Solana Unveils Web3 Cell Cellphone

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Key Takeaways

  • Solana is launching a cell phone referred to as Saga.
  • Customers will be capable of obtain dApps together with buying and selling platforms and NFT marketplaces. The system may even embrace {hardware} safety measures and instruments for builders to publish their very own merchandise.
  • The cellphone is predicted to ship in early 2023.

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Solana is planning to launch a cell phone, marking one of many business’s first makes an attempt to develop Web3 know-how past the desktop. Included within the cellphone might be a dApp retailer, Solana SDK, and {hardware} personal key safety measures.

Web3 Goes Cell

The staff behind Solana is launching a brand new cell phone.

Solana Labs CEO Anatoly Yakovenko introduced at present at an occasion in New York Metropolis the launch of Saga, an Android cellphone constructed particularly with Web3 in thoughts. The cellphone will present entry to a decentralized functions (dApp) cell retailer by which customers will be capable of obtain decentralized buying and selling platforms and NFT marketplaces.

The dApp retailer is to be launched with out charges; the staff’s avowed aim is to ultimately let the Solana neighborhood take part within the governance of its catalogue. 

Solana is likely one of the largest blockchains in crypto. Well-known for its excessive throughput (65,000 transactions per second in opposition to Ethereum’s 30) and really low charges, the protocol has been the topic of criticism for its excessive degree of centralization and quite a few outages.

The Saga cellphone will sport a 6.6-inch show, 512 GB of storage, and 12 GB of RAM. Whereas Solana Labs doesn’t count on it to ship earlier than the primary monetary quarter of 2023, customers can now pre-order it on the web site for 100 USDC.

Different merchandise to be featured on the system embrace a Solana SDK, which supplies a framework for builders to publish and distribute their very own cell dApps, and a hardware-encoded Seed Vault for customers to retailer their personal keys in.

The Solana Basis might be offering a $10 million fund to “assist kickstart a brand new cell ecosystem” and “encourage progress of cell dApps.” 

Markets have been unfazed by the information, with Solana’s SOL token buying and selling at round $36.5 on the time of writing, a 2% decline from the time of the announcement. 

Disclosure: On the time of writing, the writer of this piece owned ETH and several other different cryptocurrencies.

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