Solana Saga Is a Fancy Android Phone for Crypto Traders
In a first from a major cryptocurrency company, Solana Labs on Thursday announced it was developing its own brand of smartphone. The Solana Saga is a top-spec, 6.67-inch Android phone that'll launch in Q1 of 2023 for $1,000. Revealed at a keynote in New York, the Saga is designed to make trading cryptocurrencies easier and safer on mobile phones.
Solana is a cryptocurrency that competes with Ethereum, which is the second biggest cryptocurrency on the market. It aims to dethrone Ethereum by being more efficient: It claims to be able to process 50,000 transactions per second, compared to Ethereum's 30-per-second. It's also cheaper to use and more carbon efficient. Its downside thus far has been security: Solana's network has shut down five times this year alone.
The Solana Saga is …
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