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Home»Security»Ultimate Guide (2024)
Security

Ultimate Guide (2024)

August 11, 2024No Comments6 Mins Read
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Solana is a blockchain network that is widely adopted in various domains such as finance, transactions, gaming, etc. Solana is a scalable blockchain that is optimized according to user preferences. Hence, developers can develop their blockchain applications to achieve product-market fit. Unlike blockchains with slow response times and high costs, Solana is a low-cost platform with a confirmation time of 400 ms and high throughput that enables user-friendly applications.

In this blog we will explore Solana’s Actions and BlinksSolana features that further improve the user experience of decentralized applications (dApps) and services on the network.

What are Solana’s actions?

Solana Actions act as APIs (Application Programming Interfaces) that allow developers to define how to create Solana transactions on the blockchain. They allow transactions to be passed from the application directly to the user. These actions can integrate different features of the Solana ecosystem into applications. Transactions in Solana work in two ways:

  • GET request: The client sends a GET request to the action URL to get information about the available actions, such as the program name, icon, and actions. This helps create a user interface for the actions.
  • POST request: Once the user selects an action, the client sends a POST request to the action URL to get a transaction or message to sign. The user’s wallet signs it and sends the transaction to the blockchain.

Key points of Solana’s actions:

Predefined operations

Actions are predefined instructions or programs that are executed on the Solana blockchain, such as transferring tokens, interacting with smart contracts, or staking.

Rich in metadata

Each action contains metadata that describes what it does, making it easier for users and applications to understand and interact with it.

Integration with Blinks

Shares have built-in blinks (blockchain links) that allow Solana shares to be shared across different platforms and easily accessible.

Customer Support

Actions require supporting client applications, such as browser extension wallets or bots, to facilitate user interaction with the blockchain. These clients help users sign transactions and ensure the secure execution of actions.

Interaction on the Web and Social Media

Solana Actions can be integrated with social networks and web platforms, allowing users to access the platforms directly from these interfaces without navigating to separate dApps.

How do Solana stocks work?

The client initiates the GET request to retrieve metadata about the actions available on the URL, and the UI is displayed for the user to choose the desired action. The user selects an action and the client sends a POST request to get the transaction.

The action URL generates and transmits a user-selected encrypted transaction. The user’s wallet signs the transaction and it is finally sent to the blockchain network.

Benefits of Solana Stocks

Here are the benefits of Solana shares:

Fast processing

Solana has a smooth and efficient path to execute actions and thus performs faster processing in a large-scale network, ensuring minimal wait times for users.

Minimal delays

Solana’s architecture minimizes delays, ensuring transactions are confirmed and finalized quickly. This low-latency environment improves the user experience by providing real-time interactions and immediate feedback.

Great flexibility

Solana offers a versatile framework that can be used for a wide range of applications and use cases. With this flexibility, developers can create custom solutions tailored to specific needs, making it easier to integrate and deploy various blockchain-based features.

Solana blinks

Solana shares are converted into metadata-rich links called Blockchain Links or Blinks. They make shares shareable, allowing clients to expose more features to users. Website blinks can instantly display transaction previews in wallets without any redirects to decentralized applications (dApps).

Solana Blinks are integrated with wallets like Phantom, Backpack, and Solflare, allowing websites and social media platforms to initiate Solana transactions directly. Therefore, like HTTP URLs, any website can execute Solana transactions using Blinks.

Key points about Solana’s Blinks:

Smooth user experience

By allowing users to flexibly access actions from social media platforms without having to navigate to decentralized applications, Blinks provides users with a seamless and hassle-free experience.

Extending features

On platforms like Discord, bots can extend Blinks into interactive buttons, giving users more functionality and easier access to blockchain interactions.

Web 2 and Web 3 integration

Blinks bridge the gap between Web 2 and Web 3 applications, making it easier to integrate chained interactions into existing web interfaces.

How do blinks detect actions?

Blinks detect actions via the Solana Action URL scheme. Here’s how it works:

Actions URL Scheme

The URL follows a specific format:

solana action:

Here, is the URL of the action API which contains the necessary information about the action.

URL Analysis

When a Blink is clicked or viewed, the supporting wallet or client application analyzes the URL to identify the Solana action pattern.

Decode the action

The client application decodes the URL-encoded action API link to extract the necessary metadata and details about the action.

Execution of the action

Once the action details are obtained, the client application can display the relevant information to the user and initiate the appropriate transaction or blockchain interaction. This may involve displaying a preview of the transaction, requesting user approval, and submitting the signed transaction to the Solana blockchain.

Conclusion:

Thus, Solana Actions and Blinks are revolutionizing the way people interact with the blockchain network, making it easier to integrate Solana transactions onto the blockchain. Additionally, like Web Links, the Action API is accessible from any third-party platform, contributing to Solana’s wide adoption and scalability.

Looking to develop innovative and effective Blockchain solutions? Stop your search here! Blocktech Brew, a leading Blockchain developer, has everything you need to make your vision a reality.

Contact us at company@blocktechbrew.comand let us introduce you to a new world of blockchain possibilities.

Blocktech Brew | Solana Stocks and Flashes: Ultimate Guide 2024

I am the CEO and Founder of Blocktech Brew, a team of blockchain and Web 3.0 experts who help businesses adopt, implement and integrate blockchain solutions to achieve business excellence. Having successfully delivered 1000+ projects to clients in 150+ countries, our team is dedicated to designing and developing intelligent solutions to accelerate your business growth. We focus on harnessing the power of Web 3.0 technologies to offer world-class blockchain, NFT, Metaverse, Defi and Crypto development services to businesses to help them achieve their goals.



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