The rent-free account standard for Solana. SDKs for scaling Payments, Privacy and more.
Solana
Joined September 2021
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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…
Light Protocol retweeted
if youre on Solana and haven't thought about @HeliusPrivacy, I humbly advise you to start here:
helius.dev/docs/privacy
if youre on Solana and haven't thought about @HeliusPrivacy, I humbly guarantee you will fall behind your competitors and your users' wants
ZK at Solana scale is a hell of a challenge, but we've done it and it will change Solana permanently
get in touch
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…
Light Protocol retweeted
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.
Light Protocol retweeted
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 exemption to allocate accounts.
the token program pays it for you!
how?
the token program separates hot and cold paths under the hood
Say you have a market USDC-BONK
the market is being traded, it’s a highly CU optimized onchain account. Just like SPL and p-token. That’s the hot path.
when the market is inactive, it slowly gets colder, and eventually gets compressed. the state is preserved rent-free using zkcompression. that’s the cold path.
all this is done under the hood! programs interact with hot path only.
if a txn uses a cold account, it gets auto loaded into hot state in-flight.
and importantly — the unified tokenInterface API lets traders, programs, and clients add support fast.
Like adding a third token program to SPL and token22.
hot/cold usage patterns are already what what happens across markets and token APIs in Solana DeFi. the Light token program now applies this to the account storage side to allow sustainable removal of the rent exemption cost.
it’s the first-order correct design for a token program for DeFi and payments that both IBRL‘s **and** solves state growth for @solana.
tldr: rent free defi, launchpads and AMMs are possible on Solana now!
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.
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 🧵👇
Light Protocol retweeted
BREAKING: @LightProtocol announces Light Token, a new token standard on Solana that's 200x cheaper than SPL and fully DeFi-compatible ⚡️
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.
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.
The light token program is live for developers on Devnet today with Mainnet coming soon.
Learn more at: zkcompression.com
Light Protocol retweeted
biggest product announcement in the history of @lightprotocol yet
next week
Light Protocol retweeted
what if you had 200x lower rent on solana
without the UX and performance tradeoffs previously associated with compression
i’ll be at @solanaconf to present our latest work
see ya there!
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
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