List of Flash News about storage costs
Time | Details |
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2025-03-01 19:36 |
Token Storage Costs Reduced by 100X with ZK Compression by LightProtocol and Heliuslabs
According to Phantom, the cost of storing tokens has been reduced by 100 times due to the implementation of Zero-Knowledge (ZK) compression technology developed by LightProtocol and Heliuslabs. This innovation is expected to significantly decrease operational costs for traders and investors by improving storage efficiency in the blockchain ecosystem. The adoption of such technology could potentially enhance liquidity and trading volumes as transaction costs become more economical (Phantom, March 1, 2025). |