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Helius CEO announced the introduction of ZK compression technology into Solana, expecting a significant increase in network scalability and cost reduction.

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Jun 22, 2024

Helius CEO Mert Mumtaz announced that they are introducing $ZK compression technology to the Solana network, which will be directly applied to the L1 layer without the need for L2. The introduction of this technology is expected to significantly enhance the network's scalability, allowing developers to build and scale without leaving the chain. Additionally, $ZK compression will greatly reduce costs, for example, reducing the airdrop cost for 1 million users from $260,000 to $50, a decrease of 5200 times.

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