Logo
Bankless

Level 1

9 months ago
What Solana is Building πŸ—οΈ

Despite the price action and memecoin markets, Solana’s most bullish developments have been technological

Dive into the innovations driving Solana forward πŸ‘‡
Bankless

Level 1

9 months ago
In response Bankless to his Publication
1⃣ Solana L2s and Rollups

Solana's 1.18.15 update added a central scheduler for handling high transaction volumes, but ongoing congestion has spurred talks about moving to a modular design with SVM L2s and rollups to tackle costs and congestion.
Bankless

Level 1

L2s in development are:

πŸͺ„ magicblock: Ephemeral Rollups for scaling games
🌱 getgrass_io: AI data verification on a ZK L2
πŸ“ˆ ZetaMarkets: Perps DEX rollup for better UX
🏦 iron_xyz: Institutional onchain banking on an L2

These help scalability and target precise use cases
9 months ago
In response Bankless to his Publication
Bankless

Level 1

9 months ago
In response Bankless to his Publication
2️⃣ ZK Compression

heliuslabs and LightProtocol's ZK to tackle state bloat, the growing accumulation of data nodes must store

By grouping multiple accounts into a single, verifiable Merkle root it reduces storage costs and maintains data security
Bankless

Level 1

9 months ago
In response Bankless to his Publication
This tech optimizes ledger data storage, lowers hardware requirements, and enhances decentralization

Overall, ZK compression improves historical state access and lowers transaction costs, ensuring a more efficient and decentralized network