October 3, 2025 | 10:03Farcaster, a decentralized social protocol, has introduced Solana address verification, enhancing security and accessibility without relying on centralized authorities. The seamless integration simplifies development efforts, fosters user trust, and paves the way for a more secure and interconnected decentralized future. However, scalability, security, and user adoption challenges remain considerations for the evolving decentralized ecosystem.
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Ethereum Co-Founder Questions Simplicity of Layer 1 Blockchain Over Layer 2
Vitalik Buterin, co-founder of Ethereum, questions the emphasis on simplicity in Layer 1 blockchains over Layer 2 solutions, expressing concerns about bug risks in the latter. He proposes integrating advanced features into Layer 1 to reduce the complexity of Layer 2, highlighting the potential financial losses associated with bugs in Layer 2 networks. Additionally, Buterin discusses the categorization of Layer 2 solutions into rollups and validiums, emphasizing the trade-offs between security and scalability.
read moreCoinbase Commerce Upgrades Payment Protocol, Retains Shiba Inu, Removes Bitcoin
Coinbase Commerce has upgraded its payment product, removing Bitcoin and Dogecoin while retaining Shiba Inu due to its EVM compatibility. The new protocol leverages the Ethereum Virtual Machine, allowing merchants to send and receive assets across Ethereum, Polygon, and the Coinbase-backed Base network. Additionally, Shiba Inu’s alignment with Ethereum’s interoperability approach and the launch of Shibarium demonstrate its commitment to mainstream adoption and longevity in the cryptocurrency industry.
read moreCoinbase Commerce Removes Support for Native Bitcoin and UTXO Coins
Coinbase Commerce has removed support for native Bitcoin and other UTXO coins, citing challenges in delivering updates on its EVM payment protocol for Bitcoin. The decision has sparked community criticism, with concerns raised about its impact on Bitcoin adoption. Coinbase CEO Brian Armstrong mentioned plans to integrate the Lightning Network into Coinbase to facilitate future commerce payments with Lightning.
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