Solana Introduces ZK Compression on L1, Achieving 10,000x Scalability Boost
2025-07-03 17:50:18
Description
Solana is implementing zero-knowledge (ZK) compression on its Layer 1 blockchain to massively improve scalability. This advancement reduces the cost of on-chain operations, enabling developers to build efficiently on the platform. Solana’s move towards ZK compression is a significant step towards its vision of becoming a global financial computer, enhancing both speed and cost-effectiveness. Solana’s
$SOL
$151.70
--1.04%
Latest News
- BINANCE: Binance Successfully Integrates USDC (USDC) on Sonic Network and Commences Deposits – April 29, 20252025-07-04 03:41:36
- Bitcoin Surges Past $95,000: Strategy’s Unrealized Gains Hit $14.8 Billion2025-07-04 03:41:34
- Tako Launches Anontako: A Web3 Social Network for Anonymous BNB Users to Share Freely2025-07-04 03:41:33
- Phoenix Group Expands Bitcoin Mining Capacity in Ethiopia to 132 Megawatts, Emphasizing Sustainable Energy Solutions2025-07-04 03:41:31
- US Bitcoin Mining Dominance Suggests Potential Growth Amid Tariff Challenges and Energy Autonomy Initiatives2025-07-04 03:41:27