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

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

OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

PANews reported on September 17th that on-chain sleuth ZachXBT tweeted that OpenVPP ( $OVPP ) announced this week that it was collaborating with the US government to advance energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the response. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.
Share
PANews2025/09/17 23:58
Crypto ETFs see biggest exit since November – Assessing the $1.7B drain!

Crypto ETFs see biggest exit since November – Assessing the $1.7B drain!

The post Crypto ETFs see biggest exit since November – Assessing the $1.7B drain! appeared on BitcoinEthereumNews.com. Crypto markets absorbed a notable $1.7 billion
Share
BitcoinEthereumNews2026/02/01 15:36
Solana’s (SOL) Recent Rally May Impress, But Investors Targeting Life-Changing ROI Are Looking Elsewhere

Solana’s (SOL) Recent Rally May Impress, But Investors Targeting Life-Changing ROI Are Looking Elsewhere

The post Solana’s (SOL) Recent Rally May Impress, But Investors Targeting Life-Changing ROI Are Looking Elsewhere appeared on BitcoinEthereumNews.com. Solana’s (SOL) latest rally has attracted investors from all over, but the bigger story for vision-minded investors is where the next surges of life-altering returns are heading.  As Solana continues to see high levels of ecosystem usage and network utilization, the stage is slowly being set for Mutuum Finance (MUTM).  MUTM is priced at $0.035 in its fast-growing presale. Price appreciation of 14.3% is what the investors are going to anticipate in the next phase. Over $15.85 million has been raised as the presale keeps gaining momentum. Unlike the majority of the tokens surfing short-term waves of hype, Mutuum Finance is becoming a utility-focused choice with more value potential and therefore an increasingly better option for investors looking for more than price action alone. Solana Maintains Gains Near $234 As Speculation Persists Solana (SOL) is trading at $234.08 currently, holding its 24hr range around $234.42 to $248.19 as it illustrates the recent trend. The token has recorded strong seven-day gains of nearly 13%, far exceeding most of its peers, as it is supported by rising volume and institutional buying. Resistance is at $250-$260, and support appears to be at $220-$230, and thus these are significant levels for potential breakout or pullback.  However, new DeFi crypto Mutuum Finance, is being considered by market watchers to have more upside potential, being still in presale.  Mutuum Finance Phase 6 Presale Mutuum Finance is currently in Presale Stage 6 and offering tokens for $0.035. Presale has been going on very fast, and investors have raised over $15.85 million. The project also looks forward to a USD-pegged stablecoin on the Ethereum blockchain for convenient payments and as a keeper of long-term value. Mutuum Finance is a dual-lending, multi-purpose DeFi platform that benefits borrowers and lenders alike. It provides the network to retail as well as…
Share
BitcoinEthereumNews2025/09/18 06:23