{"id":330067,"date":"2024-06-24T20:09:06","date_gmt":"2024-06-24T14:39:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=330067"},"modified":"2024-06-24T20:09:06","modified_gmt":"2024-06-24T14:39:06","slug":"solanas-zk-compression-scaling-solution-ignites-controversy-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/solanas-zk-compression-scaling-solution-ignites-controversy-crypto-news\/","title":{"rendered":"Solana&#8217;s &#8216;ZK Compression\u2019 Scaling Solution Ignites Controversy &#8211; Crypto News"},"content":{"rendered":"<p>Ethereans argue that ZK Compression is little more than a Layer 2.<\/p>\n<div>\n<p>Solana developers are working on zero-knowledge compression, a new scaling technique that promises to significantly reduce on-chain computation costs. However, some in the Ethereum community are calling out its developers for seemingly contradicting Solana\u2019s anti-Layer 2 ethos.<\/p>\n<p>On June 21, Light Protocol, a Solana-based privacy layer,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/LightProtocol\/status\/1804241026334548366\"> announced<\/a> it had teamed up with the Solana development team, Helius Labs, to ship the testnet for their new &#8220;ZK Compression&#8221; scaling solution.<\/p>\n<p>Light Protocol said that ZK Compression enables fee savings or orders of magnitude by using zero-knowledge proofs and calldata \u2014 a coding technique borrowed from Ethereum\u2019s recent<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/cefi\/ethereum-activates-dencun-upgrade-ushering-new-era-for-layer-2-scalability\"> Dencun upgrade<\/a> \u2014 to minimize the amount of data stored on-chain and thus the computation demand placed on Solana through transactions.<\/p>\n<p>\u201cOnly the state roots (fingerprints of all compressed accounts) are stored on-chain,\u201d Light said. \u201cThe protocol uses small zero-knowledge proofs to ensure the validity of state that\u2019s stored as calldata on the Solana ledger.\u201d<\/p>\n<p>Mert Mumtaz, the CEO of Helius Labs,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/0xMert_\/status\/1804244166584516865\"> estimated<\/a> that ZK Compression reduces the cost of airdropping tokens to one million users on Solana from $260,000 to $50. \u201cWe&#8217;re introducing ZK compression to Solana, directly on the L1 \u2014 without requiring L2s,\u201d he added.<\/p>\n<p>\u201cDevelopers and users can opt to compress their on-chain state, reducing state costs by orders of magnitude while preserving the security, performance, and composability of the Solana L1,\u201d ZK Compression\u2019s<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.zkcompression.com\/\"> documentation<\/a> said.<\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/prices\/solana\">price of SOL<\/a> is down 4.77% over the past 24 hours amid a broader market pullback, according to The Defiant\u2019s<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/prices\"> crypto price feeds<\/a>.<\/p>\n<h2>Solana supporters and Ethereans clash<\/h2>\n<p>ZK Compression has garnered support from prominent members of the Solana community.<\/p>\n<p>\u201cCompression on Solana solves one of the key pain points faced by institutions and mass-consumer applications: the cost of on-chain account storage,\u201d tweeted Austin Federa, head of strategy at the Solana Foundation.<\/p>\n<p>\u201cNew technologies allow new entrants to leapfrog competition,\u201d<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/aeyakovenko\/status\/1804257487312592993\"> said<\/a> Anatoly Yakovenko, the co-founder of Solana. \u201cIf you are a Solana dev, jump on building protocols for compressed tokens\u2026 They need marketplaces, mint infra, anchor support, etc.\u201d<\/p>\n<p>However, many prominent voices from the Ethereum community, are accusing ZK Compression\u2019s developer of hypocrisy regarding the Solana community\u2019s anti-Layer 2 ethos, arguing that ZK Compression effectively comprises an L2.<\/p>\n<p>\u201cNo matter how loudly Mert shouts\u2026 compression is an L2,\u201d<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/adamscochran\/status\/1804736068173885650\"> tweeted<\/a> Adam Cochran, vice president of operations at SBT Partners.\u201cOne day the Solana crowd will realize what they\u2019ve built is a good L2 feature\/validity-based rollup and not a monolith chain.\u201d<\/p>\n<p>&#8220;[ZK Compression] is actually an L2,\u201d<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/ryanberckmans\/status\/1804549672641376617\"> chimed in<\/a> Ryan Berckmans, an investor and web3 influencer. \u201cL2s are a winning model.\u201d<\/p>\n<p>Yakovenko replied, acknowledging the similarities and highlighting the differences between ZK Compression\u2019s design and typical Ethereum-based Layer 2s.<\/p>\n<p>\u201cIt\u2019s like an L2 without all the things that people complain about L2s,\u201d Yakovenko said. \u201cIt\u2019s an L2 that doesn\u2019t need a security council multisig, users don\u2019t need to switch chain IDs, doesn\u2019t need a governance token, doesn\u2019t need an external sequencer, Solana validators still get all the transaction fees.\u201d<\/p>\n<p>However, Emmanuel Awosika, of 2077 Collective, a group of Ethereum builders,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/eawosikaa\/status\/1804787615406645378\"> emphasized<\/a> similarities between the architecture of ZK Compression and Facet, an \u201calternative\u201d Ethereum rollup.<\/p>\n<p>\u201cFacet describes itself as an \u2018L1+\u2019, or \u2018based sovereign rollup\u2019,\u201d Awosika said. \u201cThe underlying ideas of using cheap calldata for storage, persisting state off-chain, and using the L1 for sequencing applying to both ZK Compression and Facet\u2026 That many people haven&#8217;t heard of Facet and the similarities with ZK Compression (\u2018not an L1, not exactly an L2\u2019) is an indictment of Ethereum&#8217;s marketing department.\u201d<\/p>\n<p>However, Raoul Pal, the CEO of Real Vision, took a step back and criticized the mud-flinging between Ethereans and Solana supporters.<\/p>\n<p>\u201cRead a lot of midcurve debates on the new Solana ZK Compression,\u201d Pal<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/eawosikaa\/status\/1804787615406645378\"> said<\/a>. \u201cMOAR Scale. MOAR Cheap\u2026 This is a BIG step change for SOL.\u201d<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/blockchains\/solana-proposal-to-divert-100-of-priority-fees-to-validators-passes\"><strong><em>Related: Solana To Ditch Token Burning and Divert 100% Of Priority Fees To Validators<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereans argue that ZK Compression is little more than a Layer 2. Solana developers are working on zero-knowledge compression, a new scaling technique that promises to significantly reduce on-chain computation costs. However, some in the Ethereum community are calling out its developers for seemingly contradicting Solana\u2019s anti-Layer 2 ethos. On June 21, Light Protocol, a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":330072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-330067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/330067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=330067"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/330067\/revisions"}],"predecessor-version":[{"id":330073,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/330067\/revisions\/330073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/330072"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=330067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=330067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=330067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}