2024

Solana

Bitcoin

when

<h4><strong>This new feature is like hitting the jackpot for developers who work with Solana.</strong></h4> 
<p>So, what’s ZK Compression all about? Imagine you have a really big pile of sand. If you can compress or shrink that pile without losing any sand, it becomes much easier to carry around. ZK Compression works similarly, but instead of sand, it deals with data.</p> 
<h5><strong>ZK Compression Boosts Solana with 1000x Cost Savings</strong></h5> 
<p>Here’s the scoop: ZK Compression helps <a href="https://www.altcoinbuzz.io/?s=solana" target="_blank" rel="noopener">Solana</a> developers save a whopping 1000 times on costs. That’s like getting a thousand-dollar discount when you only had to pay one dollar. This cost-saving comes from making it cheaper to store and manage data on the Solana blockchain.</p> 
<p>But that’s not all. ZK Compression also helps with a problem called “state growth.” Think of it as your room getting messier and messier as you keep adding more stuff. The bigger the mess, the harder it is to find what you need. Solana’s state growth problem was similar, with the blockchain getting larger and harder to manage. ZK Compression helps keep things neat, making it easier to handle the growing amount of data.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">ZK compression is live on Solana mainnet</p> 
 <p>1000x cost savings for Solana developers<a href="https://t.co/ryVejjXIhq">pic.twitter.com/ryVejjXIhq</a></p> 
 <p>— Solana (@solana) <a href="https://twitter.com/solana/status/1836403349047984486?ref_src=twsrc%5Etfw">September 18, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Another exciting thing about ZK Compression is that it lays the groundwork for something called <a href="https://zerocomputing.xyz/" target="_blank" rel="noopener">ZK compute</a>. Imagine building a strong foundation for a house. Without a solid foundation, the house won’t stand tall for long. ZK compute is like that foundation, providing a base for future advancements and making Solana even more powerful and efficient.</p> 
<p>In short, ZK Compression is a big win for Solana. It’s like finding a treasure chest full of savings and a magic wand to keep things organized. Developers can now work more efficiently, and the platform is better equipped for future growth. With this new feature, Solana is making sure it stays ahead of the game, proving that it’s not just another face in the crowd but a real contender in the world of cryptocurrencies.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/zk-compression-now-live-on-solana-mainnet-beta/">ZK Compression Now Live on Solana Mainnet-Beta</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

ZK Compression Now Live on Solana Mainnet-Beta

Altcoin Buzz

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