🚀 Solana blockchain network has introduced a new feature called ZK Compression, developed in collaboration with Light Protocol and Helius Labs. This solution allows you to reduce the cost of storing data on the blockchain by 99%. 💡

ZK Compression uses zero-knowledge proofs to compress data on the blockchain, allowing developers to store critical data in a more cost-effective Solana space without compromising security or performance.

According to Light Protocol, ZK Compression can reduce the cost of storing 100 compressed token accounts to approximately 0.0004 SOL, instead of the usual 0.2 SOL - that's a 5000x reduction!

🎉 For large-scale operations, such as airdrops for a million users, costs can drop from $260,000 to as little as $50.

We welcome your comments and opinions about this breakthrough in blockchain technology! 💬