Solana Founder Cautions Against Detrimental Rivalry With Ethereum

Solana (SOL) founder Anatoly Yakovenko has taken to the X social media platform, formerly known as Twitter to warn his community members against hurling hate statements and attacks on Ethereum (ETH). MakerDAO Co-founder and Chief Executive Officer Rune Christensen had to also take the same action.

MakerDAO CEO on Solana Blockchain

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 Solana (SOL) blockchain. In effect, this would mean that MakerDAO will be moving away from the Ethereum-based architecture which it currently utilizes.

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 Pyth Network.

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.

“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.”

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.

— toly 🇺🇸 (@aeyakovenko) September 3, 2023

Crypto Leaders Advocate Collaborative Efforts

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.” 

He went on to acknowledge Cosmos as a close alternative to the NewChain codebase.

Paying close attention to Christensen’s tweet, one would see that he was clearly appreciating multiple blockchains including Ethereum, Solana and Cosmos.

“All chains are increasingly interconnected and synergize to form a global multichain network economy.”

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.