Solana co-founder Anatoly Yakovenko has cautioned the blockchain community against harboring resentment towards Ethereum following recent praise from MakerDAO CEO Rune Christensen.
In a recent blog post, Christensen unveiled the MakerDAO Endgame plan’s final phase, revealing a comprehensive reimagining of the DeFi protocol on a novel forked version of Solana, which will be named NewChain.
Christensen highlighted Solana’s technical prowess and optimization as factors that make it ideal for his platform’s blockchain network. Additionally, he noted that Solana has demonstrated impressive resilience despite the issues it faced due to FTX’s collapse, bolstering its position with a thriving developer community. This robust ecosystem reduces development and maintenance costs and guarantees a consistent pool of top-tier talent.
Christensen further hinted that NewChain could serve as a vital bridge connecting Ethereum and Solana. He wrote: “Because we benefit from the core Solana ecosystem being resilient, it would be strategically beneficial to ensure there is a Two-Stage Gravity Bridge from NewChain to Solana alongside the bridge from NewChain to Ethereum.”
Yakovenko welcomed MakerDAO’s decision to consider Solana, but he urged the community to avoid viewing it as a victory for Solana over Ethereum. He said that the decision was a win for open-source technology and had “nothing to do with Solana’s mainnet or sol vs. eth.” He added: “Ethereum is awesome. Solana wasn’t built in a vacuum, and tons and tons of things that make Solana special were built based on Ethereum’s R&D.”
Yakovenko’s comments come amid a growing rivalry between Solana and Ethereum. Both blockchains are vying to become the leading platform for decentralized finance (DeFi) and other applications. However, Solana has been gaining ground in recent months, thanks to its faster transaction speeds and lower fees.
The sale of all his MKR tokens by Ethereum co-founder Vitalik Buterin has also added fuel to the fire. Some have speculated that the sale was a retaliatory move against MakerDAO’s decision to consider Solana. However, others believe that Buterin simply sold his tokens to diversify his portfolio. Ultimately, the future of Solana and Ethereum remains to be seen. However, it is clear that the two blockchains are locked in fierce competition. Only time will tell which platform will emerge victorious.
