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Solana co-founder wants to bring crypto payments like ApplePay

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Solana co-founder wants to bring crypto payments like ApplePay 4

The co-founder of the Solana blockchain project shared his excitement about Solana’s mobile Saga.

Saga is a mobile company, a subsidiary of Solana Labs. On 23 June, Solana Labs announced the launch of the Saga project. Under this mobile subsidiary company, Solana Labs will distribute flagship mobile to crypto investors or users. The core functionality of Saga mobile will support Solana blockchain and Web3 features. Right now people can join the waitlist to buy the Saga mobile.

Recently during a “Bankless” podcast, Anatoly Yakovenko, the co-founder of Solana Labs, said that Saga mobile aimed to bring knowledge among the crypto users to handle their funds through non-custodial methods. 

Solana co-founder explained:

“The goal for this product is to build an awesome experience for signing for self custody for those integrations between native applications and digital items, NFTs (non-fungible tokens), and all that stuff you want to do with Web 3.0,”

Further Solana co-founder said that he usually uses ApplePay to transfer funds, where every time we don’t require to add details of Credit cards. Yakovenko wants to make the crypto payments more likely to the ApplePay payment system, which never sucks. 

“I don’t (have) to enter another credit card ever again. I’m like ‘this doesn’t suck,’ (and) I want the same experience for crypto.“

Solana facing criticism over its less decentralized nature

Solana is the biggest Proof-of-stake blockchain, which provides highly scalable based crypto transactions via the use of the Proof-of-history protocol.  

It happened many times when the Solana blockchain faced criticism because of the less decentralized nature of the Solana blockchain Network with Proof-of-history protocol. 

In the past 6-7 months, Solana blockchain Network faced more than 6 times outages because of the explosion of huge numbers of crypto transactions in its network.

Once in the past, Solana co-founder stated that they are working to provide high scale & high efficient transactions and they are not focusing on enhancement of decentralization of the network. For that statement, Solana co-founder faced huge criticism.

Read also: Central African Republic (CAR) will hold Bitcoin as a reserved asset

Solana co-founder wants to bring crypto payments like ApplePay

 

https://bitcoinik.com/solana-co-founder-wants-to-bring-crypto-payments-like-applepay/feed/

https://bitcoinik.com/solana-co-founder-wants-to-bring-crypto-payments-like-applepay/feed/

 

 

 

 

 

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