State compression – Solana


The developers of the Solana project presented state compression technology, which allows to reduce commissions for online transactions significantly.

This solution uses structures that help efficiently verify the content of large amounts of data without compromising security and decentralization.

State compression can be used to reduce costs when issuing non-fungible tokens.  For example, to create 100 million “compressed” NFTs would require only 50 SOL (about $1000).

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