👀 Watchlist Winners: Copy Legendary Investors' Portfolios in One ClickSee Undervalued Stocks

Light Protocol and Helius Labs Just Gave Solana Superpowers: Here’s How

Published 06/24/2024, 09:40 PM
Updated 06/24/2024, 10:15 PM
Light Protocol and Helius Labs Just Gave Solana Superpowers: Here’s How
SOL/USD
-

  • Solana integrates ZK compression on L1, achieving a 10,000x scalability boost for onchain state.
  • Developers are empowered to build efficiently on Solana with reduced costs, marking a significant advancement in blockchain technology.
  • The introduction of ZK compression signals Solana’s stride towards becoming a global financial computer, enhancing speed and cost-effectiveness.

Solana is introducing zero-knowledge (ZK) compression directly on its Layer 1 blockchain, aiming to increase scalability by up to 10,000 times and reduce the cost of on-chain operations.

This innovative approach promises scale improvements of up to 10,000 times by compressing the on-chain state, tackling one of the most significant challenges in blockchain development today.

The traditional limitations of on-chain state management…

The post Light Protocol and Helius Labs Just Gave Solana Superpowers: Here’s How appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.