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Product updates
Lens Lab to launch layer-2 network for Web3 social media apps
Web3 Ecosystem
May 14, 2024
Older updates:
Funding
Lens Protocol raises USD 15 million in seed funding
Web3 Ecosystem
Jun 8, 2023
Partnerships
Lens Protocol launches scaling solution Bonsai
Web3 Ecosystem
Apr 26, 2023
Funding
Lens Protocol bags investment from FTX Ventures
Web3 Ecosystem
Nov 4, 2022
Web3 Ecosystem

Web3 Ecosystem

May 14, 2024

Lens Lab to launch layer-2 network for Web3 social media apps

Product updates

  • Lens Lab, the developer of Aave’s decentralized social media protocol, is set to launch Lens Network to support Web3 social media applications. The company will also host a new version of its decentralized social network, Lens Protocol, on this network.

  • Lens Network is a layer-2 protocol developed using Matter Labs’ modular ZK stack infrastructure and will support high-throughput and account abstraction for gasless and signless transactions.

  • The network will facilitate integrations with Ethereum Virtual Machine (EVM) and non-EVM compatible blockchains, enabling the development of Lens-based social applications across diverse networks.

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