The creators of the Lens Protocol have introduced a beta version of Bonsai, a blockchain scaling solution, as the blockchain-based social media project prepares to handle an increased volume of transactions for users of Lens-based decentralized apps.
Aave Companies (CRYPTO: AAVE), the development firm responsible for the Lens Protocol, announced that Bonsai was specifically developed to facilitate the scaling of decentralized social media applications, enabling the processing of a large number of transactions with minimal associated costs.
Scalability is a significant problem for decentralized social media, as such products are both data-intensive and involve a high throughput of transactions. Blockchains typically struggle with both of these issues. The team built Bonsai in response.
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“To be competitive with web2, decentralized social platforms must scale. With the ability to support mass consumer adoption, we will see continued web3 innovation – new, exciting and compelling features and business models that will drive web3 adoption,” said Stani Kulechov, Managing Director director of Aave and founder of Lens Protocol. “Bonsai provides hyper-scalability that supports blockchain’s core values and guarantees, delivering secure, fast and cost-effective scalability.”
The Lens Protocol is a social graph that offers a software stack to build decentralized competitors to social media giants like Twitter and Facebook. Launched on Polygon in May 2022, there are over 110,000 social media profiles and hundreds of applications on Lens.
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Len’s new scaling solution relies on data availability
The Lens Protocol aims to achieve censorship resistance for social media apps and help them unlock new forms of content monetization with NFTs as well as other crypto assets. These include apps like Lenster, Lens Booster, Phaver, Lenstube, LensPort, Memester and others.
To help such apps scale to large numbers of users, Bonsai will optimize cost and scalability by pooling transactions in off-chain data availability layers for storage, avoiding the limitations of block space on Ethereum and other blockchains, Aave explained in a press release. Bonsai will also allow developers and users to store selected transactions off-chain in such a way that they remain accessible and verifiable, the team said.
Like existing scaling solutions, Bonsai will process most transactions off-chain, relying on a data availability layer. Additionally, it will have a verification component to help validate user transactions on the chain. Data availability is critical to scaling solutions like Bonsai because it ensures that off-chain data remains available and verifiable when needed for on-chain resolution, dispute resolution, or audits.
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