Phase 2: Grow - Introducing the DA Provider
In Phase 2, Lens Network creates separate and synchronous public and private Validium chains to support various social network use-cases with variable levels of private and public interactions. The public Validium chain uses a data availability (DA) provider to guarantee the security of public state data. The private transactions within the private Validium relies on a self-secured system where the private Validium’s DA keeps underlying data at the discretion of the user. These transactions are verified by preparing batches of proofs submitted to the Ethereum blockchain for verification without the data being revealed publicly.
Phase 3: Bloom - Full Circle with Volition
Phase 3 boosts security and user control for transactions through the combination of ZK rollup and Validium technologies. The main change is that Ethereum will secure financial transactions within the public rollup component. Users can choose to secure financial transactions, more securely with Ethereum DA while opting to secure social transactions on Validium that settles on to a separate DA location. Private transactions for private use cases are handled on a separate instance. Later, Lens Network will implement more advanced verification techniques using ZK proofs without users requiring to reveal additional data they own by posting ZK proofs.