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Light Protocol and Helius Labs have introduced a new feature that aims to allow developers to build applications on Solana (SOL<\/a>) at scale.<\/p>\n Mert Mumtaz, chief executive of Helius, a Solana developer optimization service, says<\/a> the new ZK compression feature will reduce costs directly on the project\u2019s layer-1 without requiring layer-2s.<\/p>\n \u201cTL;DR (too long; did not read) \u2013 we compress on-chain state to get 10,000x scale improvements and get one step closer to building The Financial Computer \u2013 an unstoppable, global, atomic state machine syncing at the speed of light.<\/em><\/p>\n For non-technical folks: developers can now build and scale literally anything they want directly on Solana without needing to leave it.<\/em><\/p>\n Example cost difference: Take an airdrop to 1,000,000 users. This today would cost over $260,000 for state alone. Now, it\u2019s $50 \u2013 5,200x cheaper. But a token account is just one example of this \u2013 *everything* on Solana is an account, meaning everything can be scaled.\u201d<\/em><\/p>\n The Light Protocol says the feature will preserve \u201cthe security, performance, and composability of the Solana L1.\u201d The project notes<\/a> the ZK compression testnet is now live.<\/p>\n SOL is trading at $131.52 at time of writing. The fifth-ranked crypto asset by market cap is up nearly 3% in the past 24 hours but down more than 2.5% in the past seven days.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Light Protocol and Helius Labs have introduced a new feature that aims to allow developers to build applications on Solana (SOL) at scale. Mert Mumtaz, chief executive of Helius, a Solana developer optimization service, says the new ZK compression feature will reduce costs directly on the project\u2019s layer-1 without requiring layer-2s. \u201cTL;DR (too long; did […]<\/p>\n","protected":false},"author":2,"featured_media":331027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-331007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331007","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=331007"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331007\/revisions"}],"predecessor-version":[{"id":331041,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331007\/revisions\/331041"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/331027"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=331007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=331007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=331007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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