xDai Wants a Gnosis Merger to Stay Relevant, but Some Tokenholders Are Crying Foul

Posted on by American Coins & Gold

xDai Wants a Gnosis Merger to Stay Relevant, but Some Tokenholders Are Crying Foul
A historic, multimillion-dollar deal between a layer 1 base layer network with a devout following and a major Ethereum infrastructure builder may have hit a snag this week as some token speculators believe they may be getting shortchanged.In a governance forum proposal this week, Gnosis founder Martin Köppelmann laid out a plan that would allow the Ethereum development heavyweight to merge with xDai, a popular Ethereum sidechain for developers and one of the oldest layer 1 alternatives.The merger would combine technical savvy and major funding to create “Gnosis Chain,” a combined effort that could help the two projects stand out…