sol_idity | Sphere ⚪️

Full Slack Engineer @Sphere_Labs ⎮ Created @deeznuts_solana 🥜, first Solana token without rent

[sol_idity | Sphere ⚪️ @sol_idity]

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 https://t.co/tgOkpskgF6 (with a burner wallet) to get some of these tokens!

Why/how, a 🧵

1/7

[Arnold Lee @0xdirichlet]

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.

[sol_idity | Sphere ⚪️ @sol_idity]

@abin72606750 @tAgentSPL No this is a scam, the GitHub doesn't even have any code. Not affiliated to us in any way.

[sol_idity | Sphere ⚪️ @sol_idity]

@scammo_ Remembering the days of the 75 devs 🫡

[sol_idity | Sphere ⚪️ @sol_idity]

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!
https://t.co/mcuLquGQns

[sol_idity | Sphere ⚪️ @sol_idity]

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.
https://t.co/RkuYJvjacp

[sol_idity | Sphere ⚪️ @sol_idity]

9/ zkNFTs are designed to support Solana’s growth, providing a scalable foundation for future NFT and blockchain applications.

[sol_idity | Sphere ⚪️ @sol_idity]

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. 🧵
https://t.co/RkuYJvjacp

[sol_idity | Sphere ⚪️ @sol_idity]

8/ Compared to the previous compressed NFT standard, zkNFTs offer:
• Greater flexibility
• Advanced features like delegation and freezing
• Better transaction efficiency

[sol_idity | Sphere ⚪️ @sol_idity]

7/ zkNFTs support on-chain metadata, enabling verifiable attributes for NFTs, which enhances transparency and trust.

[sol_idity | Sphere ⚪️ @sol_idity]

6/ Royalty enforcement is built-in, ensuring creators receive their share from every secondary sale, directly at the protocol level.

[sol_idity | Sphere ⚪️ @sol_idity]

5/ Another key feature is asset freezing, which lets NFTs be temporarily locked for specific purposes like governance or fraud prevention.

[sol_idity | Sphere ⚪️ @sol_idity]

4/ zkNFTs also allows asset delegation, allowing users to delegate specific rights without transferring ownership. Useful for marketplace listings and other decentralized applications.

[sol_idity | Sphere ⚪️ @sol_idity]

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.

[sol_idity | Sphere ⚪️ @sol_idity]

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. ⚡

[sol_idity | Sphere ⚪️ @sol_idity]

@0xdirichlet This was yap 🫡

[sol_idity | Sphere ⚪️ @sol_idity]

@envythesyntax @sphere_labs Hi there sorry for the hold up, could you DM me your email address so that I could look deeper into this. Sorry!

[sol_idity | Sphere ⚪️ @sol_idity]

@Jimmy14624495 @sphere_labs @SolanaConf @anza_xyz Hi there, you can send me a DM and let me know what issues you are facing, will look to resolve them ASAP sorry for the delays!

[sol_idity | Sphere ⚪️ @sol_idity]

@jacobdotsol addendum: if it was a token 2022 mint and you enable the close mint extension, you probably could close the mint account to get back any SOL sent to the mint account

[sol_idity | Sphere ⚪️ @sol_idity]

@jacobdotsol Yea you could, you just can't send SOL sent to the mint address out.

[sol_idity | Sphere ⚪️ @sol_idity]

@iarlacrewe @sphere_labs So sorry for this, just saw this post, have since fixed it for your account and you are able to onramp via SEPA now. Sorry for the delay in response, we'll strive to provide a faster response in the future :')