Web3 social media protocol launches ‘layer 3’ to provide instant posts
Blockchain
The crew behind Lens, a Web3 social media protocol, has introduced the launch of a brand new “layer 3” community to scale blockchain social media apps. Referred to as “Bonzai,” the brand new community processes and shops posts, feedback, and shares, taking this information off the Polygon community and thereby rising scalability for Lens, in line with 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 right now. pic.twitter.com/AaqfikZWxT
— Lens Protocol (@LensProtocol) April 26, 2023
Lens is a blockchain protocol that enables customers to kind a conveyable “social graph” or digital set of connections between themselves and others. When a consumer kinds a reference to one other individual on one Lens app, they’ll switch these connections to some other 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 crew said that the Polygon community can not deal with the transaction quantity or information storage wants of large-scale social media apps, making it vital for a brand new “optimistic L3 hyperscaling information resolution” to be launched. In accordance with 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. In contrast, it said that Twitter typically does 25,000 TPS throughout peak durations.
Associated: Meta engaged on text-based decentralized social community codenamed P92
The crew anticipated this limitation may stop the protocol from scaling as its consumer base grows. To unravel 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 recordsdata whereas storing verification information about them.
In accordance with 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 (immediate posts, and so on.) they’ve come to anticipate from social networks.”
Stani Kulechov, the founding father of Lens Protocol, believes Bonzai shall be an essential step towards spurring mass adoption of Web3 social apps:
“To be aggressive with web2, decentralized social should scale. With the power to help mass shopper adoption, we’ll see continued web3 innovation – new, thrilling and compelling options and enterprise fashions that can spur web3 adoption.”
A number of firms in recent times have created decentralized social media protocols, together with Lens, Subsocial, DeSo, and others. Builders hope these apps will assist broaden the attraction 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 massive factor in crypto.
