In a groundbreaking development, Austin Federa, Head of Strategy at Solana, has shared insights on a revolutionary feature called ZK Compression. This cutting-edge advancement has the potential to slash the on-chain storage cost by more than 99%, marking a major milestone for blockchain technology. With this breakthrough, Solana aims to overcome a critical hurdle faced by institutions and mass-consumer applications, making on-chain account storage significantly more affordable and accessible.
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Solana Exec Explains How ZK Compression Cuts On-chain Storage Cost By Over 99%
