🔥 One of the leading web3 & crypto narratives for 2023 is the rise of decentralized social networks and the Lens Protocol is a clear leader! 🔥
🚀 Lens is a decentralized social network protocol on Polygon, founded by Stani Kulechov, who is also the founder of the leading DeFi lending protocol called Aave.
🤖 Lens is a Polygon-based, open-source social graph for developers to create Web3 social network platforms & profiles, and enables content creators to own their content wherever they go.
💻 Lens overcomes the disadvantages of Web2 social networks where all data is stored with a centralized company and not owned by the user.
💡 The main challenge for decentralized social networks is to ensure that users have control over their content, while still being just as user-friendly as traditional social networks.
✅ Lens just released an upgrade called Momoka, that addresses the scaling challenges of decentralized social networks and makes the future of decentralized social possible.
Here is what you need to know about Momoka 👇:
1️⃣ Momoka is an Optimistic L3 hyper-scaling solution, designed to support the next generation of Web3 social users.
2️⃣ Momoka is a scaling solution that processes Polygon transactions off-chain, achieving hyper-scale and reducing costs. Momoka doesn't compress transactions into Polygon, but it sends and stores them on a data availability layer.
3️⃣ Data availability layers prevent storing information on-chain. While the content on Lens may include an on-chain transaction, the content data is linked to a data availability location.
4️⃣ Lens team has built the Momoka Explorer (momoka.lens.xyz) to track and find Momoka transactions and to monitor the throughput speed of Momoka.
😍 I couldn’t be more excited about Lens and I can’t wait to see the growth of the decentralized social networks and applications!
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