State Compression protocol
Overview
State Compression is a technique on the Solana blockchain that enables storing large amounts of data cost-effectively by using Merkle trees and on-chain proofs. It is primarily used for minting compressed NFTs (cNFTs) and managing high-volume token accounts with reduced storage costs. This approach maintains security and verifiability while drastically lowering the rent and transaction fees associated with on-chain data.
Within the DeFi Intel graph, State Compression connects to 1 tracked entity, most strongly to Solana.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 90% |
Frequently asked questions
What is State Compression?
State Compression is a technique on the Solana blockchain that enables storing large amounts of data cost-effectively by using Merkle trees and on-chain proofs.
What is State Compression primarily used for?
It is primarily used for minting compressed NFTs (cNFTs) and managing high-volume token accounts with reduced storage costs.
What chain does State Compression run on?
State Compression runs on the Solana blockchain.