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.
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