The Launch of Momoka: What You Need to Know
The team behind Lens, a blockchain protocol aimed at revolutionizing social media, has just unleashed a game-changing solution named Momoka. Announced on April 26, this innovative network is designed to process and store all the juicy posts, comments, and shares, relieving the burden on the Polygon network. Yes, folks! This means we might finally get to see blockchain social media apps take off without crashing into digital walls. Talk about a breath of fresh air!
Understanding Lens and Its Vision
So, what’s the deal with Lens? At its heart, Lens allows users to build a portable “social graph.” Think of it as a digital web of connections that can be carried across various apps built on the protocol. If you connect with someone on one Lens-enabled app, you’re essentially able to transfer that connection to any other Lens app. Currently, a whopping 17 different Lens apps exist, including intriguing names like Buttrfly and Lenstube. Unfortunately, none of these have yet hit Facebook fame, but we’re hopeful!
The Hard Truth: Why Lens Needed Momoka
According to the tech wizards behind Lens, the current Polygon network simply can’t handle the sheer volume of transactions generated by large-scale social media platforms. Examples? Well, a shared blockchain can manage around 200 transactions per second (TPS). In comparison, the old Lens setup? A mere 40 to 50 TPS. Meanwhile, our old friend Twitter is over there flexing with a staggering 25,000 TPS during peak times. Talk about a wake-up call!
How Momoka Works: The Technical Nitty-Gritty
Momoka has positioned itself as an L3 layer on the Ethereum network, making it a sweet layer 2 solution for Polygon. Utilizing Bundlr—a decentralized storage platform on Arweave—Momoka aims to store large files seamlessly while verifying transactional data. The network operates with three distinct types of nodes:
- Submitters: These guys validate transactions and send them off to Bundlr.
- Verifiers: Think of them as the watchdogs ensuring everything submitted is legit.
- Timestamps: They ensure every piece of data is tagged accurately with the right block number and timestamp.
This meticulous system is designed to provide users with the speedy experience of social networks—because who wants to wait ages for a post to load?
The Future: Decentralized Social Media Gains Traction
Eyeballing the bigger picture, Stani Kulechov, the founder of Lens Protocol, believes Momoka will pave the way for widespread adoption of Web3 social apps. Kulechov boldly states, “To be competitive with Web2, decentralized social must scale.” With Momoka’s capacity to support mass consumer use, we might be approaching a wave of innovation that brings fresh, exciting features and business models to the table.
Although we’ve seen several attempts at launching decentralized social media platforms such as Lens and DeSo, none have quite matched the acclaim of our beloved Web2 giants. But hold onto your hats, because decentralized social media just might be the next frontier in crypto, and we’re all here for the ride!