Web3 social media protocol launches ‘layer 3’ to offer prompt posts
The group 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 rising scalability for Lens, in line with an April 26 announcement considered by Cointelegraph.
Introducing Bonsai, an Optimistic L3 scaling resolution, that can course of transactions at hyperscale, and is designed to assist the following technology of web3 social customers.
Obtainable for Lens devs in closed beta at the moment. pic.twitter.com/AaqfikZWxT
— Lens Protocol (@LensProtocol) April 26, 2023
Lens is a blockchain protocol that enables customers to type 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 will switch these connections to every other app constructed on the protocol. There are 17 completely 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 group acknowledged that the Polygon community can’t 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. In keeping with the doc, shared blockchain networks can solely deal with as much as 200 transactions per second (TPS), whereas the earlier incarnation of Lens might solely deal with 40 to 50 TPS. In contrast, it acknowledged that Twitter typically does 25,000 TPS throughout peak durations.
Associated: Meta working on text-based decentralized social network codenamed P92
The group anticipated this limitation might forestall 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 information whereas storing verification information about them.
In keeping with the technical paper, the Bonzai community consists of three sorts of nodes: Submitters, Verifiers, and Timestamps. Submitters validate transactions, construct metadata, and submit them to Bundler. Verifiers monitor the information submitted by Submitters and make sure 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 technique ought to “[provide] customers the expertise (prompt posts, and many others.) 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 assist 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 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 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 specialists imagine decentralized social media will be the next big thing in crypto.