Full Slack Engineer @Sphere_Labs ⎮ Created @deeznuts_solana 🥜, first Solana token without rent
Joined November 2021
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Introducing a new token standard on Solana, Tiny SPL!
Tiny SPL utilizes state compression to enable ownership of Solana tokens without incurring rent fees.
Visit tinys.pl/mint (with a burner wallet) to get some of these tokens!
Why/how, a 🧵
1/7
sol_idity | Sphere ⚪️ retweeted
Excited to be doing a fireside chat with @gentrybeachjr at @SolanaConf on some of the special initiatives we've been working on in the emerging world to bring $300b of international trade finance on-chain and spread US dollars to hundreds of millions across four continents.
10/ Want to see zkNFTs in action? Try our personality quiz to mint your own zkNFT. It’s a fun way to explore what this new standard can do.
dial.to/?action=solana-actio…
11/ For those interested in the technical details, the zkNFT standard is open-source. You can explore the code, understand the implementation, and even contribute!
github.com/sol-idity/zk-nft/
1/ Excited to share that zkNFTs took home the ZK Compression sidetrack win at the Radar Hackathon! 🎉 Curious about zkNFTs? Stick around for a breakdown, and try minting your own by taking a quick blink powered personality quiz. 🧵
dial.to/?action=solana-actio…
8/ Compared to the previous compressed NFT standard, zkNFTs offer:
• Greater flexibility
• Advanced features like delegation and freezing
• Better transaction efficiency
7/ zkNFTs support on-chain metadata, enabling verifiable attributes for NFTs, which enhances transparency and trust.
6/ Royalty enforcement is built-in, ensuring creators receive their share from every secondary sale, directly at the protocol level.
5/ Another key feature is asset freezing, which lets NFTs be temporarily locked for specific purposes like governance or fraud prevention.
4/ zkNFTs also allows asset delegation, allowing users to delegate specific rights without transferring ownership. Useful for marketplace listings and other decentralized applications.
3/ Core features:
• ZK compression: Compresses on-chain data using zero-knowledge proofs.
• Efficient transactions: Makes it easier to keep transaction sizes within Solana’s 1200-byte limit.
2/ zkNFTs leverage ZK compression technology to drastically reduce the on-chain state cost of NFTs. This means cheaper and more scalable NFT transactions on Solana. ⚡
Play Pokemon via Solana directly on X with Blinks!
dial.to/?action=solana-actio…
To enable rendering of Blinks directly on X with Phantom wallet:
Settings -> Experimental Features -> Solana Actions on X
Due to high traffic, the Helius ZK indexer is currently down, causing NFT transfers to not work. It also seems like we have maxed out the number of compressed account addresses that can be created, so minting also doesn't work. You can currently only view your zkNFT balances 🌚
Introducing zkNFTs, a new class of compressed assets built with ZK compression. Visit zk.tinys.pl to try it out on testnet today! (Use a burner wallet, connected wallet does not need to contain any testnet or mainnet funds)
What are zkNFTs and why are they cool, a 🧵
On a side note can I make a feature request cc @LightProtocol @heliuslabs
Could we have like an extra indexed column for arbitrary hashes in the photon accounts table that is queryable 🥹🥹🥹 This gPA equivalent is probably the final 10x enhancement that ZK compression needs :)
(Or maybe just allow querying directly on the data column but that's probably a horrible idea)
For example, since we have to include the data contained in a compressed account every time we use the account on chain, by storing only NFT attributes in a separate compressed account, if a on chain program needs to verify or add to a compressed NFT's attributes,
6/9
Huge thanks to @nifty_oss as I took quite some inspiration from their amazing standard to build zkNFTs. And of course @LightProtocol and @heliuslabs for pioneering such a cool standard for Solana!
#OPOS
8/9
Do let me know what you guys think, and I will be adding. more documentation over the days. Here is the source code: github.com/sol-idity/zk-nft
9/9
Also, with ZK compression, there is more flexibility in the expression of a compressed NFT. For example, now we can have compressed NFTs where metadata is completely stored on the ledger. This linked transaction contains the metadata for this NFT
solscan.io/tx/7bjQ7WxFCHXPJy…
4/9
Also, by taking inspiration from @nifty_oss and splitting up of NFT data and functionality in different sections, we are able to better to utilize compression while dealing with Solana tx size limits.
5/9