><strong>Crypto Leaders Advocate Collaborative Efforts</strong></h2> 
 <p><span style="font-weight: 400">Unlike the narrative that is being peddled by some community members, Christensen is confident that in the future, NewChain would serve as a bridge between Ethereum and Solana. He also shared that in the long run, this will provide “a useful boost to the network effect of the entire multichain economy.”&nbsp;</span></p>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p><span style="font-weight: 400">He went on to acknowledge Cosmos as a close alternative to the NewChain codebase.</span></p> 
 <p><span style="font-weight: 400">Paying close attention to Christensen’s tweet, one would see that he was clearly appreciating multiple blockchains including </span><span style="font-weight: 400">Ethereum</span><span style="font-weight: 400">, Solana and Cosmos.</span></p> 
 <p><span style="font-weight: 400">“All chains are increasingly interconnected and synergize to form a global multichain network economy.”</span></p> 
 <p><span style="font-weight: 400">However, enthusiastic community members seem to have taken him out of context and ultimately, it looks like crypto industry leaders are beginning to get more interested in collaborative technological advancements, rather than encourage rivalry.</span></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/solana-founder-cautions-against-rivalry-with-ethereum-tbt61373.html">https://thebittimes.com/solana-founder-cautions-against-rivalry-with-ethereum-tbt61373.html</a></p>

Solana Founder Cautions Against Rivalry With Ethereum

Table of Contents

TheBitTimes

Other articles published on Sep 3, 2023

Bitcoin Price Prediction as Bulls Hold $25,800 Level – Here are Key Levels to Watch

Binance CEO says Bitcoin Leaves a Digital Trail and is Traceable

Ethereum (ETH) Price Analysis for September 3

CryptosHeadlines: Top Stories of the Week

Top 5 Most Influential Memecoins of 2023

Gala Games’ CEO and Co-Founder File Lawsuits Against Each Other

Join our free newsletter for daily crypto updates!