Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » USDC Plans DeSo Blockchain Addition to Unveil Web3 to The Masses

USDC Plans DeSo Blockchain Addition to Unveil Web3 to The Masses

Kelly Cromley by Kelly Cromley
Oct 4, 2022
in Market News, News
Reading Time: 2 mins read
0

USDC will interface with DeSo, a new blockchain for decentralized social media, to pave the road for DeSo to become a cross-chain social layer for the whole Web3. This connection reportedly provides DeSo, a new layer one blockchain designed for decentralized social media and storage-intensive apps, with access to millions of Ethereum users and decentralized applications. On the other side, these users and dApps will have access to end-to-end encrypted onchain messaging and a whole range of Twitter-like features with a single click.

Several members of the blockchain ecosystem, including Coinbase, Andreessen Horowitz, and Sequoia, have supported the integration. Through this agreement, millions of enthusiastic MetaMask and Ethereum users will be able to join decentralized social media with their USDC assets. Users will have access to gas-free end-to-end encrypted onchain messages, gas-free profile creation, gas-free following of others, gas-free profile creation, a fully decentralized onchain graph, and more.

In addition, the established financial bridge between Ethereum and DeSo will enable for the first time the development of Web3 social applications.

The inventor of DeSo, Nader Al-Naji, commented on the bridge: “Existing blockchains cannot store material effectively. The cost to store a 200-character Tweet on Ethereum is around $50, whereas the cost to store it on Solana, Avalanche, or Polygon is approximately $0.15. DeSo, on the other hand, is one ten-thousandth of a penny, making it the first blockchain capable of disrupting storage-intensive services such as social. He continued, “DeSo is the first and only blockchain that enables developers to create social applications that conceal the blockchain. This implies that for the first time we have the opportunity to extend web3 beyond disrupting banking to disrupting the trillion-dollar social media business.

While DeSo only supports USDC through Ethereum at now, the blockchain intends to integrate with additional stablecoin ecosystems in the coming days.

Al-Naji said, “It is not our intention to be chained to a single chain. DeSo is a cross-chain solution that enables users to communicate regardless of the ecosystem they belong to. DeSo is the social layer for the entire web3.”

The integration follows successful funding rounds in which Coinbase, Sequoia, and Andreessen Horowitz raised a total of $200 million. Coinbase also listed DeSo earlier this year. Last week, the platform also announced an integration with MetaMask, experienced a significant price increase, and saw the addition of numerous social applications to its blockchain.

Previous Post

Blockchain Powered Payment Firm X-Widget Enters Token Economy Business

Next Post

Ethereum Towers to Release Apartment NFTs on October 5

Related Posts

wom protocol

WOM Protocol Launches Layer 1 Blockchain to Power SocialFi

by Kelly Cromley
Jul 12, 2025
0

WOM Protocol, a pioneer in decentralized word-of-mouth marketing, has unveiled the Testnet of its own EVM-compatible Layer 1 blockchain. This...

unique network partners with tapnation for crypto rewards

TapNation Game Adds Seamless Crypto Rewards via Unique Network

by Kelly Cromley
Jul 12, 2025
0

Unique Network, a blockchain infrastructure firm operating within the Polkadot ecosystem, has successfully partnered with mobile game publisher TapNation to...

us bank

U.S. Bank Pioneers Blockchain-Based Trade Finance

by Kelly Cromley
Jul 12, 2025
0

U.S. Bank has become the first American financial institution to successfully carry out a fully digital trade finance transaction, signaling...

Zypto

Zypto Expands Real-World Crypto Utility with Visa Card and Mobile Top-Ups

by Kelly Cromley
Jul 12, 2025
0

Zypto, a rising player in blockchain-based fintech, has introduced two key services that significantly broaden the everyday utility of digital...

zeus network

Zeus Network Launches Bitcoin Airdrop for Solana Users

by Kelly Cromley
Jul 12, 2025
0

Zeus Network has unveiled a new Bitcoin Airdrop campaign aimed at active participants within the Solana blockchain ecosystem. This initiative...

circle partners with sei

Sei Blockchain Integrates Native USDC to Boost Multi-Chain Finance

by Kelly Cromley
Jul 12, 2025
0

Sei, a high-performance Layer-1 blockchain recognized for its speed and suitability in powering digital asset markets, is poised for a...

Next Post
Ethereum Towers to Release Apartment NFTs on October 5

Ethereum Towers to Release Apartment NFTs on October 5

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025

Recent News

wom protocol
Market News

WOM Protocol Launches Layer 1 Blockchain to Power SocialFi

by Kelly Cromley
Jul 12, 2025
unique network partners with tapnation for crypto rewards
Market News

TapNation Game Adds Seamless Crypto Rewards via Unique Network

by Kelly Cromley
Jul 12, 2025
us bank
Market News

U.S. Bank Pioneers Blockchain-Based Trade Finance

by Kelly Cromley
Jul 12, 2025
Zypto
Market News

Zypto Expands Real-World Crypto Utility with Visa Card and Mobile Top-Ups

by Kelly Cromley
Jul 12, 2025
zeus network
Market News

Zeus Network Launches Bitcoin Airdrop for Solana Users

by Kelly Cromley
Jul 12, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree