Solana reveals cost-cutting solution for on-chain storage
cointelegraph.com/news/solana-reveals-cost-cu...
cointelegraph.comPosted Apr 6, 2023, 8:36 PM UTC
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cointelegraph.comSolana could safe a lot of storage by not starting up again next time next time it shuts down
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This network always has problems
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What're some of its main ones?
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Why anybody throws money at this obvious scam is beyond me
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Solana cost cutting solution to storage is to cut the up-time in half.
Half the electricity bill!! /s
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Anything to get us back to $260 baby
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I miss the days of people speculating that SOL might hit $800 to $5k next bull run.
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The good ‘ole days? lol
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People still buying into this?
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Cost cutting solution = make price go down another 50? Haha
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Now they need to figure out how to keep the chain from stopping. I never invested in SOL, but it’s not a horrible blockchain. If they can figure out the uptime it would be worth looking into, but imo they’re close to running out of chances.
Edit. I don’t visit this sub too often anymore, but damn the downvote brigade are bad now. You guys realize that doesn’t help you get more moons right?
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"Called state compression, the technology promises to bring down the cost of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110. "
Sounds like spammers paradise
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Can't cost money if you're offline
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I genuinely feel for the Solana team. Bankman-Fried was a parasite, they deserve more credit than what they get.
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tldr; Solana has released a new solution to reduce the cost of on-chain storage. Called state compression, the technology promises to bring down the price of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110. It relies on Merkle trees, a data structure known for its capability to "compress" the verifiability of a tree of data into a "hash," or fingerprint.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Bullish on sol long term… just hope it survives
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Bold move, but quite effective
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Very useful for the 70% of the time the network isn’t down
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They inflate their token to give back the wealth to the holders who think they are earning money.
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Prepare for the original and hilarious "solana down" jokes.
lol I always click on SOL related threads just to watch the drama go down in the comments. Even if it's positive news, there's always hate.
solana down
🎶"Don't let the sun...go down on me..."🎶
AnalOS strikes again!!