<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDQvZTI2ZTI5YjgtZGIwMC00NmNiLTk1MTUtM2ZjOWY5ZjI4NzYxLmpwZw==.jpg"></p><p>Known as state compression, the technology promises to drastically reduce the cost of on-chain storage.</p>