Solana Revamps Internet Crypto Transactions with ‘Actions’ and ‘Blinks’
By Hassan Shittu
Updated:
June 25, 2024 15:13 EDT
|
2 min read
The Solana Foundation has unveiled innovative tools on June 25 to seamlessly incorporate crypto transactions into everyday online activities. These tools, known as “Actions” and “Blinks,” aim to streamline and enhance the accessibility of blockchain interactions by allowing users to execute on-chain transactions across various digital platforms, including websites and social media channels.
Are ‘Actions’ and ‘Blinks’ a Game-Changer for Crypto Transactions?
“Actions” will enable users to carry out on-chain transactions directly on websites, social media platforms, and through QR codes. On the other hand, “Blinks” will transform Actions into shareable links.
Jon Wong, head of ecosystem engineering at the Solana Foundation, highlighted the significance of these tools: “Access to blockchain protocols has long been restricted to dapps and other wallet-aware tools. Actions and blinks on Solana allow any website and application on the internet to be a distribution point for on-chain interactions, furthering the goal of mainstream adoption.”
Actions will integrate Solana’s blockchain functionalities directly into websites and apps through APIs that return Solana transactions. As outlined in the announcement, users will be able to sign and send these transactions using the native app and mobile buttons, scannable QR codes, and shareable blinks.
Blinks can be embedded anywhere a URL can be shared, such as social media feeds, emails, and chatrooms, effectively serving as gateways for on-chain transactions.
For instance, users could receive a payment request via text message or purchase an NFT directly from a social media post, simplifying the process and making blockchain interactions more mainstream and accessible.
Early Adopters and Industry Impact
Solana revealed that several teams, including Cubik, Sanctum, Tensor, Realms, Access, Jupiter, Helium, Truffle, and Helius, are poised to test and implement these new tools. Furthermore, key platforms and wallets have already begun integrating Solana’s new tools, including Backpack and Phantom.
“Actions and blinks deliver on one of the internet’s original promises: they make experiences portable, shareable, and actionable on any surface,” noted Christ Osborn, founder and CEO of Dialect Labs. “From your X feed, you can buy an NFT, tip a creator, receive money, vote, stake, swap, and so much more.”
Solana is known for its lower transaction costs compared to other major blockchains like Bitcoin and Ethereum. In May, Solana achieved an all-time high of 41.7 million active addresses and led with over $91 million in daily transactions. This surge in activity is partly attributed to the emergence of meme coins, which previously caused network congestion but has since stabilized.
The introduction of Actions and Blinks signifies a significant stride in integrating blockchain technology into mainstream internet use. It has the potential to revolutionize how users engage with crypto assets.
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Solana Introduces Actions and Blinks to Facilitate Crypto Transactions on Websites and Apps
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