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ZK Compression on Solana: The Game-Changer That is Igniting the Crypto Sphere

Mon 24 Jun 2024 ▪ 3 min of reading ▪ by Fenelon L.
Getting informed Altcoins

Solana takes a new step in blockchain innovation by launching Zero-Knowledge (ZK) Compression. This feature promises to drastically reduce costs and improve scalability for developers, marking a major turning point in the crypto ecosystem.

Solana lance Compression zk

A major breakthrough for the Solana ecosystem

On June 21, Light Protocol and Helius Labs unveiled the ZK compression on Solana. Indeed, this technology allows compressing the on-chain state of tokens and accounts, significantly reducing storage costs while maintaining the integrity and performance of the network.

Mert Mumtaz, CEO of Helius, highlights the magnitude of this innovation: “We are achieving 10,000x scale improvements by compressing the chain state.” This advancement brings Solana closer to its goal of a rapidly synchronized global state machine.

Furthermore, Austin Federa, Head of Strategy at Solana, emphasizes the impact on adoption: “This compression solves a major obstacle for institutions and mainstream dApps.” By reducing deployment and management costs of smart contracts, ZK Compression thus paves the way for broader adoption of the Solana ecosystem.

A lively technical debate

The introduction of ZK Compression has triggered a debate among blockchain experts. Some, like Adam Cochran, see similarities with Layer 2 (L2) solutions: “Solana has effectively built an efficient L2.

Anatoly Yakovenko, co-founder of Solana, nuances this comparison: “It is a solution akin to an L2, but without the usual drawbacks like bridges or external sequencers. It thus allows Solana validators to capture all transaction fees.”

This innovation is part of Solana’s continuous improvement strategy of its infrastructure. It follows the recent success of memecoins on the blockchain and the launch of the Saga smartphone, which have contributed to the ecosystem’s growth.

In short, Solana’s ZK Compression marks a crucial step in the evolution of next-generation blockchains. By optimizing costs and scalability, this technology could accelerate the mass adoption of dApps and position Solana as a leader in blockchain efficiency.

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Fenelon L. avatar
Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.


The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.