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Home»Blockchain»Web3 social media protocol launches ‘layer 3’ to provide instant posts
Blockchain

Web3 social media protocol launches ‘layer 3’ to provide instant posts

2023-04-26Updated:2023-04-29No Comments3 Mins Read
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Blockchain


The workforce behind Lens, a Web3 social media protocol, has introduced the launch of a brand new “layer 3” community to scale blockchain social media apps. Known as “Bonzai,” the brand new community processes and shops posts, feedback, and shares, taking this information off the Polygon community and thereby growing scalability for Lens, based on an April 26 announcement seen by Cointelegraph.

Introducing Bonsai, an Optimistic L3 scaling resolution, that can course of transactions at hyperscale, and is designed to help the following era of web3 social customers.

Accessible for Lens devs in closed beta in the present day. pic.twitter.com/AaqfikZWxT

— Lens Protocol (@LensProtocol) April 26, 2023

Lens is a blockchain protocol that permits customers to kind a transportable “social graph” or digital set of connections between themselves and others. When a person varieties a reference to one other particular person on one Lens app, they’ll switch these connections to another app constructed on the protocol. There are 17 totally different Lens-based social media apps listed on the protocol’s official web site, together with Buttrfly, DumplingTV, Lenster, Lenstube, and others.

Lens runs on the Polygon community, a layer 2 of Ethereum.

In a technical doc linked to within the announcement, the Lens workforce acknowledged that the Polygon community can not deal with the transaction quantity or information storage wants of large-scale social media apps, making it mandatory for a brand new “optimistic L3 hyperscaling information resolution” to be launched. Based on the doc, shared blockchain networks can solely deal with as much as 200 transactions per second (TPS), whereas the earlier incarnation of Lens may solely deal with 40 to 50 TPS. Against this, it acknowledged that Twitter usually does 25,000 TPS throughout peak durations.

See also  Public testnets are a threat to the development of dapps 

Associated: Meta engaged on text-based decentralized social community codenamed P92

The workforce anticipated this limitation may forestall the protocol from scaling as its person base grows. To resolve this drawback, Bonzai has launched as a layer 2 of Polygon itself, or an “L3” of the Ethereum community. Bonzai makes use of Bundlr, a decentralized storage platform constructed on Arweave, to retailer giant information whereas storing verification information about them.

Based on the technical paper, the Bonzai community consists of three varieties of nodes: Submitters, Verifiers, and Timestamps. Submitters validate transactions, construct metadata, and submit them to Bundler. Verifiers monitor the info submitted by Submitters and ensure that it’s legitimate. And Timestamps decide what the right block quantity and timestamp are for a selected piece of information.

The paper states that this method ought to “[provide] customers the expertise (instantaneous posts, and so on.) they’ve come to anticipate from social networks.”

Stani Kulechov, the founding father of Lens Protocol, believes Bonzai might be an necessary step towards spurring mass adoption of Web3 social apps:

“To be aggressive with web2, decentralized social should scale. With the power to help mass client adoption, we’ll see continued web3 innovation – new, thrilling and compelling options and enterprise fashions that can spur web3 adoption.”

A number of corporations lately have created decentralized social media protocols, together with Lens, Subsocial, DeSo, and others. Builders hope these apps will assist broaden the enchantment of blockchain networks past the monetary world. Whereas none of them have attained the success of Fb, Twitter, YouTube, and different Web2 social apps, some blockchain consultants consider decentralized social media would be the subsequent large factor in crypto.

See also  DeFi Protocol SafeMoon Still Running Despite Securities Violations



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