Altcoin News

Shytoshi Kusama Confirms Unification Addition In Shibarium Docs

Shiba Inu (SHIB) developer Shytoshi Kusama said that the newly released Shibarium documents will confirm Unification as oracle.
Published by
Shytoshi Kusama Confirms Unification Addition In Shibarium Docs

Shibarium News: Shiba Inu (SHIB) developer Shytoshi Kusama on Saturday confirmed that the newly released Shibarium documents will mention be fixed to add that the Oracle used is the Unification/xFund. The documentation describes Shibarium as first proposed by Ryoshi, the creator of Shiba Inu as a blockchain, layer 2 solution. Shibarium, The Blockchain of “Teh People,” has been designed to provide a faster transaction speed and lower fees compared to other blockchains, it said.

Also Read: Nasdaq To Offer Crypto Custody Services Soon Despite Regulatory Burden

Advertisement

Shibarium Unification Oracle

In an update provided by Shytoshi Kusama, he said the new Shibarium docs are complete but will add that Unification/xFund is the Oracle used. In February 2023, Unification announced that the developers have been busy on Unification/xFund’s Oracle of Oracles (OoO) for the Shibarium Layer-2 blockchain. The documents distinctly described how the Shibarium’s Proof-of-Stake and the Ethereum Shibarium bridge work. While the Shibarium PoS chain utilizes side-chains to process transactions, while the bridge allows bi-directional transaction environment between Shibarium and Ethereum.

The developers claim Shibarium offers benefits like security, transparency, efficiency and cost effectiveness. Meanwhile, the Shiba Inu price dropped by around 2% over the week.

Also Read: Coinbase VP Hints At Other Countries Filling ‘Crypto’ Vacuum Left By US

On March 11, 2023, the developers released live the early Beta Test of the Shibarium Network called as Puppynet. This version offers information about network statistics, validator information and staking functionality.

Advertisement
Share
Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
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.

Recent Posts

  • Bitcoin News

Peter Brandt Hints at Further Downside for Bitcoin After Brief Rebound

Veteran trader Peter Brandt has again provided a bearish outlook for the Bitcoin price following…

December 6, 2025
  • Crypto News

$1.3T BPCE To Roll Out Bitcoin, Ethereum and Solana Trading For Clients

Raphael Bloch, cofounder and editor-in-chief of TheBigWhale, reported that starting Monday, customers of France’s Groupe…

December 6, 2025
  • Crypto News

Why is the LUNC Price Up 70% Despite the Crypto Market’s Decline?

The LUNC price is witnessing a parabolic rally today even as the crypto market declines,…

December 6, 2025
  • Crypto News

CoinShares Fires Back at Arthur Hayes, Dismisses Fears Over Tether Solvency

CoinShares fired back at Arthur Hayes and S&P Global for claims that Tether may be…

December 6, 2025
  • Crypto News

Bitcoin Stalls Ahead of FOMC as Analyst Van de Poppe Sees No Break Until Tuesday

Respected analyst Michael van de Poppe predicts that Bitcoin will remain in a tight price…

December 6, 2025
  • Crypto Reviews

Bitcoin Hyper Presale Review: How Utility is Unlocked With ZK-SVM Rollup

Bitcoin is unarguably the most successful crypto asset in terms of market progression. Yet it…

December 6, 2025