MakerDAO Picking Solana over Ethereum is Making People Mad
Did Vitalik sell $MKR in a protest?
The latest blockchain drama.
Last night I visited the bird app over a tweet alert. Ethereum founder Vitalik was selling his MakerDAO’s $MKR token. The alert said it was the first time he’d done so in two years.
My initial reaction was perhaps he wasn’t so keen on Real World Asset (RWA), an area of crypto where MakerDAO and its stablecoin DAI is the leading protocol.
What actually happened is something I would never think of in a million years. So did so many others — that’s why a lot of people are upset.
The founder of Maker, Rune, has suggested building a Solana-based blockchain.
Unless you are a crypto native, you wouldn’t know how big a deal this situation is.
It is a big deal
Rooted in tribalism, maximalism is one more thing about crypto I am not proud of — though I am often fascinated by it. Layer 1s/smart contract platforms/ blockchains have their own diehard fans who like to bicker with each other.
