Lens, a protocol that is revolutionizing decentralized social media

It was through a series of tweets that Lens Protocol announced the launch of Bonsai. It is a blockchain layer 3 scaling solution for decentralized social media.

Lens Protocol presents its Bonsai scaling solution

The Lens protocol in a nutshell

Lens Protocol is a blockchain technology developed to provide three specific functions: the creation, management and trading of contracts. To do this, it uses smart contracts on the Ethereum blockchain which allows you to buy and/or sell an asset at an agreed price on a specific date.

Lens uses decentralized oracles to provide real-time price data. This is what determines the price of contracts and settles transactions. It also uses an Automated Liquidity Mechanism (AMM) to facilitate trading with deep and consistent liquidity.

This blockchain technology was designed to be fully decentralized, secure and transparent. The proof: transactions are executed completely transparently on the Ethereum blockchain. In other words, information is immutable and resistant to censorship.

That’s not all ! Lens Protocol uses open and interoperable standards. This allows integration with other protocols as well as with different applications.

Bonsai, the solution that makes Lens Protocol a base for social networks

Lens Protocol multiplies innovations to attract more users. In January, for example, it launched a new feature to decrypt paid content. Lately he announced the deployment of Bonsai. This is’a scaling solution allowing Lens Protocol to become a social media staple.

Concretely, Bonsai is based on data availability. Thanks to Bonsai, Lens Protocol will be able to achieve censorship resistance for decentralized social media applications. The new solution also contributes to unlocking new forms of content monetization with NFTs as well as other crypto assets.

The new scaling solution enables Lens Protocol to help its users have full control over their personal data. For example, they can move profiles between applications.

Bonsai, the solution for processing large-scale transactions

Bonsai is a Lens Protocol scaling solution also designed to process large-scale transactions. More explicitly, it handles off-chain Polygon transactions. Result: it is now possible to process many transactions with minimal associated costs.

Such a solution will also optimize the transaction throughput rate. This is explained by the fact that Bonsai either a layer 3 network. Unlike a Layer 2 network, it does not compress data. It manages transactions through a data availability layer. A network is specifically intended to store transaction-related data.

Bonsai stands out as a revolutionary solution for decentralized social networks. Through its approach, Lens Protocol wants to help decentralized social networks face the various challenges they encounter on a daily basis. But not only ! It also aims for mass adoption by consumers.

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