Light Protocol and Helius Labs have announced a new scaling solution for Solana's on-chain applications using 'ZK Compression' technology. ZK Compression operates through a process of state compression, allowing developers to store certain types of data using cheaper ledger space. This technology will reduce the cost of storing 100 compressed token accounts by 5000 times, significantly enhancing the scalability and reducing costs of the Solana network.

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Odaily Planet Daily News: Solana ecosystem developers Light Protocol and Helius Labs announced a new scaling solution for Solana blockchain applications using 'ZK Compression' technology. ZK Compression operates through state compression, allowing developers to use cheaper ledger space on Solana to store certain types of data. According to ZK Compression documentation, off-chain data 'hashes' or fingerprints are stored on-chain for verification using 'sparse state trees.' Light Protocol stated that ZK Compression will enable developers to store 100 compressed token accounts at approximately 1/400,000 of the price (typically around 0.2 SOL), reducing costs by 5000 times. Reports indicate that compressed PDA accounts can be up to 160 times cheaper. The protocol utilizes small zero-knowledge proofs (validity proofs) to ensure the integrity of the compressed state. (The Block) Yesterday, Helius CEO Mert Mumtaz announced on X that the team is introducing ZK Compression to Solana directly on L1 without the need for L2. This move will significantly enhance Solana network scalability, allowing developers to build and scale directly on-chain without leaving the network. Additionally, it can greatly reduce costs; for example, the current cost of airdropping to 1 million users is expected to exceed $260,000, but with the introduction of ZK Compression, the cost can be reduced to $50, a decrease of 5200 times.

Light Protocol and Helius Labs introduce ZK compression technology, reducing Solana storage costs by 5000 times.