Storage costs reduction involves implementing techniques and protocols designed to decrease the expense associated with storing data on a blockchain or distributed ledger. This often includes employing off-chain storage solutions, utilizing more efficient data structures, or leveraging data compression methods. It addresses the inherent cost of immutable data retention.
Context
This is a critical area of focus in news concerning blockchain scalability and the long-term viability of decentralized applications. Reports frequently cover advancements in data compression, sharding, and layer-2 storage solutions designed to make on-chain data retention more economically sustainable. Reducing these costs is essential for broad utility.
ZKPoT uses zk-SNARKs to verify decentralized model accuracy without revealing private data, solving the efficiency-privacy trade-off in federated learning.
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