The post Ethereum’s Vitalik Buterin Going All-In on Decentralized Social Media as Farcaster, Lens Change Hands appeared on BitcoinEthereumNews.com. In brief EthereumThe post Ethereum’s Vitalik Buterin Going All-In on Decentralized Social Media as Farcaster, Lens Change Hands appeared on BitcoinEthereumNews.com. In brief Ethereum

Ethereum’s Vitalik Buterin Going All-In on Decentralized Social Media as Farcaster, Lens Change Hands

In brief

  • Ethereum founder Vitalik Buterin is committing to decentralized social media in 2026, encouraging others to explore the space more intentionally.
  • His words come amid major shakeups in the ecosystem as both Lens Protocol and Farcaster found new owners in the last two days.
  • Buterin insists the future of decentralized social media should be run by people focused on “social,” and not speculative financial instruments.

Ethereum founder Vitalik Buterin said he’s moving fully back to decentralized social media platforms in 2026, with his words coming right as the two biggest players in the space—Farcaster and Lens Protocol—have changed hands.

In an X post, the outspoken founder highlighted the need for better mass communication tools, calling for a move beyond “everyone constantly tweeting inside a single global info warzone.”

“We need mass communication tools that serve the user’s long-term interest, not maximize short-term engagement,” said Buterin. “There is no simple trick that solves these problems. But there is one important place to start: more competition.” 

“Decentralization is the way to enable that: a shared data layer, with anyone being able to build their own client on top,” he added. 

Buterin’s remarks came after Lens Protocol, the social platform built by the development team behind Ethereum DeFi protocol Aave, announced on Tuesday that Mask Network would “steward the next chapter” for the decentralized protocol. 

On Wednesday, Farcaster made a similar announcement, detailing that its protocol smart contracts, code, the Farcaster app, and its acquired token launchpad, Clanker, will all be transferred to Neynar—a longstanding Farcaster client and infrastructure firm.

“This wasn’t an easy decision. Farcaster and the people building on it mean a lot to us,” posted Farcaster co-founder Dan Romero on X. “We’re proud of what our team built, and what the community built alongside us. But after five years, it’s clear Farcaster needs a new approach and leadership to reach its full potential.” 

That new approach will come less than two years after the platform raised $150 million in a Series A which valued the company at $1 billion and sought to expand its active user base and developer primitives. Farcaster’s team recently said that it would pivot focus towards wallet development after the “social-first” approach failed to maintain momentum.

While neither platform currently has a native token of its own, Buterin claims that most crypto social projects have inserted something speculative and considered it innovative.

“Too often, we in crypto think that if you insert a speculative coin into something, that counts as ‘innovating,’ and moves the world forward,” he posted. The real focus though, he said, should be on solving for the actual social aspect of social media.

“Decentralized social should be run by people who deeply believe in the ‘social’ part, and are motivated first and foremost by solving the problems of social,” Buterin added.

For the new leaders of Lens, that means a focus on “consumer-grade execution, product design, and global distribution.” For Farcaster, it is a new “builder-focused vision” that is expected to be shared soon. In both instances, the original teams will step away from day-to-day operations.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/355335/ethereum-vitalik-buterin-decentralized-social-media-farcaster-lens-change-hands

Market Opportunity
MASS Logo
MASS Price(MASS)
$0.0003223
$0.0003223$0.0003223
+3.73%
USD
MASS (MASS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push

China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push

TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.
Share
Coincentral2025/09/18 01:09
The Japanese House of Representatives has been formally dissolved.

The Japanese House of Representatives has been formally dissolved.

PANews reported on January 23 that, according to CCTV, the Japanese Diet opened and the House of Representatives held a plenary session. Speaker Fukushiro Nukaga
Share
PANews2026/01/23 12:08