Ethereum Rival Solana (SOL) Officially Launches New Crypto-Friendly Mobile Phone “Saga”
The company behind Ethereum (ETH) challenger Solana (SOL) says its Saga flagship phone is now available and will start shipping within the month.
During the Saga Launch Event in San Francisco on Thursday, Solana Labs co-founder Anatoly Yakovenko says the tech firm will begin rolling out the crypto-friendly smartphone to those who pre-ordered on April 20 and will debut public sales on May 8.
“Today is a very big day for us. We have done what no one thought was possible. We built an entire mobile software stack and a flagship phone, all optimized to bring crypto to the mobile age, and now you get to experience what crypto should be like on a mobile device.”
Solana Labs built the Android-based Web 3.0-enabled smartphone with the goal of bringing more people into the cryptosphere. Yakovenko says the device will allow people to store and manage their digital assets themselves.
“Since the founding of Bitcoin, since 2008, it’s been a dream to get a billion people self-storage using crypto, and the self-storage part is very important because that’s really the foundation of crypto – not your keys, not your coins. You have to actually have your private keys, and it’s very challenging to do this, and there’s a lot of skepticism about the whole space. Can we actually ever achieve that? Can we ever get there? I personally can’t imagine living in a world where crypto has a billion users and your phone is not your hardware wallet.
Saga is the first device where crypto is actually treated as a first class citizen on mobile and today without Saga the user experience of Web 3.0 is still, I would say, pretty bad. Self-storage is very complicated. Security is very, very difficult for mobile wallets and for wallets in general, and that means innovation and user experiences in these wallets are very slow.”
The $1,000 device has 512GB of storage, dual rear camera lenses, a 6.67-inch OLED (organic light-emitting diode) display, and a fingerprint scanner. Yakovenko says the phone also uses hardware that allows some software to run separately from the operating system, keeping it highly secure.
“As soon as I started working with crypto, my immediate thought was that the device in my hand, the computer that is the primary device for most people in the world, should actually be the most secure place to store your keys.
I think the way to make the Web 3.0 experience better is via mobile and through a very secure hardware device.”
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