Solana

<p>The post <a href="https://coinpedia.org/crypto-live-news/solanas-crucial-upgrade-as-it-adopts-zk-compression/" rel="noopener noreferrer nofollow">Solana’s Crucial Upgrade As It Adopts ZK Compression</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Solana blockchain welcomes a crucial upgrade for its scaling and performance metrics as it adopts ZK Compression. The CEO of Helius, a Solana infrastructure application expects the advancement to bring ‘10,000x scale improvements’ to Solana’s L1 design. In terms of cost-efficiency, ZK Compression results in over 5,200x cheaper transactions. Technically, the upgrade compresses the size of Solana’s blockchain state. The activation of the compression mechanism will radically reduce hardware costs and overall blockchain performance. The Solana founder Anatoly Yakavenko expects ZK Compression to ‘reshape the fabric of society’.</p>

Solana’s Crucial Upgrade As It Adopts ZK Compression

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Andre artikler publisert på 22. juni 2024

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