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Author Topic: Solana zk Compression and Actions/Blink  (Read 1866 times)

Offline pmbug

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Solana zk Compression and Actions/Blink
« on: June 30, 2024, 12:22:33 PM »
Solana developed a few interesting things recently:
Quote
the big news is here

today we're introducing ZK compression to Solana, directly on the L1 — without requiring L2s

this changes everything you thought you knew about Solana and scaling L1s

TL;DR — we compress onchain state to get 10,000x scale improvements and get 1 step closer to building The Financial Computer — an unstoppable, global, atomic state machine syncing at the speed of light

for non-technical folks
developers can now build and scale literally anything they want directly on Solana without needing to leave it

example cost difference
take an airdrop to 1,000,000 users

this today would cost over $260,000 for state alone

now, it's $50 — 5,200x cheaper

but a token account is just one example of this — *everything* on Solana is an account, meaning everything can be scaled

for technical folks
there are two costs on Solana — compute and state

Solana already has cheap compute — but state is expensive

allocating accounts, paying rent, and scaling with users have all been shown to be a massive roadblock for Solana devs

this is now fixed
...

https://x.com/0xMert_/status/1804244166584516865

and

Quote
Solana Actions are specification-compliant APIs that return transactions on the Solana blockchain to be previewed, signed, and sent across a number of various contexts, including QR codes, buttons + widgets, and websites across the internet. Actions make it simple for developers to integrate the things you can do throughout the Solana ecosystem right into your environment, allowing you to perform blockchain transactions without needing to navigate away to a different app or webpage.

Blockchain links – or blinks – turn any Solana Action into a shareable, metadata-rich link. Blinks allow Action-aware clients (browser extension wallets, bots) to display additional capabilities for the user. On a website, a blink might immediately trigger a transaction preview in a wallet without going to a decentralized app; in Discord, a bot might expand the blink into an interactive set of buttons. This pushes the ability to interact on-chain to any web surface capable of displaying a URL.
...

https://solana.com/docs/advanced/actions

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Solana zk Compression and Actions/Blink
« on: June 30, 2024, 12:22:33 PM »

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Online Metha Wulandarin

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Re: Solana zk Compression and Actions/Blink
« Reply #1 on: July 01, 2024, 04:11:29 PM »
A glimpse of my understanding from the explanation and video you shared, Solana action blinks is almost similar to the existing project in Solana now, namely PIP but the PIP project does not yet support payment via links as Solana action blinks offers.

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Re: Solana zk Compression and Actions/Blink
« Reply #1 on: July 01, 2024, 04:11:29 PM »

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