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Solanas Crucial Upgrade As It Adopts ZK Compression

Solanas Crucial Upgrade As It Adopts ZK Compression

The post Solanas Crucial Upgrade As It Adopts ZK Compression appeared first on Coinpedia Fintech News

Solana blockchain welcomes a crucial upgrade for its scaling and performance metrics as it adopts ZK Compression. The CEO of Helius, a Solana infrastructure application expects the advancement to bring 10,000x scale improvements to Solanas L1 design. In terms of cost-efficiency, ZK Compression results in over 5,200x cheaper transactions. Technically, the upgrade compresses the size of Solanas blockchain state. The activation of the compression mechanism will radically reduce hardware costs and overall blockchain performance. The Solana founder Anatoly Yakavenko expects ZK Compression to reshape the fabric of society.

Read more: https://coinpedia.org/crypto-live-news/solanas-crucial-upgrade-as-it-adopts-zk-compression/

Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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