Web3’s Social Graph Protocol Lens Protocol Renames Optimistic L3 Extension Solution Bonsai to Momoka for Expanding Transaction Processing
According to reports, the Web3 social graph protocol Lens Protocol has renamed the Optimistic L3 extension solution Bonsai to Momoka, aiming to expand transaction processing and su
According to reports, the Web3 social graph protocol Lens Protocol has renamed the Optimistic L3 extension solution Bonsai to Momoka, aiming to expand transaction processing and support the next generation of Web3 social users on a massive scale. Momoka has started testing the Lens ecosystem applications Lenster, Lenstube, orb, Butterfly, and Phaver.
Lens Protocol Renames Optimistic L3 Extension Scheme to Momoka
The Web3 social graph protocol Lens Protocol has recently renamed the Optimistic L3 extension solution Bonsai to Momoka. This move is geared towards expanding transaction processing and supporting the next generation of Web3 social users on a massive scale. Momoka has started testing the Lens ecosystem applications Lenster, Lenstube, orb, Butterfly, and Phaver.
What is Lens Protocol?
Lens Protocol is a Web3 social graph protocol that enables users to create meaningful connections and collaborate on an open decentralized platform. The platform provides users with the necessary tools and infrastructure to build and join communities, curate content, and communicate with other members of the decentralized ecosystem.
What is the Optimistic L3 extension solution Bonsai?
The Optimistic L3 extension solution Bonsai is a layer 2 scaling solution that helps to improve the efficiency of transactions on the Ethereum network. The Bonsai solution, which is an extension of the Lens Protocol, enables users to process transactions faster and at a lower cost on Ethereum.
Why was Bonsai renamed to Momoka?
Momoka was renamed from Bonsai in order to expand transaction processing and improve the scalability of the Lens ecosystem. The new name was chosen to reflect the platform’s vision of empowering the next generation of Web3 social users on a massive scale. This move is aimed at further improving the efficiency and processing capacity of transactions on the Lens Protocol.
How will Momoka expand transaction processing?
Momoka will expand transaction processing by providing users with faster transaction processing and lower costs. This is expected to lead to increased adoption of the Lens Protocol, which will create a more vibrant and active ecosystem. With improved transaction processing, more users can join the platform, adding to the overall value of the decentralized network.
Lens ecosystem applications being tested on Momoka
Momoka has started testing the Lens ecosystem applications Lenster, Lenstube, orb, Butterfly, and Phaver. These applications are designed to provide users with the necessary tools and infrastructure to create meaningful connections, join communities, curate content, and communicate with other members of the decentralized ecosystem.
Lenster is a social networking platform that enables users to connect with others and share their experiences and interests. Lenstube is a video-sharing platform that allows users to upload and share their videos. Orb is a decentralized banking platform that enables users to make transactions securely and efficiently. Butterfly is a messaging platform that allows users to communicate with others in a secure and decentralized manner. Phaver is a platform that enables users to curate content and share it with others in the decentralized ecosystem.
Conclusion
The Web3 social graph protocol Lens Protocol has renamed the Optimistic L3 extension solution Bonsai to Momoka in order to expand transaction processing and support the next generation of Web3 social users. The move is expected to lead to a more vibrant and active ecosystem, with increased adoption of the platform. As Momoka continues its testing phase, users can expect more features and improvements to be rolled out in the near future.
FAQs
1. What is Lens Protocol?
Lens Protocol is a Web3 social graph protocol that enables users to create meaningful connections, collaborate and communicate with others in a decentralized ecosystem.
2. What is the Optimistic L3 extension solution Bonsai?
The Optimistic L3 extension solution Bonsai is a layer 2 scaling solution that optimizes transaction processing on the Ethereum network.
3. What are the Lens ecosystem applications being tested on Momoka?
Lenster, Lenstube, orb, Butterfly, and Phaver are the Lens ecosystem applications being tested on Momoka.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/19364/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
What does it mean to short gold in London (London gold position limit)?
