Messari Profile picture
Jul 1 6 tweets 4 min read
1/ @solana Labs recently unveiled the “@solanamobile Stack” (SMS).

It's a combination of a Web3-native Software Development Kit (SDK) built on top of @Google's @Android OS and a new smartphone dubbed the “Solana Saga”.

Let’s explore SMS in this report from @kelxyz_.🧵 Image
2/ We analyzed the potential implications of the @solanamobile on:

+Adoption of Solana by developers
+Adoption of Solana by users
+Adoption of other decentralized networks
3/ 68% of global web traffic flows through mobile devices.

If the @solanamobile becomes the default mobile infrastructure for Web3, the first generation of unicorn-level, mobile-first on-chain apps will likely be built on @solana, and increased development would likely follow. Image
4/ The Solana Saga isn’t competitive with other Android devices for $1,000, but the SMS SDK can compete on user experience.

Initial UX improvements include native, secure private key storage, native support for Solana Pay, the decentralized app store, and more. Image
5/ If @solana's phone gains adoption, it will likely push forward the adoption of other decentralized protocols alongside it.

All that’s left is for the Saga to gain adoption and for these adjacent networks to capitalize on the opportunities Saga’s success could bring.
6/ If successful, the SMS will provide massive tailwinds for Solana’s adoption at the user and developer levels.

For more, explore the full Pro report on @solanamobile stack from @kelxyz_.

messari.io/article/analys…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Messari

Messari Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @MessariCrypto

Jul 1
1/ First up: Fredrik Haga, the Co-Founder and CEO of @DuneAnalytics

Let's start with the fact that Fredrik and 16 employees built Dune into a billion dollar business in just 3 years.🤯
dune.com/blog/started-f… Image
2/ You can also listen to Fredrik speak w/ @JoePompliano about the journey here 👇


We 🧡the orange GM hat!
3/ Dune Analytics blog is also a must-read!

One of our faves is "Working in Crypto Is More Fun."

It contends that interesting work is 1 ambitious 2 fun 3 fast-paced and then lays out the argument for why crypto is all of those things.
dune.com/blog/work-in-c… Image
Read 6 tweets
Jun 29
1/ The most common design approach for bridging chains involves the use of dedicated chains as bridges.

Instead of implementing a 1-1 bridge for every connection, @routerprotocol generalizes the process of plugging in new chains.

Let’s explore @routerprotocol in this report. 🧵 Image
2/ @routerprotocol is an extensible cross-chain bridge built as a mesh network of nine EVM-based chains connected via a series of nodes.

Router is currently in a limited production version. In this version, the team controls three nodes securing the system. Image
3/ @routerprotocol can be categorized as a generalized bridge, unlike other bridge types which mainly consist of:

+Asset-specific
+Chain-specific
+Application-specific

Router is called “generalized” because it can perform all three functions on one protocol.
Read 6 tweets
Jun 29
Notes from @twobitidiot’s appearance on @BloombergTV. 📝

@business @marketsbloomberg
“What catalyst will bring money back into crypto?”

-Optimism on contagion risk, effects of liquidations are already priced in.
-General economic upturn, increase in GDP, recession measures, etc.
“Regulatory Fallout?”

-Lenders, centralized exchanges, and major centralized counter-parties put customer funds at risk
-Crypto should emerge intact over medium and long term

**note** monitorable entities (on chain lending, decentralized protocols) held up relatively well
Read 6 tweets
Jun 29
.@twobitidiot will be LIVE on @BloombergTV TV in less than 10 minutes!

He will be covering:
+3AC
+SpotETF
+Grayscale
+Genesis
+SEC
+DCG

Watch the interview on @BloombergTV through the link below ⬇️

@business @markets
.@twobitidiot will be publishing a Pro piece on the topics above which can be found through our research tab below 👇

messari.io/research
Read 4 tweets
Jun 29
1/ When compared to other L1s, there is one key differentiating factor that is undeniably a major driving force in @solana's ascension as a go-to chain for NFT creators and developers: The @metaplex Protocol.

Let’s explore @metaplex in this report from @NardisNarrative.🧵
2/ @metaplex consists of four smart contracts that make up the “contract ecosystem".

These smart contracts interact with one another and represent on-chain primitives that are used to carry out the various protocol features and functions.
3/ @solana devs recognized that the @metaplex NFT spec could deliver a more streamlined experience for users and creators over what was available on @ethereum.

Since the launch, nearly every NFT minted on Solana has been an NFT powered by Metaplex.
Read 8 tweets
Jun 29
1/ Launching and collecting NFTs on @tezos is cheap and energy-efficient, which has attracted creators and projects alike.

Let’s explore @tezos in this report from @eshita. 🧵
2/ @tezos (XTZ) is an L1 smart contract platform that was built modularly from inception.

It is a Liquid Proof-of-Stake (LPoS) network, which means that validators can delegate their voting rights without transferring their tokens.
3/ When tokenholders vote to pass a protocol upgrade proposal, instead of a hard fork, the network automatically upgrades itself based on the parameters passed.

These features have allowed @tezos to become an efficient and scalable network.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(