Solana (SOL) Makes an Announcement About a New Altcoin – The Last One Made a Big Splash

Solana Mobile, a subsidiary of Solana Labs, has introduced its decentralized architecture TEEPIN and its token SKR, which it claims will power the ecosystem. The company also announced that its second cryptocurrency-focused smartphone, the Seeker, will start shipping on August 4. Developed to decentralize and extend the Web3 mobile ecosystem to a wider network of hardware manufacturers, TEEPIN (Trusted Execution Environment Platform Infrastructure Network) is based on a three-layer architecture that will provide secure and trustless mobile access for developers, users and manufacturers. Related News: BREAKING: Bitcoin Hits All-Time High Price Record – Celebration in the Air Solana Labs co-founder and CEO Anatoly Yakovenko said that TEEPIN represents a new phase in mobile technology: “TEEPIN provides a framework where trust is not granted by a central authority but verified by cryptography. By leveraging the secure hardware in existing smartphones and on-chain governance, we are opening the door to open innovation, platform ownership, and a decentralized mobile future.” The newly introduced SKR token will serve functions such as economic incentives, ownership, and governance within the Solana Mobile ecosystem. According to the team, SKR will be distributed directly to developers and users. The phones previously released by Solana developers became extremely popular due to the airdrop rewards they were entitled to. However, it is questionable whether a different course will be followed this time because everyone is aware of this situation. *This is not investment advice. Continue Reading: Solana (SOL) Makes an Announcement About a New Altcoin – The Last One Made a Big Splash

Source: BitcoinSistemi