Immutable

<h4><b>Lens Protocol wants to operate on the same level as <a href="https://www.altcoinbuzz.io/?s=Immutable+X" target="_blank" rel="noopener">Immutable X</a> and Sorare.</b></h4> 
<p>To get to the same level as these projects, it has launched its chain as a validium.<span style="font-weight: 400;">&nbsp;</span><span style="font-weight: 400;">Lens Protocol uses Validium and Volitions to upgrade its protocol. Read on to better understand them. But first, let’s see more about the Lens Network.&nbsp;</span></p> 
<h5><b>Lens Protocol</b></h5> 
<p><span style="font-weight: 400;">This Protocol</span><span style="font-weight: 400;"> stirred a lot of attention with the announcement of Lens Network. </span><a href="https://github.com/lens-protocol/LIPs/pull/54" target="_blank" rel="noopener"><span style="font-weight: 400;">Lens network</span></a><span style="font-weight: 400;"> is Lens Protocol’s chain built on </span><a href="https://x.com/zksync?s=21" target="_blank" rel="noopener"><span style="font-weight: 400;">Zksync’s</span></a><span style="font-weight: 400;"> ZK Stack framework. It is building its chain to support future development. So, the Lens Networks chain will operate as a </span><a href="https://ethereum.org/en/developers/docs/scaling/validium/" target="_blank" rel="noopener"><span style="font-weight: 400;">Validium layer 2</span></a><span style="font-weight: 400;"> solution. Here are some stats:</span></p> 
<p><img decoding="async" class="wp-image-141543 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vbcvbnmnhj-252x300.jpg" alt="" width="426" height="507" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vbcvbnmnhj-252x300.jpg 252w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vbcvbnmnhj-353x420.jpg 353w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vbcvbnmnhj.jpg 392w" sizes="(max-width: 426px) 100vw, 426px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/sealaunch_/status/1791027574597935313" target="_blank" rel="noopener">X</a></strong></h6> 
<p><span style="font-weight: 400;">It would later transition to a Volition after some time. Let’s examine what Validiums and Volitions are.</span></p> 
<h5><b>What are Validiums?</b></h5> 
<p><a href="https://ethereum.org/en/developers/docs/scaling/validium/" target="_blank" rel="noopener"><span style="font-weight: 400;">Validiums</span></a><span style="font-weight: 400;"> are a layer 2 blockchain solution that improves a blockchain network’s scalability and efficiency. They confirm transactions with </span><a href="https://ethereum.org/en/developers/docs/scaling/zk-rollups/" target="_blank" rel="noopener"><span style="font-weight: 400;">ZKPs</span></a><span style="font-weight: 400;"> while still maintaining user privacy. Validium stores data off-chain using the </span><a href="https://www.alchemy.com/overviews/data-availability-layer" target="_blank" rel="noopener"><span style="font-weight: 400;">Data availability layer</span></a><span style="font-weight: 400;">.</span></p> 
<h5><b>Benefits of Validiums</b></h5> 
<ul> 
 <li aria-level="1"> <h6><b><i>Fast transaction</i></b></h6> </li> 
</ul> 
<p><span style="font-weight: 400;">Validiums processes billions of transactions with speed. So, Lens Protocol upgraded its protocol with Validiums for faster interactions.</span></p> 
<ul> 
 <li aria-level="1"> <h6><b><i>Security</i></b></h6> </li> 
</ul> 
<p><span style="font-weight: 400;">Validium boasts of a secure network. It utilizes ZKPs to provide an extra layer of protection.</span></p> 
<ul> 
 <li aria-level="1"> <h6><b><i>Perfect for specific financial applications</i></b></h6> </li> 
</ul> 
<p><span style="font-weight: 400;">Validium is perfect for socialfi and Gamefi apps. It can handle many transactions. In the crypto community, people pay attention to transaction speed and security. And Validium posing is a fast and secure solution that makes transactions efficient.</span></p> 
<p><img decoding="async" class="wp-image-141544 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/cvxvcgfhjgkuuio-255x300.png" alt="" width="448" height="527" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/cvxvcgfhjgkuuio-255x300.png 255w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/cvxvcgfhjgkuuio-357x420.png 357w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/cvxvcgfhjgkuuio.png 391w" sizes="(max-width: 448px) 100vw, 448px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/zksync/status/1790465756137689285" target="_blank" rel="noopener">X</a></strong></h6> 
<h5><b>What are Volitions?</b></h5> 
