Solana Foundation to unlock crypto transactions across the internet
The post Solana Foundation to unlock crypto transactions across the internet appeared on BitcoinEthereumNews.com. Solana developers have developed two new tools to improve mass crypto adoption and unlock crypto transactions across several internet platforms. The Solana Foundation introduced “Actions” and “Blinks” as pathways allowing users to broadcast cryptocurrency transactions to the SOL blockchain from outside native decentralized apps or dapps. Through Actions, users can settle on-chain swaps or transactions from any platform with a URL. The same can be executed on social networks and from QR Codes. Blinks builds upon a Farcaster feature dubbed Frames to facilitate sharable links for supported Actions. Solana Foundation’s head of ecosystem engineering, Jon Wong, said on Tuesday that Actions and Blinks will enable sending funds directly from a wallet like Phantom, NFT acquisitions on Tensor, voting on Realms proposals, subscribing to Acess Protocol newsletters and content, and crypto swaps on Jupiter exchange to name a few. “We must reach the “first billion” users where they already are—on their favorite apps and websites,” Wong said, referring to solutions for onboarding a billion people to crypto. Other projects, such as Backpack, Cubik, Helius, Helium, Sanctum, and Truffle, also plan to test Solana’s Actions and Blinks as the tools are introduced to end-users. What could go wrong? Since its inception, mass adoption and mainstream integration have been centerpieces of the decentralized thesis. For years, developers have debated and theorized how to propel on-chain utility to larger user bases safely. The conundrum has led several crypto startups to add support for Web2 entities like PayPal and strike partnerships with Visa. However, many have insisted that crypto truly going viral should happen via blockchain products fitted to market demand. Actions and Blinks may offer a gateway to achieving this, but concerns abound due to bad actors and a raft of crypto scammers prowling digital asset corridors. Scam links are going to be even…
The post Solana Foundation to unlock crypto transactions across the internet appeared on BitcoinEthereumNews.com.
Solana developers have developed two new tools to improve mass crypto adoption and unlock crypto transactions across several internet platforms. The Solana Foundation introduced “Actions” and “Blinks” as pathways allowing users to broadcast cryptocurrency transactions to the SOL blockchain from outside native decentralized apps or dapps. Through Actions, users can settle on-chain swaps or transactions from any platform with a URL. The same can be executed on social networks and from QR Codes. Blinks builds upon a Farcaster feature dubbed Frames to facilitate sharable links for supported Actions. Solana Foundation’s head of ecosystem engineering, Jon Wong, said on Tuesday that Actions and Blinks will enable sending funds directly from a wallet like Phantom, NFT acquisitions on Tensor, voting on Realms proposals, subscribing to Acess Protocol newsletters and content, and crypto swaps on Jupiter exchange to name a few. “We must reach the “first billion” users where they already are—on their favorite apps and websites,” Wong said, referring to solutions for onboarding a billion people to crypto. Other projects, such as Backpack, Cubik, Helius, Helium, Sanctum, and Truffle, also plan to test Solana’s Actions and Blinks as the tools are introduced to end-users. What could go wrong? Since its inception, mass adoption and mainstream integration have been centerpieces of the decentralized thesis. For years, developers have debated and theorized how to propel on-chain utility to larger user bases safely. The conundrum has led several crypto startups to add support for Web2 entities like PayPal and strike partnerships with Visa. However, many have insisted that crypto truly going viral should happen via blockchain products fitted to market demand. Actions and Blinks may offer a gateway to achieving this, but concerns abound due to bad actors and a raft of crypto scammers prowling digital asset corridors. Scam links are going to be even…
What's Your Reaction?
