The creators of Lens Protocol have introduced a beta version of Bonsai, a blockchain scaling solution, as the blockchain-based social media project gears up to handle an increased volume of transactions for users of Lens-based decentralized apps.
Aave Companies (CRYPTO: AAVE), the development firm responsible for Lens Protocol, announced that Bonsai was specifically engineered to facilitate the scaling of decentralized social media applications, enabling the processing of numerous transactions with minimal associated costs.
Scalability is a significant issue for decentralized social media, as such products are both data-intensive and involve a high throughput of transactions. Blockchains typically struggle with both of these issues. The team built Bonsai in response.
Lens' new scaling solution relies on data availability
Lens Protocol aims to achieve censorship resistance for social media apps and help them unlock new forms of content monetization with NFTs, as well as other crypto assets. These include apps such as Lenster, Lens Booster, Phaver, Lenstube, LensPort, Memester and others.
To help such apps scale to a large number of users, Bonsai will optimize cost and scalability by batching transactions into off-chain data availability layers for storage, avoiding the limitations of block space on Ethereum and other blockchains, Aave explained in a press release. Bonsai will also allow developers and users to store select transactions off-chain in such a way that they remain accessible and verifiable, the team said.
Similar to existing scaling solutions, Bonsai will process most transactions off-chain, relying on a data-availability layer. Additionally, it will have a verifier component to help validate user transactions on-chain. Data availability is essential for scaling solutions like Bonsai because it ensures that off-chain data remains accessible and verifiable when needed for on-chain settlement, dispute resolution or audits.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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