tl;dr
The Solana blockchain has introduced new features called Actions and Blinks, developed in partnership with Dialect, to enable on-chain transactions directly from websites and social platforms. This innovation aims to make meme coins and other blockchain trends more accessible. Solana's technology, s...
The Solana blockchain has introduced new features called Actions and Blinks, developed in partnership with Dialect, to enable on-chain transactions directly from websites and social platforms. This innovation aims to make meme coins and other blockchain trends more accessible. Solana's technology, supported by popular wallets like Phantom and Backpack, seeks to simplify blockchain interactions and integrate them into everyday internet applications. The move reflects a broader trend in the industry towards enhancing blockchain accessibility, particularly within social media platforms. The Solana blockchain has been the epicenter of crypto's latest "meme coin" frenzy, and a new set of features for the chain – so-called Actions and Blinks – could help make meme coins and other buzzy blockchain trends accessible to a wider audience. Developed by the Solana Foundation in partnership with the Solana development shop Dialect, Blinks and Actions allow people to transact on blockchains directly from within the websites and social platforms they use every day. "Meme coin traders buy and sell digital assets fashioned after everything from old-school internet memes to political figures. Solana has been the biggest hub for meme coins lately, serving as the home for such assets as Australian rapper Iggy Azalea's viral Mother token ($MOTHER), which sits at a $70 million market cap less than a month out from its June launch, and dogwifhat ($WIF), the breakout star of the 2024 meme coin craze, which boasts a market cap above $2 billion." Accessibility has long been blockchain's Achilles heel, and the new Solana features follow similar moves from other ecosystems. Blinks and actions share a close resemblance, for instance, to Farcaster – the X-like social platform on Coinbase's Base blockchain. Farcaster users can easily embed direct links to blockchain assets in their posts, and specialized Fascaster clients like Kiosk – an up-and-coming utility from the creators of Web3 publishing platform Mirror – make blink-like calls-to-action a core selling point. Solana's tech differs in that it plugs blockchain functionality into existing Web2 social apps rather than new, standalone Web3 apps. "This makes so much sense in a social media feed," Osborn told CoinDesk, but the Dialect founder hopes Actions could eventually disrupt how the web works at its very core. "Delivering these actions into feeds like X, Reddit, maybe Discord soon – these other platforms where people want to have these Actions experiences – is just the beginning," said Osborn. "What I'm really excited about is, what's the non-skeuomorphic true 'Web3' internet equivalent of this? We don't know what that is, but I think this idea of actions is what's at the core."
More about IRSA Inversiones Y Representaciones
Stock: IRSA Inversiones Y Representaciones
Sector: Real Estate & Construction
Industry: Land Subdividers & Developers (No Cemeteries)
Market Cap: 101.94 billion
Dividend Yield: 8.7
Price/Earnings: 88.47
Price/Book: -2.35
EPS: 1607.04
ROE: -1.37%
Volume: 119,723,999,000
Beta: 0.45
Volatility: -0.067