MakerDAO co-founder Rune Christensen has proposed to utilize a fork of Solana's codebase as the fundamental infrastructure for MakerDAO's upcoming native blockchain, NewChain.
This move marks a significant departure from the project's historical affiliation with the Ethereum Virtual Machine (EVM).
In a MakerDAO forum post, Rune Christensen provided an in-depth explanation of how the Solana codebase could serve as the basis for NewChain.
Christensen emphasized the technical quality of Solana's codebase, citing its suitability for building an efficient blockchain. This resilience positions SOL as a durable ecosystem, boasting talents that MakerDAO can leverage for NewChain's development at a cost-effective rate.
The MakerDao co-founder also pointed out the robustness of the SOL codebase with a valuable pool of talent, which can be tapped into for the development and maintenance of NewChain at an economical cost.
Moreover, Christensen highlighted the adaptability of the Solana codebase, showcasing instances of successful forks and adaptations for appchains. This adaptability provides a robust foundation for MakerDAO to customize NewChain to suit its specific requirements.
While emphasizing Solana's advantages, Christensen clarified that the Ethereum Virtual Machine remains valuable for user-facing applications. However, the EVM does not align with MakerDAO's particular backend needs.
Subsequently, the latest proposal is part of MakerDAO's final phase of the Endgame upgrade, a five-phase initiative unveiled in May.
The last phase will be projected to span roughly three years and will involve a complete reimplementation of the Maker Protocol on NewChain, a fresh and autonomous blockchain.
NewChain's primary function will be to serve as the backend infrastructure for the project's SubDAO tokenomics and governance security.
On the other hand, MakerDAO's governance token, Maker (MKR), and its stablecoin, Dai (DAI), will continue to operate on the Ethereum network, benefitting from the strengths of both Solana and Ethereum.