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Lens released a beta version of its blockchain scaling solution, Momoka, to address the concerning issue of scalability for decentralized social media platforms.
Scaling Solutions For Web3 Social
Lens Protocol, a Web3 social graph, has announced the launch of Momoka, a new scaling solution designed to improve the user experience and facilitate mass adoption. Aave, the development firm responsible for the Lens Protocol, addressed the need to provide a seamless social media experience for its users by increasing scalability and reducing transaction costs.
Since shared blockchain networks can only process up to 200 transactions per second (TPS) and a major social media platform like Twitter often reaches 25,000 TPS during peak hours, it was necessary to launch a scalability solution that would help blockchain networks to up the game.
Momoka is an Optimistic Layer-3 (or a Polygon Layer-2) scaling solution that will process transactions at hyperscale and is designed to support the next generation of social media users. The solution also enables the processing of transactions at a much lower cost, making the platform more accessible to users with different financial capabilities.
Aave’s Bid For Scalability
Blockchain-based social media platforms are gaining rapid popularity as they are a preferable alternative to centralized social media platforms for many users. The latter has come under scrutiny in recent years due to their subpar standards of data privacy and overall impact on society.
These blockchain-based social media platforms need scalability solutions to achieve censorship resistance and unlock content monetization schemes. Momoka can store and process transactions off-chain to optimize cost and improve scalability while also keeping the data easily accessible and verifiable. It is, therefore, a prime time for Lens Protocol and its scalability solutions to become a leading player in the blockchain-based social media space.
Disclaimer: 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.