Light V3: Introducing the First Zero-Knowledge Layer (zkLayer) on Solana

The Light Protocol team has achieved a significant milestone by launching Light V3, the first-ever zero-knowledge Layer (zkLayer) on the Solana blockchain platform. This cutting-edge solution, known as PSP (Private Solana Programs), empowers developers to leverage the full potential of the Solana blockchain for various applications, including faster and more secure private payments, encrypted booking orders, and engaging public on-chain games with private state.

Breaking Ground: Light V3 Goes Live

After months of meticulous development, the Light Protocol team proudly unveils the next generation of Light Protocol, Light V3. This groundbreaking release paves the way for private program execution directly on the Solana blockchain. By harnessing zero-knowledge proofs, Light V3 introduces PSP, which stands for Private Solana Programs.

Light Protocol: Unveiling the Power of Light V3

Light V3 leverages full zkSNARK verification, ensuring swift processing with transaction speeds as fast as 400ms per atomic transaction. This advancement enables direct settlements on Solana without requiring rollups. Light V3 ensures accurate state transactions under client computation while maintaining the utmost privacy by never revealing any transaction details.

How to Leverage Light Protocol

Utilizing Light Protocol has never been easier, thanks to the comprehensive tutorials and documentation available on their website. Developers can access valuable resources and engage in discussions on Discord. Email support is also available to provide further assistance.

Accessible Through GitHub

To foster collaboration and security, Light Protocol provides access to its GitHub repository, implementing a robust security policy under the GPL-3.0 license. As the Next-Gen zkLayer for Solana continues to evolve, developers can anticipate the launch of the testnet in the coming months, followed by the highly anticipated Solana Mainnet. Meanwhile, users can start building their own PSP projects at any time, benefitting from customizable features.

Recent Milestones: Light Protocol’s Progress

In March, Light Protocol made headlines by updating $1.52 million worth of Solana (SOL) shielded for private transactions during the completion of Light V1, which involved a staggering two million transactions. The announcement of Light V2 garnered immense excitement within the crypto community on Twitter.

Conclusion

As Light Protocol ushers in a new era of privacy and innovation on the Solana blockchain, developers and users alike can look forward to unparalleled possibilities and groundbreaking applications with Light V3 and the remarkable PSP framework.

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Konstantinos77

Crypto Tech News 24

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