The rent-free account standard for Solana. SDKs for scaling Payments, Privacy and more.
Solana
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We’re joining @helius to build the most used privacy protocol in crypto.
Helius is the leading infrastructure company on Solana, and having worked together closely in the past 2 years, we know them to be an elite team with the distribution power to make privacy go mainstream.
To our existing users: we will keep running and maintaining the ZK Compression protocol and core SDKs.
More details in our blog post: helius.dev/blog/light-protoc…
Big Solana news:
The Light Protocol team is joining Helius to help build Solana's most complete ZK privacy layer.
Private payments, markets, and finance -- at Solana scale.
Fully composable, fully onchain, fully open-source.
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Introducing the Light Token SDK for Payments
- reduces Solana ATA fees to $0.001
- works with all SPL, including USDC, PYUSD, USDG
- new drop-in API, upgrading from spl-token takes ~5 minutes
Live on Mainnet today, use with all leading RPC providers.
Enjoy
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To use the SDK, just swap a few function calls.
Methods are a superset of SPL-token, returning the same Account types.
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The SDK is powered by the new Light Token Program under the hood, which has been audited by @Certora and @accretion_xyz.
Learn more and start integrating here: zkcompression.com/light-toke…
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Human verification needs to scale to billions of users. That’s why we’re partnering with @LightProtocol.
Using ZK Compression, VeryAI records verification events on @solana with compressed accounts that are ~5,000× cheaper than standard accounts.
The result: verifiable onchain proofs without exposing user data.
Proof of Reality for the new internet.
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RT @swen_sjn: proud of the engineering work behind the new rent free token program
it’s like SPL token, but you don’t have to pay rent exe…
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Light Protocol retweeted
Stop paying rent
We teamed up with @LightProtocol to bring a new way to interact with compressed accounts like normal Solana accounts
The cost savings of compression with the devEX of Solana 🧵👇
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Light Protocol retweeted
BREAKING: @LightProtocol announces Light Token, a new token standard on Solana that's 200x cheaper than SPL and fully DeFi-compatible ⚡️
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Today, we're introducing the Light token program, a high-performance token standard for rent-free DeFi on @solana.
It reduces the cost of allocating onchain accounts by 200x while being more CU efficient than SPL-token on hot paths.
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The program achieves this by sponsoring Solana‘s rent-exemption cost to allocate hot accounts and compressing inactive (cold) accounts.
Our interface SDKs make it easy to load cold accounts without trading off UX.
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The light token program is live for developers on Devnet today with Mainnet coming soon.
Learn more at: zkcompression.com
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Light Protocol retweeted
biggest product announcement in the history of @lightprotocol yet
next week
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RT @swen_sjn: what if you had 200x lower rent on solana
without the UX and performance tradeoffs previously associated with compression
i…
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Light Protocol retweeted
Built a zk ID example with compressed accounts.
- private onchain id verification with Groth16 zk proofs
- compressed pdas to nullify id verification for an event
- no custom indexer required, Rpcs already index compressed accounts in state trees
link below
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Light Protocol retweeted
PSA for Solana Cypherpunk builders.
I'm doing a ZK Compression workshop with @MikePawel and @SuperteamDE
this friday, 2 PM (WEST)
you'll learn
> how to use rent-free accounts
> how zk compression works
> live demo & q&a
luma link below
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ZK Compression sidetracks for the @solana cypherpunk hackathon are now open
1. use rent-free tokens or PDAs
2. submit to Superteam Germany or Portugal
3. win
sign up below
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