bitcoin
Bitcoin (BTC) $ 95,643.63
ethereum
Ethereum (ETH) $ 3,329.07
tether
Tether (USDT) $ 0.999539
bnb
BNB (BNB) $ 657.80
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.24
binance-usd
BUSD (BUSD) $ 0.979924
dogecoin
Dogecoin (DOGE) $ 0.316781
cardano
Cardano (ADA) $ 0.895556
solana
Solana (SOL) $ 182.77
matic-network
Polygon (MATIC) $ 0.480079
polkadot
Polkadot (DOT) $ 6.98
tron
TRON (TRX) $ 0.246995
bitcoin
Bitcoin (BTC) $ 95,643.63
ethereum
Ethereum (ETH) $ 3,329.07
tether
Tether (USDT) $ 0.999539
bnb
BNB (BNB) $ 657.80
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.24
binance-usd
BUSD (BUSD) $ 0.979924
dogecoin
Dogecoin (DOGE) $ 0.316781
cardano
Cardano (ADA) $ 0.895556
solana
Solana (SOL) $ 182.77
matic-network
Polygon (MATIC) $ 0.480079
polkadot
Polkadot (DOT) $ 6.98
tron
TRON (TRX) $ 0.246995
More

    Avara to launch Lens Community on zkSync to develop on success of Lens Protocol

    Latest News

    Constructing on the success of Lens Protocol, Lens Lab, an entity below Avara, has introduced the Lens Community, a blockchain-based community geared toward reworking the way forward for social media interactions. Developed on the ZK Stack using zkSync know-how on Ethereum, the Lens Community is poised to deal with and overcome the prevalent scalability challenges confronted by blockchain applied sciences. It goals to match standard social networks’ person expertise whereas retaining web3’s distinctive options, corresponding to person possession and safe transactions.

    Per the announcement, the first objective of the Lens Community is to allow the broad adoption of web3 social functionalities by offering a sturdy infrastructure that may help new person experiences and monetization fashions. Stani Kulechov, the founding father of Avara, emphasised that the Lens Community would introduce a hybrid structure combining Validium and Volition with the ZK Stack on Ethereum, thereby scaling successfully and contributing to a extra open and honest web.

    Alex Gluchowski, co-founder and CEO of Matter Labs, highlighted the essential steadiness that the Lens Community goals to take care of between user-friendly interfaces and important parts like knowledge possession, freedom of speech, and transaction safety. The brand new community guarantees to empower builders with the pliability to construct various social purposes and help seamless integration with EVM and non-EVM blockchains.

    See also  Etherfuse Raises $3M to Deliver Rising Market Debt On-chain

    The rollout of the Lens Community will happen in three phases, beginning with a Validium that makes use of ZK compression methods on Ethereum to make sure strong knowledge accessibility. Subsequent phases will introduce separate Validium chains designed to cater to completely different social community use circumstances and ranges of privateness, ultimately culminating in a Volition community that blends rollups and Validium for enhanced safety and adaptability.

    Lens Labs additionally highlighted enhanced person empowerment, with options permitting customers extra management over their on-line presence and interplay modalities. The community helps current Lens Profiles and affords new minting choices on the Lens web site, guaranteeing customers can effortlessly keep or develop their digital identities.

    Christina Beltramini, a long-standing member of the Lens crew, expressed her enthusiasm in regards to the launch of the Lens Community. Reflecting on her journey, she acknowledged,

    “Becoming a member of the Lens crew over 2.5 years in the past, we got down to radically rework social media. Our objective was to advance the probabilities of social, however not by compromising on the basics of the blockchain and its potential. This has at all times been core to our imaginative and prescient.”

    Beltramini emphasised that the event of the Lens Community marks a big milestone in realizing its imaginative and prescient of a scalable, safe, and cost-effective blockchain-based social media answer that doesn’t sacrifice person expertise.

    See also  BlackRock’s Crypto Playbook: A Take a look at Funding Methods

    For extra detailed data on technical specs and the phased rollout plan, events can confer with the official weblog put up on t2, a weblog platform constructed on Lens Protocol.

    The launch of the Lens Community by Lens Lab below Avara marks a big step in direction of creating decentralized, user-centric social media platforms that provide scalability, safety, and person possession. This aligns with the broader imaginative and prescient of a extra accessible and equitable digital future.

    Talked about on this article

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Hot Topics

    Related Articles