What does it mean to short gold in London? What does it mean to short gold in L
-
FDIC Enters First Republic Bank Site Amid Accelerated Bank Run
On March 12, Mike Alfred, the founder and managing partner of Alpine Fox LP, revealed on social media that the Federal Deposit Insurance Corporation (FDIC) of the United States has entered the First Republic Bank site to try to determine the best way to protect depositors. Considering the accelerated bank run that has reached the critical point, things are developing much faster than expected. The US FDIC has settled in First Republic Bank, and the bank’s capital wire transfer transaction has been stopped Analysis based on this information:The founder and managing partner of Alpine Fox LP, Mike Alfred, recently took to social media to share a concerning update about the First Republic Bank. According to him, the Federal Deposit Insurance Corporation (FDIC) of the United States has entered the bank’s site to determine the best way to protect depositors amidst the ongoing bank run. This is a red flag for both the bank and its customers, as it suggests that…
-
USDC Anchoring Status Expands Despite 7.2% Drop
It is reported that the US dollar stable currency (USDC) has continued to expand its anchoring status. According to CoinGecko data, the current USDC has droppe…
-
Arrest of Terraform Labs Co-Founder Do Kwon in Montenegro
On March 23, the Minister of Internal Affairs of Montenegro, Filip Adzic, announced on his social platform that Terraform Labs co founder Do Kwon had been arrested in Montenegro.
T -
Warning against fake Damus app in Google Play Store
On February 17, the third party client of the Nostr protocol, Damus, said on Twitter: \”Damus in the Google Play store is not our application. This is a scam an…
-
A New Interim Report Highlights Security Issues in the FTX Bankruptcy Saga
According to reports, a new interim report in the ongoing FTX bankruptcy saga depicts the level of insecurity of the exchange\’s assets and provides more details about the company\’s
-
OKX Web3 Wallet to Complete Access Within 24 Hours After zkSync 2.0 Main Network Launch
On March 22, it was announced that in order to support the development of the new public chain and promote the prosperity of the multi-chain ecosystem, OKX Web3 Wallet will take th
-
KRAFTON and Naver Z to Form Joint Venture in North America
According to reports, game developer KRAFTON and South Korean internet giant Naver\’s metaverse unit Naver Z will form a new joint venture in North America. The two companies will i
-
NFTGo officially launched the NFT rarity model, GoRarity, and opened up core algorithms
On March 30, according to official news, NFTGo recently announced that it has fully opened source and developed its own rarity algorithm, GoRarity, on Github, to provide Web3 devel
-
Blockchain concepts stocks rose in the US stock market, driven by the price of virtual currency
According to reports, driven by the price of virtual currency, blockchain concept stocks in the US stock market rose generally, Hut 8 Mining rose by over 6%, Riot Platforms and Mar
-
DigiDaigaku to Launch Free NFT Factory with Bitcoin Node Set-Up
On February 16, Gabriel Leydon, CEO of Limit Break, the parent company of DigiDaigaku, tweeted that the limit break bitcoin node was being set up. DigiDaigaku …
-
What does dpos and BFT mean (what does dpf mean)?
dpos and BFT mean what? According to dpos and BFT, DPOS is a decentralized distr
-
Platypus to Repay Users After Recovering Stolen Funds
It is reported that Platypus, the DeFi agreement, said in a blog post that it would repay users at least 63% of the funds after successfully recovering part of…
-
What does the snapshot of the forked coin mean (chia forked coin)?
What does the snapshot of the forked coin mean? The snapshot of the forked coin
-
Dispute Over Clause in Sale of Digital Assets from Voyager Digital to Binance.US
On March 15th, US officials wanted to remove a clause contained in Voyager Digital’s plan to sell its digital assets to Binance.US, which would prevent them from legally pursuing anyone involved in the sale. In a motion filed in the New York Bankruptcy Court on March 14th, the United States trustee, William Harrington, and other government lawyers argued that the court improperly exceeded its statutory powers in approving a pardon. They asked the court to defer approval of the sale for two weeks in order for them to file an appeal. US officials want to remove the exemption clause protecting their executives from the proposed sale of Voyager assets Analysis based on this information:On March 15th, the United States officials raised an issue over a clause present in the plan of Voyager Digital to sell its digital assets to Binance.US. The clause in question would have prevented the US government from legally pursuing anyone involved in the sale of digital…
-
Hot Fix Version v4.0.2-rc.0 Released for Ethereum Client Lighthouse to Address CPU Usage Issue
On April 13th, it was reported that the Ethereum client Lighthouse has released a hot fix version v4.0.2-rc.0, which addresses the issue of high CPU usage after Capella upgrade. It