State Compression product
Overview
State Compression refers to a protocol operating on the Solana blockchain. It reduces the expense associated with data storage by recording solely a Merkle root hash on the ledger, with the complete data held off-chain. The mechanism finds its main application in the creation of compressed non-fungible tokens (cNFTs) and other state-dependent uses that demand verifiable information at lower storage fees.
Within The Counterparty graph, State Compression connects to 3 tracked entities, most strongly to Solana, Helius, Drip Network.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 90% |
integrates | Helius | 85% |
integrates | Drip Network | 80% |
Frequently asked questions
What is State Compression?
State Compression is a product tracked in The Counterparty knowledge graph. It is connected to 3 other tracked entities, most strongly to Solana, Helius, Drip Network.
What type of entity is State Compression?
State Compression is classified as a product (product) in The Counterparty knowledge graph.
What is State Compression connected to?
In The Counterparty knowledge graph, State Compression is linked to 3 other tracked entities, most strongly to Solana, Helius, Drip Network.