{"id":23420,"date":"2024-06-24T12:00:12","date_gmt":"2024-06-24T09:00:12","guid":{"rendered":"https:\/\/coinengineer.io\/?p=23420"},"modified":"2024-06-24T10:11:27","modified_gmt":"2024-06-24T07:11:27","slug":"zk-compression-a-game-changer-for-solana","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/zk-compression-a-game-changer-for-solana\/","title":{"rendered":"ZK Compression: A Game-Changer for Solana Apps"},"content":{"rendered":"

Using a technology termed “ZK Compression<\/strong>,” Solana-based developers Light Protocol and Helius Labs have introduced a new approach for apps on Solana to scale, the two companies said.<\/p>\n

How ZK Compression Works<\/h2>\n

By means of a method called state compression, ZK Compression<\/strong> enables developers to store some kinds of data utilizing Solana’s cheaper ledger space instead of its more costly account space. Using “sparse state trees,” ZK Compression’s<\/strong> documentation states that off-chain data is saved on-chain for verification under a “hash,” or fingerprint.<\/p>\n

Light Protocol states that ZK Compression<\/strong> will enable developers to store 100 compressed token accounts for roughly 4 hundred-thousandths of one sol, instead of a normal cost of roughly.2 sol, a 5000x discount in price. The manual states that a compressed PDA account can be up to 160 times less expensive.<\/p>\n

The technique guarantees the integrity of the compressed state by using modest zero-knowledge proofs, also known as validity proofs. “Take an airdrop to 1,000,000 users; this today would cost over $260,000 for state only; now, it’s $50\u20145,200x cheaper,”<\/em> Helius Labs founder Mert Mumtaz on X commented.<\/p>\n

This Might Interest You: 50 Cent\u2019s X Hacked, $300M Cryptocurrency Scam Unveiled<\/a><\/em><\/span><\/p>\n

Critics of the new primitive included ZKsync<\/strong> inventor Alex Gluchowski, who wrote on X: “The whole monolithic Solana thesis is gone at once<\/em>.” Outstanding. ZKsync<\/strong> has been silently developing an asynchronously composably ZK<\/strong> future for Ethereum. Great reveal this coming week.<\/p>\n

Calling the release “unethical BS” in an X post, Ethereum investor Ryan Berckmans criticized it for not characterizing the new method as a Layer 2 network. “Their forthcoming offering is really L2. L2s are a winning paradigm,”<\/em> Berckman said.<\/p>\n

Solana fellow Anatoly Yakovenko said, “Sure. Users of this L2 do not need to change chain IDs; a governance token, an external sequencer, and solana validators still earn all the transaction fees; it is an L2 without a security council multisignature. It’s basically an L2 devoid of all the stuff people grip about L2s.”<\/em><\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Using a technology termed “ZK Compression,” Solana-based developers Light Protocol and Helius Labs have introduced a new approach for apps on Solana to scale, the two companies said. How ZK Compression Works By means of a method called state compression, ZK Compression enables developers to store some kinds of data utilizing Solana’s cheaper ledger space<\/p>\n","protected":false},"author":6,"featured_media":23422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[6973,319,6972],"class_list":["post-23420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-light-protocol","tag-solana","tag-zk-compression"],"yoast_head":"\nZK Compression: A Game-Changer for Solana Apps - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/zk-compression-a-game-changer-for-solana\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZK Compression: A Game-Changer for Solana Apps - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Using a technology termed “ZK Compression,” Solana-based developers Light Protocol and Helius Labs have introduced a new approach for apps on Solana to scale, the two companies said. 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