Ethereum

Polygon

Notable

Decentralized Social

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/lens-lab-develops-lens-network-for-decentralized-social-media/" data-wpel-link="internal">Lens Lab Develops Lens Network for Decentralized Social Media</a> 
Web3 project Avara’s component and the main developer of the decentralized social media application Lens Protocol, Lens Lab, proposed the development of its own <a href="https://en.coin-turk.com/ethereum-technical-analysis-important-levels-to-watch-2/" data-wpel-link="internal">Ethereum</a> Virtual Machine compatible Layer-2 network, Lens Network. Lens Network will serve as an EVM-compatible Validium network developed using zkSync’s ZK Stack Layer-2 development roll-up. 
<h2 class="p1" style="text-align: justify" id="what-to-expect-for-lens-network">What to Expect for Lens Network?</h2> 
Lens Network transition will occur in three stages: starting with a Validium network on Ethereum. This step will be followed by the introduction of a <a href="https://newslinker.co/" data-wpel-link="exclude">data</a> availability provider and finally the integration of Volition to enhance security and user control over transactions. 
Validium and Volition are known as blockchain scaling solutions using zero-knowledge (ZK) proofs but with different security assumptions. Avara’s founder Stani Kulechov shared the following statements on the subject: 
<blockquote> 
 “Lens Network creates a hybrid architecture combining Validium and Volition with the ZK Stack on Ethereum. This will not only scale but also make the internet more open and fair.” 
</blockquote> 
So far, the project has been using the Polygon POS network for transactions and had previously developed its own scaling solution called Momoka. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-351604" src="https://coin-turk.com/wp-content/uploads/2024/05/lens.png" alt="" width="500" height="355"> 
<h2 class="p1" style="text-align: justify" id="notable-details-for-lens">Notable Details for Lens</h2> 
Lens is defined as a social graph representing decentralized and user-owned connections and relationships between individuals and entities. NFTs serving as user profiles allow users to interact with decentralized applications within its ecosystem. The design of Lens-based dapps successfully prevents any entity from having control over the content. 
Lens Network will power a new version of the Lens Protocol, serving as a central hub for Lens users. This hub will seamlessly integrate with other EVM and non-EVM blockchain networks. 
Although Lens Protocol has recently made notable strides, it continues to be a target of criticism from the community. The processes handled by the team have been frequently criticized by the airdrop-focused community, leading to a decrease in the number of users within the ecosystem. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/lens-lab-develops-lens-network-for-decentralized-social-media/" data-wpel-link="internal">Lens Lab Develops Lens Network for Decentralized Social Media</a></h5>

Lens Lab Develops Lens Network for Decentralized Social Media

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