The process of transferring a blockchain protocol from one architecture, codebase, or set of rules to another. This often occurs to improve performance, security, or to adopt new technological standards. Such transitions require careful planning and execution to ensure continuity and minimize disruption.
Context
Protocol migration is a key topic when projects announce significant upgrades or shifts in their underlying technology. News coverage frequently addresses the technical challenges, potential risks to users and assets, and the expected benefits of such moves. Understanding migration strategies is crucial for assessing the future direction and stability of a given blockchain ecosystem.
MakerDAO's strategic pivot to a new blockchain and its rebrand to Sky with the USDS stablecoin reshapes DeFi's interoperability and governance paradigms.
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