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illustrator
Publications
- elon
- 📌NEWS - Solana NFT minting costs get cheaper with new technology.
[✅ Follow and ✅Mirror to get 0.15WMATIC ]
TLDR:
Solana blockchain has unveiled what is called “state compression,” which aims to decrease the cost of storing data on-chain.
Developers at Solana Labs, Metaplex, RPC providers, indexers, and other organizations collaborated to develop state compression for Solana.
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Solana has unveiled "state compression," which aims to decrease data storage costs on-chain.
The technology could potentially impact the NFT market and Solana-based web3 projects. State compression uses Merkle trees, a data structure that enables verifiable off-chain storage on Solana, resulting in low on-chain storage costs. Merkle trees are a type of data structure that allows for efficient and secure verification of the contents of large sets of data.
State compression, which reduces on-chain data needs, was developed by Solana Labs and Metaplex, with collaboration from RPC providers and indexers Helius, Triton, and SimpleHash, as well as support from Solana-based web3 wallets Phantom and Solflare.
Solana NFTs
State compression is being used for compressing data size, resulting in NFTs being minted at a lower cost, as noted by Jon Wong, technical lead on the ecosystem engineering team at the Solana Foundation.
Wong added that by implementing state compression technology into the Solana blockchain, storage costs have been dramatically reduced without compromising the cryptographic security or decentralization offered by the network. He claimed that minting 100 million compressed NFTs would cost around 50 SOL (null,000) with this mechanism.
"This compression-friendly data structure allows developers to store a small bit of data on-chain and updates directly in the Solana ledger, cutting the data storage cost down dramatically while still using the security and decentralization of Solana's base layer," the core developers note.
Some projects within the Solana ecosystem, such as Dialect and Crossmint, are already utilizing state compression to build web3 experiences and create compressed NFTs.
- Do you like the Snapshot integration with Lenster? https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718 #snapshotlabs
- Hello everyone! 👋
I'm thrilled to be joining the Lens community to share my insights on Web3 VC and market trends. 🚀
As a passionate investor and observer of the space, I'll be focusing on a few core verticals: Web3 Social, Infrastructure/Middleware, and Accessible DeFi.
In Web3 Social, I'll be sharing my thoughts on the latest social media platforms and decentralised social networks such as Lens Protocol. In Infrastructure/Middleware, I'll explore topics like scaling solutions and network interoperability. And in Accessible DeFi, I'll be sharing interesting novel projects exploring how DeFi can be made more accessible to everyone.
If you're interested in staying up-to-date on the latest Web3 investment thesis and market trends, be sure to follow me. I'll be dropping articles soon and can't wait to engage with this community of fellow Web3 enthusiasts!
- What is your superpower?
- Did you check your lens score? 👀 👇
https://profile.lenskit.xyz
- have a nice day lenster fam!
- have a nice day lenster fam!
- `HAPPY BIRTHDAY TO ME! 🥳`
Let's just keep me 24 with a decade of experience in aging like fine wine 🍰 👑
Please collect & enjoy this art from me, to you!
May or may not give you ALPHA on @lenspostxyz.lens 😉
Xoxo,
@cybershakti.lens
- 🌟 Calling All Web3 Enthusiasts & Experts! Contribute to an Open Investment Thesis on Social Applications 🌟
Are you passionate about Web3 and its potential to revolutionize social applications? If you have the expertise and a keen eye for detail, we need your insights! 🚀
I'm developing an in-depth Open Investment Thesis that explores the future of social applications built on Web3, with a spotlight on innovative platforms like Lens Protocol and its associated ecosystem apps. As the Web3 landscape evolves rapidly, this thesis aims to be a dynamic, living document. 💡
📢 SEEKING PEER-REVIEWERS:
Before the thesis is unveiled, I'm looking for a few bright minds to offer valuable feedback and peer-review the work. Your suggestions and insights will be crucial in refining the final document.
🔍 WHAT WE'RE LOOKING FOR:
- Individuals with Web3 engineering experience or a strong understanding of the Web3 social applications landscape
- A keen eye for detail and the ability to provide constructive feedback
- Willingness to collaborate in shaping the future of social applications on Web3
📩 INTERESTED?
Let's connect! Drop a comment below, and I'll reach out to you via DM to discuss further.
