Lens Protocol has begun migrating protocol data to the new Lens V2 version, a process that requires 20 million transactions and will take about two weeks to complete.
Stani Kulechov, founder of the decentralized protocol Aave and Lens Protocol, said on social media that the new version of the Web3 social protocol is designed to optimize the experience for both developers and users.
Lens V2 launches a new technology stack to create decentralized social experiences with Greater speed and scalability, Assured.
Esta new version of the protocol for building decentralized social networks was introduced by the team in mid-July, highlighting its ability to provide greater composability and configurability that will allow developers to build new native Web3 social applications.
The goal behind the development of Lens V2 is to expand the capabilities of the social protocol to optimize the construction of innovative projects, offering new monetization models and more engaging consumer-oriented experiences.
Lens Protocol is known in the blockchain world as the social layer for Web3. Lens applies the principles of blockchain technology and the decentralized web to traditional social media to redefine its foundations and ensure digital ownership, ownership, and freedom for creators and users.
A journey towards the next generation of the social web
Lens V2 integrates a series of improvements that seek to pave the way to offer application developers a more open, composable and easy-to-use ecosystem and, for users, a higher level of security, as well as new monetization and shared value opportunities that allow them to enrich their experience on the new Internet.
To consolidate this objective, the developers They started the transition to the Lens V2 mainnet yesterday, October 30th..
According to the roadmap shared by the team, the migration process would start with simulating the updates in their test environment. Then, the Lens V2 API would be implemented and then the migration to Lens V2 would begin.
Due to significant changes made to the Lens code for this new version, app developers were required to perform a number of procedures specified in the guideHowever, on the user side, the Lens Protocol development team clarified that no action was required to enjoy the new version of the decentralized social protocol.
“The entire Lens V2 codebase has been rewritten, refactored, and optimized… Migrating to the Lens V2 API alone means you’ll get at least 2x the speed and a more scalable system.”
On the other hand, to complete the migration of data on the chain, around 20 million transactions are required, the team said.
The transition to the main network of Lens V2 will be completed between November 3-12Then, three months later, the protocol's development team will take the Lens V1 API offline, which will stop accepting new data as of Monday and will remain in read-only mode until January 30 of next year.
With the implementation of Lens V2, Lens developers want to embrace innovation to produce a fundamental change that results in the construction of a more open and adaptable social environment, sharing the principles and values of Web3.
Lens daily activity has declined substantially since the peak seen in April, when user activity exceeded 50.000 publications up to date.
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