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Why Crypto Needs a Mobile Revolution

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CHAPTER

The Future of Cryptocurrency

State compression is a way of fitting more data into less space on chain, which has the effect of dramatically reducing the cost of something like minting NFTs or sending a transaction. The NFT cost reduction is about 26,000 X, which is, you know, pretty interesting. We see state compression and some of the things that are being built by Solana as really nicely timed with this mobile adoption of being able to do more consumer and more abundant style things.

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