• Lens Protocol is a new decentralized protocol that allows developers to build and deploy Web3 social apps.
• The protocol provides an alternative to conventional Web2 networks by allowing users to own and carry personal data across connected or integrated applications.
• Lens aims to provide an incentive for developers, content creators, and users by enabling human engagement across the internet while benefiting contributors and the wider ecosystem.
Lens Protocol
Lens Protocol is a new decentralized protocol built on Polygon featuring a technology stack that allows developers to build and deploy Web3 social apps, as well as allowing Web3 social features to be integrated with existing Web2 and mobile experiences. It provides an alternative to conventional web 2 networks by allowing users to own and carry personal data across connected or integrated applications.
Improved Functionality
The latest version of Lens Protocol has been released, introducing improved functionality to support new use cases and shared monetization for its growing Web3 user base. It features improved composability, configurability, and functionality compared with the previous version. This could power seamless connectivity of applications across blockchain and non-blockchain platforms.
Web3 Social Graph Architecture
Lens Protocol also has a social graph architecture which enables it’s around 119,000 Web 3 users in its beta access a unique set of features. Applications built on Lens can leverage this same audience which is key component of the protocol’s social graph architecture .This seeks to remove some risk associated with the “cold start” problem that developers face when launching new platforms, with ecosystem apps sharing user attention rather than competing against one another for it.
Aims & Benefits
The aim for Lens Protocol is for all applications be able to connect seamlessly across blockchain and non-blockchain applications whilst rewarding both individuals as well as collective shared network equally. By providing an incentive for developers, content creators, and users alike it encourages human engagement across the internet while benefiting contributors within the wider ecosystem too – creating a win-win situation where everyone can benefit from their efforts!
Conclusion
Overall,Lens Protocol looks set become an essential part of DeFi projects in 2021 due its unique ability enable diverse applications communicate together seamlessly whilst using fewer resources than traditional centralized networks . With Aave Companies already having released v 2 ,it will be interesting see how this platform develops over time seeing if it can live up its promise becoming go-to solution bringing together both blockchain non-blockchain platforms alike!