Thank you, and let's build the future of Web3 social applications together! 🌐💫
- Did the duck speed up? It's so fast.
And, this cat has a really good temperament. If it were me, I would have been angry long ago.😅
- Did the duck speed up? It's so fast.
And, this cat has a really good temperament. If it were me, I would have been angry long ago.😅
- be kind to yourself. you are a good person. ❤️
- Anyone using wav3s app?
- Anyone using wav3s app?
- Attention all social media marketers! Say goodbye to paying platforms like Twitter and LinkedIn to promote your posts. Our revolutionary product empowers YOU to promote content you believe in while earning money!!!!
How much does a "share" cost on Twitter or LinkedIn? 🤔 Is it worth more than paying for 1,000,000 views? Let's talk about the value of engagement for your brand! 💪
- **good day with lens**
- Should Lens have more support for languages such as translations and content discovery based on local languages?
- 🍁🌳
- 🟢 The *Building Blocks* Kit by Sound of Fractures is now live at kits.io/sof. With ethereal layered vocals and unique otherworldly chords, this Kit features:
🎵 60+ innovative loops
🧑🤝🧑 A special Sound of Fractures community collab event
💬 Access to Sound of Fractures's holder chats
✌️ Free claims for Sound of Fractures Sound.xyz holders
To celebrate the new drop, Sound of Fractures is hosting a community collaboration event for one week featuring ALL submissions as part of the Building Blocks Collection on Lens and Beats:
🎼 Mint a copy of the *Building Blocks* Kit
🎹 Create a 30 sec. audio snippet using samples from the pack
🙌 Submit your creation to kits.io/sofsong
All submitted sounds will be featured on a Lens and Beats.xyz leaderboard where you can explore and vote for the best creations. In the spirit of community and collaboration, all submitted sounds will be a part of the Building Blocks collection immortalized on Lens.
Create and share your work by Wednesday, April 12, 2023 12:00 AM (in 7 days) to: https://www.kits.io/packs/building-blocks?utm_id=kits&utm_source=social&utm_medium=lens&utm_campaign=buildingblocks&utm_term=site&utm_content=link&tab=tracks
- I do appreciate that SubStack is evangelising subscription payments instead of ads https://techcrunch.com/2023/04/05/substacks-new-short-form-notes-feed-looks-a-lot-like-twitter/
- good night *lenster fam*.
- **ethereum to the moon! 👀🚀**
- line art #wip #illustrator
- No more crypto bridges! The #ZetaLabs Swap App uses Omnichain Smart Contracts to enable native cross-chain asset transfers without bridging or wrapping. Join the @zetablockchain testnet using my referral link and earn 5,000 ZETA Points:
[ZetaLabs](https://labs.zetachain.com/)
ZetaLabs is a place where the ZetaChain community can help contribute to ZetaChain development by helping test and grow the network.
- Bloom!
https://open.spotify.com/track/0oTyoTKEKMdF3rXcOLyEfN?si=ba7627097dfe44d5
- **GOOD NIGHT PEEPS**
- Views by @connectthecoast.lens #Lenstube
https://lenstube.xyz/watch/0x012d4e-0x0185
- What is your Native language? 😍
Comment something nice in your language.👇🏻
(For example wish me luck 😊)
- emotions take flight.
https://www.youtube.com/watch?v=6lIt07sBW4E&list=LL&index=2
- https://youtu.be/91fkcTxXkLI this track should definitely keep playing while you're doing some background work.
- It felt very special. This is my Web3 ID 🥰
in Bitzone.
- Six hours left until “music city” mints on @soundxyz.lens_ !!!
Set your reminder - https://laylo.com/sammyarriaga/456lI
- Should Lens be on its own network or rollup?
- *Hello World.*
- update for the free NFTs drop for UFO subscribers.
we've heard that some of our community weren't able to claim NFTs when you should have been eligible. we're looking into any allowlist issues and will post an update once it's fixed!
don't worry, there's no risk of missing out. if you've subscribed to UFO you will be able to claim your NFTs.
if you're just meeting us today ~ you can still subscribe to qualify for the upcoming UFO 30K Lens drop
- It's time for a relooking ...
Want a sneak preview of what the best writing experience on Lens protocol will look like?
Join the discord server and get a special role : https://discord.com/invite/zwaKtm3tqN