Validated | How Compression Is Changing How We Think About NFTs скачать в хорошем качестве

Validated | How Compression Is Changing How We Think About NFTs

In today's episode, Austin moderates a panel discussion about compression with Jon Wong (Solana Foundation), Noah Prince (Helium Foundation), and Ilmoi (Tensor). Compression is a way of storing data on Solana that reduces costs by orders of magnitude. For now, its most common use case is compressed NFTs. With compression, you can mint one hundred million NFTs for two thousand dollars. Jon, Noah, and Ilmoi dive into the tech of how compression works, the ways in which developers are utilizing it, and how it may be a driving force in Solana's mass adoption. 0:00 - Intro 2:44 - The original vision for compression 4:06 - Why choose compression as an approach to scaling? 5:36 - What parts of compression are on and off chain? 7:16 - How compression helped Helium migrate to Solana 11:57 - Why Tensor was quick to built compressed NFT support 15:14 - Shared experiences of chewing glass with compression 19:29 - Is the security of compressed NFTs identical to normal NFTs? 22:33 - How the low cost of compression unlocks new NFT use cases 24:56 - What kinds of things are people building with compression? 26:54 - The future of NFTs is not 10K pfp drops 30:52 - What next for compression? 37:53 - Social media on Solana with compression 39:52 - Potential future problems with compression 42:40 - Will the high-performance general purpose blockchain thesis hold up in the future? 46:18 - Is the big data problem coming for blockchains? DISCLAIMER The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor. Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.