{"id":49157,"date":"2022-06-24T13:03:43","date_gmt":"2022-06-24T11:03:43","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=49157"},"modified":"2022-06-24T13:03:43","modified_gmt":"2022-06-24T11:03:43","slug":"solanas-saga-phone-its-big-bet-for-web3","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/solanas-saga-phone-its-big-bet-for-web3\/","title":{"rendered":"Solana’s “Saga” Phone: Its Big Bet for Web3"},"content":{"rendered":"

Solana Labs<\/strong> has unveiled plans for a highly ambitious Solana Mobile Stack software ecosystem for Android<\/strong>, along with an upcoming Android handset called Saga.<\/strong><\/p>\n

<\/p>\n

Amidst the ongoing crypto market rout, Solana, the layer one blockchain, is focussing on setting a new standard for the web3 experience on mobile. According to its official blog post<\/a>, the open-source Solana Mobile Stack will allow native Android web3-powered apps on the Solana network such as minting<\/strong>. Saga, on the other hand, will offer functionalities that are tightly integrated with the blockchain<\/strong>. The goal is to make web3 transactions easy and secure.<\/p>\n

Open-source software toolkit for Android<\/h2>\n

\"Solana's<\/p>\n

Solana Mobile Stack (SMS) will include a Seed Vault<\/strong> that can be defined as a secure custody protocol for mobile to conduct instant and seamless transactions. The focus of SMS will be to maintain private keys “partitioned”<\/strong> from wallets, applications, and the operating system, in addition to Mobile Wallet Adapter<\/strong> and integrated payments features.<\/p>\n

It will also feature the “Solana dApp Store”<\/strong> which is a dedicated app distribution system on Android designed for mobile devices to access web3 apps as well as wallets<\/strong> built on Solana without fees.<\/p>\n

Anatoly Yakovenko<\/strong>, co-founder of Solana believes that devs have been restricted from creating “truly decentralized mobile apps”<\/strong> for far too long because the existing “gatekeeper model” is invalid. He went on to add,<\/p>\n

“We live our lives on our mobile devices – except for web3 because there hasn\u2019t been a mobile-centric approach to private key management. The Solana Mobile Stack shows a new path forward on Solana that is open source, secure, optimized for web3, and easy to use.”<\/em><\/p>\n

Time for crypto to go mobile<\/h2>\n

\"Solana's<\/p>\n

Features of Solana’s Android smartphone device – Saga include a 6.67″ OLED display<\/strong>, 12 GB RAM, and 512 GB storage. It also has the latest flagship Snapdragon\u00ae 8+ Gen 1 Mobile Platform and is slated to hit the market in early 2023<\/strong> and will cost around $1,000.<\/strong> Solana Mobile Stack\u2019s Seed Vault will enable security features. The smartphone is designed and manufactured by a prominent Android development firm – OSOM.<\/strong><\/p>\n

StepN Chief Revenue Officer Mable Jiang<\/strong> in a statement said<\/p>\n

“Saga will enable a more open experience for users to interact with StepN from different non-custodial wallets. With Saga, our users could choose whichever frontend they want to trade on very seamlessly.”<\/em><\/p>\n

Furthermore, Solana<\/a> Foundation also announced a $10 million<\/strong> in ecosystem development grants for devs working on Solana Mobile Stack. The main objective of the grant is to foster the development of native mobile dApps.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Solana Labs has unveiled plans for a highly ambitious Solana Mobile Stack software ecosystem for Android, along with an upcoming Android handset called Saga.<\/p>\n","protected":false},"author":21,"featured_media":49172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,70,74,114,9157],"tags":[5416,5348,5452,5453],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/49157"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=49157"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/49157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/49172"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=49157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=49157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=49157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}