Ethereum creator seemingly donated $517k to mobile project ethOS

As a seasoned crypto investor with over a decade of experience, I’ve witnessed the evolution of blockchain technology and its potential to revolutionize various industries. The recent developments in the Ethereum and Solana ecosystems have caught my attention, specifically the emerging mobile operating systems – ethOS and Solana Saga.


It is very likely that Vitalik Buterin has given financial assistance to ethOS, which claims to be the world’s initial Ethereum mobile operating system.

Based on Arkham’s data, Vitalik Buterin, co-founder of Ethereum (ETH), moved approximately 199.9 ETH, worth more than half a million dollars, to a Gnosis Safe multi-signature wallet. The general assumption is that this transfer was a donation towards the Ethereum phone project known as ethOS.

Launched anonymously by creators at Freedom Factory, this open-source project made its debut on certain Android devices towards the end of 2022, with a re-release happening the next year.

ethOS serves as a mobile operating system tailored for Ethereum, empowering users to compose blockchain code and launch ETH-centric decentralized applications. Established in 2021, the team behind it intends to roll out supplementary hardware products either this year or the next, as stated on their official ethOS website.

Is ethOS Ethereum’s answer to Solana Saga?

As a seasoned analyst reflecting on the past fifteen years, I find myself captivated by the evolving landscape of the blockchain industry, particularly in light of Bitcoin‘s (BTC) groundbreaking debut. Today, our primary objective within this sphere is to facilitate mass adoption, a goal we aim to achieve by making Web3 more accessible and integrating real-world utility.

Adopting blockchain norms onto portable devices such as smartphones has frequently proven difficult, however, advancements over the past few years seem to indicate that we’re making headway.

In June of 2022, Solana Labs, the company responsible for Solana (SOL), unveiled the Saga mobile device. This device operates on the Android operating system and comes pre-installed with Solana applications such as Phantom Wallet.

At first, slow sales made people question the success of Saga, while it took Solana close to a year to sell 20,000 units. However, the launch of Saga 2.0 significantly outperformed its predecessor, recording pre-orders for 100,000 units within just one month.

As a crypto investor, I find that at the moment, Saga seems to be leading the pack compared to ethOS. Interestingly, these two projects have taken distinct paths when it comes to combining blockchain and mobile tech. The Ethereum and Solana blockchains have experienced remarkable expansion over the past year. If both ethOS and Saga continue their development trajectory, they could potentially emerge as formidable competitors in the rapidly growing blockchain mobile market.

Read More

Sorry. No data so far.

2024-08-27 22:22