<p><a href="https://celestia.org/glossary/volition/#:~:text=A%20zero-knowledge%20rollup%20with,chain,%20to%20a%20separate%20environment." target="_blank" rel="noopener"><span style="font-weight: 400;">Volitions</span></a><span style="font-weight: 400;"> are a </span><a href="https://hackernoon.com/an-in-depth-guide-to-hybrid-layer-2-protocols-oo613122"><span style="font-weight: 400;">hybrid layer 2</span></a><span style="font-weight: 400;"> blockchain solution. It combines the exceptional features of </span><span style="font-weight: 400;">ZK rollups</span><span style="font-weight: 400;"> and validiums. </span><span style="font-weight: 400;">This h</span><span style="font-weight: 400;">ybrid L2</span><span style="font-weight: 400;"> blockchain solution integrates features from different </span><span style="font-weight: 400;">L2</span><span style="font-weight: 400;"> technologies. It creates a flexible network.</span></p> 
<p><span style="font-weight: 400;">ZK rollups</span><span style="font-weight: 400;"> confirm transactions and store data on-chain using ZKPs. </span><span style="font-weight: 400;">Validium</span><span style="font-weight: 400;"> utilizes ZKPs and DA layers to store transaction data off-chain. Volitions allow you to decide whether to store transactions off-chain or on-chain.</span></p> 
<h5><b>Benefits of Volitions</b></h5> 
<ul> 
 <li aria-level="1"> <h6><b><i>Customizable Transaction Settings</i></b></h6> </li> 
</ul> 
<p><span style="font-weight: 400;">You can store the transaction data on-chain or off-chain. It would be safer to store sensitive transaction information on-chain. You can also store your regular transactions off-chain to improve transaction speed on-chain.</span></p> 
<ul> 
 <li aria-level="1"> <h6><b><i>Great for complex applications</i></b></h6> </li> 
</ul> 
<p><span style="font-weight: 400;">Complex applications and those handling many transactions would find Volitions helpful. With Volitions, they can improve their performance and security. Volitions are versatile, allowing on-chain or off-chain data storage. Let’s look into what Lens Network aims to achieve with its chain.</span></p> 
<p><img decoding="async" class="wp-image-141545 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/cxsdawdweqrteytuui-246x300.jpg" alt="" width="433" height="529" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/cxsdawdweqrteytuui-246x300.jpg 246w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/cxsdawdweqrteytuui-345x420.jpg 345w" sizes="(max-width: 433px) 100vw, 433px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/BanklessHQ/status/1793335123200426079" target="_blank" rel="noopener">X</a></strong></h6> 
<h5><b>More About Lens Network</b></h5> 
<p><span style="font-weight: 400;">Lens Network</span><span style="font-weight: 400;"> aims to bring one billion users to Ethereum. It seeks to achieve this by creating an open and fair social network that doesn’t restrict users.&nbsp;</span><span style="font-weight: 400;">So, what’s Lens Network’s scaling strategy?&nbsp;</span></p> 
<p><span style="font-weight: 400;">It launched with Validium and will evolve with Volition. It is experimenting with </span><span style="font-weight: 400;">ZK rollups</span><span style="font-weight: 400;"> to create a more efficient network.&nbsp; </span><span style="font-weight: 400;">That’s not all. Lens Network also improved the user and developer experience. </span><span style="font-weight: 400;">It’s important to mention that there are no transaction charges, and the transaction speed is second to none. Volitions have an embedded wallet support feature.</span></p> 
<p><img decoding="async" class="wp-image-141546 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vcxvffdgef-257x300.jpg" alt="" width="461" height="538" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vcxvffdgef-257x300.jpg 257w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vcxvffdgef-359x420.jpg 359w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/vcxvffdgef.jpg 386w" sizes="(max-width: 461px) 100vw, 461px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/LensProtocol/status/1795069024801349858" target="_blank" rel="noopener">X</a></strong></h6> 
<p><span style="font-weight: 400;">So, integrating Validiums and Volitions in the Lens protocol makes it a scalable hub. They increase the Lens protocol’s ability to handle many transactions without network issues. Once the Lens network is out, you can choose your transaction type.</span></p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone size-full wp-image-123700" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg" sizes="(max-width: 1197px) 100vw, 1197px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner.jpg 1197w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1068x132.jpg 1068w" alt="" width="1197" height="148"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/what-are-validiums-and-volitions-in-lens-protocol/">What are Validiums and Volitions in Lens Protocol?</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

What are Validiums and Volitions in Lens Protocol?

Altcoin Buzz

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