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jon wong pfp
jon wong
@jnwng
state compression on Solana has absolutely exploded state growth—storage space for 7.43 billion digital assets has already been allocated for just over ◎2,433, putting the price of a digital asset on Solana at ◎0.0000003 ($0.00003) getting onchain doesn't have to be expensive!
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jon wong
@jnwng
dive into my exploration of state compression trees on Dune: dive in: https://dune.com/jnwng/department-of-forestry most interesting insight: there's a roughly equivalent allocation of 0-3, 3-10, and 10+ depth trees out there. folks care about composability!
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jon wong
@jnwng
(i forgot about the transaction cost at 0.000005 SOL. can fit 10 mints in there so i’ll give it a generous 5e-7 on cost, which is still $0.00005)
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