Shiba Inu Lead Developer Promises More as Latest Shibarium DApp Goes Live

Godfrey Benjamin
July 10, 2023
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Breaking: Shibarium Stopped Producing Blocks Again, Whales Dumping SHIB And BONE

Shiba Inu has been making waves with its adorable mantra and dedicated community, two key features that has helped it capture the attention of investors and enthusiasts alike. Just recently, Shiba Inu’s lead developer, Shytoshi Kusama promised the community members much more following the launch of the latest Shibarium Decentralized Application (DApp), the BAD Idea AI memecoin.

Although the details regarding the upcoming developments in the Shibarium community remain obscure, the lead developer in the Shiba Inu ecosystem recognizes the importance of community engagement and strives to deliver innovative solutions that cater to the needs of all users.

Notably, the promise of “more” signifies the commitment to continually improve and expand upon the existing offerings. This promise is poised to drive the dedication of his team members in order to enhance the Shiba Inu experience, a feature that will set it apart from its peers.

Advertisement
Advertisement

Benefits of the Shibarium Launch

Shibarium, a decentralized layer 2 network is an exciting new addition to the Shiba Inu ecosystem. It aims to revolutionize the way users interact with the token by providing a robust and user-friendly platform for various DApps. With the launch of this scaling solution, community members can look forward to enhanced functionalities and increased opportunities for engagement.

Its unique design also allows for the easy integration of real-life businesses, and power projects. Amongst its key potential is the ability to reduce gas fees and increase scalability. These intrinsic benefits can support a higher volume of transactions that are completed at lower costs. Meanwhile, several companies have indicated interest to integrate Shibarium on their platforms, further fueling anticipation in the protocol.

Advertisement
Advertisement

Shibarium Mainnet Launch Date Gets Closer

As confirmed by Kusama, the Shibarium protocol is set to launch in August this year at the upcoming Blockchain Futurist Conference taking place in Toronto. Aside from the launch, the Shiba Inu team will also be unveiling the completed World Paper during the conference. 

Recall that just a few months after the beta test of Shiba Inu’s Shibarium went live, the protocol recorded impressive growth in the number of transactions performed on it as well as the volume of wallet addresses onboarded.

Undoubtedly, the launch of the protocol demonstrates the commitment to constant improvement, ensuring that community members have access to cutting-edge tools and features. This dedication is a testament to the strong bond between the lead developer and the Shiba Inu community.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.