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CoinGape 2024-06-22 12:57:11

Solana Exec Explains How ZK Compression Cuts On-chain Storage Cost By Over 99%

Solana Exec Explains How ZK Compression Cuts On-chain Storage Cost By Over 99%

In a significant breakthrough for blockchain technology, Head of Strategy at Solana, Austin Federa, weighed in on a new feature called ZK Compression. This innovative development promises to drastically reduce the cost of on-chain account storage. Hence, it addresses one of the key challenges faced by institutions and mass-consumer applications. Solana Dev Spotlights Cost Advantages The post Solana Exec Explains How ZK Compression Cuts On-chain Storage Cost By Over 99% appeared first on CoinGape .

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