Fun

New Solana feature allows crypto transactions on any website

News Feed - 2024-06-25 10:06:00

Ana Paula Pereira11 hours agoNew Solana feature allows crypto transactions on any websiteSolana Actions and blockchain links will allow users to create and share transactions via a URL on websites, social media platforms and physical QR codes.2635 Total views21 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe Solana Foundation is introducing a new feature that promises to connect its blockchain to any website through a shareable link.


According to an announcement on June 25, the foundation has released Solana Actions and blockchain links or “blinks,” allowing any website that can display a URL to perform a Solana transaction.


The solution will enable a shareable link to display an interface for a Solana transaction. In other words, imagine sharing a link on X and allowing users to perform a crypto transaction without leaving X’s webpage. The new feature could be used for crowdfunding, online purchases and onchain voting.Source: Solana Foundation


“From your X feed you can buy a NFT, tip a creator, receive money, vote, stake, swap and so much more,” said Dialect’s founder, Chris Osborn. Dialect is behind the developer tooling that powers Actions, such as forkable, self-hosted interstitial signing sites and software development kits, a spokesperson from the Solana Foundation told Cointelegraph.


Websites, social media platforms and physical QR codes can be used to share a blink. Jon Wong, head of ecosystem engineering at the Solana Foundation, explained that actions and blinks on Solana allow any website or application to be a distribution point for onchain interactions.Whitelisted DApps


Solana Foundation’s safety roadmap for the new feature will give users the option to enable wallet support for Actions and blinks. “Actions and blinks are similar to ‘connecting’ your wallet to DApps [decentralized applications] - trust the sites you know and use, just as you trust the DApps you know and use,” said a spokesperson.


According to the foundation, when a wallet first tries to pull a transaction from an unfamiliar application programming interface or API, users should see a standard “connect to site” prompt.


“If the site domain has been connected to the wallet in the past, the site domain is more likely to be trustworthy. As with DApps, Action transactions are always simulated prior to execution,” the team explained.


To enhance security, the launch runs with whitelisted domains from Solana’s partners, including Jupiter, Helium, Truffle, Phantom and Backpack.Source: Solana FoundationSolana rises in 2024


The Solana blockchain has seen a surge in activity over the past few months. Thanks to its lower fees, it has emerged as a destination for memecoins and decentralized infrastructure protocols.


In a recent report, venture firm Pantera Capital noted that Solana recorded over 60% of the new volume in decentralized exchanges in May. “By May 2024, Solana accounted for 85% of all new tokens appearing on DEXs, up from 50% a year ago. This rise in Solana-based tokens reflects its strength in retail usage, driven by memecoin activity,” reads the analysis.


Magazine:Longevity expert: AI will help us become ‘biologically immortal’ from 2030# Blockchain# Business# DApps# SolanaAdd reaction

News Feed

Chainlink debuts new protocol aimed at boosting cross-chain interoperability
Zoltan Vardai8 hours agoChainlink debuts new protocol aimed at boosting cross-chain interoperabilityThe Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchai
Venezuela’s Maduro Wants to Offer Crypto-Based Loans to Agricultural Producers
Venezuela"s Maduro Wants to Offer Crypto-Based Loans to Agricultural Producers Nicolas Maduro, president of Venezuela, stated the country could offer cryptocurre
PORTX Token Goes Live on CEXs and DEXs
PORTX Token Goes Live on CEXs and DEXs press release PRESS RELEASE.The team at ChainPort is incredibly excited to update the public about PORTX’s Token Generation Event (TGE)
Lido Finance hits 1 million validators, fueling the growth of DeFi
Zoltan Vardai40 seconds agoLido Finance hits 1 million validators, fueling the growth of DeFiLido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi
Dogecoin Price To $20? Higher Montly Close Suggests 8,000% Run Is Possible
Este artículo también está disponible en español. The Dogecoin price is starting to reverse some of its gains it made last week. At the time of writing, the Dogecoin pric
Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B
Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B,The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost
Dogecoin Gaussian Channel Turns Green On The 4-Hour Chart, Why A New ATH Above $1 Is Imminent
Este artículo también está disponible en español. Back in December 2024, the Dogecoin price entered the Gaussian Channel following a sharp decline in price as Bitcoin suf
Amaka Nwaokocha11 hours agoCosmos Hub greenlights ATOM inflation cut for security boostThe proposal narrowly passed, with 41.1% of votes for and 38.5% of votes against.3729 Total views7 Total sharesListen to article 0:00
Tom Mitchelhill3 hours agoBitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run — Concordium founderExperts remain divided on when the next bull market is set to kick off, but they all agree on one thing: Th
DCA – The ‘Boring,’ Sensible Bitcoin Investment That Could Double Your Money in 2.5 Years
DCA - The "Boring," Sensible Bitcoin Investment That Could Double Your Money in 2.5 Years Dollar Cost Averaging (DCA) as a crypto investment method may not be the most thrilling
Martin Young4 hours agoWinRAR patches zero-day bug that targeted stock and crypto tradersAccording to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one co
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and th