Not all blockchain experts, however, are thrilled by the announcement.

“It needs better software which can run securely on the phones we all already own!”

“Everything is going mobile,” notedSam Bankman-Fried, CEO of crypto exchangeFTXduring the launch event.

Exchanging digitally generated coins via smart phones

PM Images / Getty Images

Solana

However, just like Bons,Lumi, an independent blockchain researcher, isn’t impressed.

The Wrong Tree

Bons and Lumi also questioned Solana’s security track record.

“Security is exactly what Solana ismost famously criticized for,” claimed Lumi.

Solana Saga promo image

Solana

In addition to the security issues, Lumi also pointed out faults in the Solana ecosystem.

Web3 or blockchain enabled smartphones have been around since at least 2019 and they’ve all been failures.

“It’s not the new, boundary-pushing, really latest-gen anything.”

It will be designed and manufactured by OSOM.

“Go ahead and buy it,“tweeted Bonssarcastically.

“Just do not expect it to make any difference.”