{"id":62289,"date":"2023-05-10T07:46:45","date_gmt":"2023-05-10T07:46:45","guid":{"rendered":"https:\/\/dailytalks.org\/?p=62289"},"modified":"2023-05-10T07:46:45","modified_gmt":"2023-05-10T07:46:45","slug":"solanas-latest-tech-solution-aims-to-dramatically-reduce-on-chain-storage-costs-heres-how-it-works","status":"publish","type":"post","link":"https:\/\/dailytalks.org\/?p=62289","title":{"rendered":"Solana&#8217;s Latest Tech Solution Aims to Dramatically Reduce On-Chain Storage Costs \u2013\u00a0Here&#8217;s How it Works"},"content":{"rendered":"<p>Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost of storing data on-chain.<br \/>\nIn a\u00a0Thursday blog post, Solana Foundation tech lead Jon Wong said the &#8220;state compression&#8221; technology would bring down the cost of minting 1 million non-fungible tokens (NFTs) on the network to around 4 SOL&#8230;<br \/><a href=\"https:\/\/cryptonews.com\/news\/solanas-latest-tech-solution-aims-to-dramatically-reduce-on-chain-storage-costs-heres-how-it-works.htm\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-62289","post","type-post","status-publish","format-standard","hentry","category-tech"],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","chromenews-featured":"","chromenews-large":"","chromenews-medium":""},"author_info":{"display_name":"Jonathan Jeriah","author_link":"https:\/\/dailytalks.org\/?author=1"},"category_info":"<a href=\"https:\/\/dailytalks.org\/?cat=35\" rel=\"category\">Tech<\/a>","tag_info":"Tech","comment_count":"0","_links":{"self":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/62289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62289"}],"version-history":[{"count":0,"href":"https:\/\/dailytalks.org\/index.php?rest_route=\/wp\/v2\/posts\/62289\/revisions"}],"wp:attachment":[{"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailytalks.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}