Shiba Inu Devs reveal the beta version of the Layer 2-project that will be released this week

Shiba Inu Devs reveal the beta version of the Layer 2-project that will be released this week

The developers of Shiba Inu announced that the public beta platform of Shibarium will be started at some point this week.

The plan for the Layer 2 platform was first presented in January of this year. It was seen as an important step for the Shiba-Inu ecosystem, from a mere Memecoin to a possibility for the Shib community, to access faster and cheaper transactions, with increased scalability and improved security. The team that supports the token revealed the construction of Shibarium on the Ethereum network.

  • The upcoming Start Test purposes.
  • As stated in his introductory blog, the Layer 2 blockchain protocols from Shibarium intend to open up metavers, web3 innovation and games. The team had previously advertised the opportunity to go outside the chain for more private transactions to attract more users.
  • It is expected that the publication of Shibarium will increase the acceptance of the Shib token and strengthen its position as a more serious project. The senior developer Shytoshi Kusama recently said:

"So we can meet with the army and remain organized.

  • Shibarium will also pave the way for the burning of token as such, every transaction in the network "will have an implicit fuse for Shib tokens".
  • The tokens of the Shiba Inu ecosystem have had a positive impact on the development. While Shib and Leash increased by modest 4.4 % or 10.16 % in the last 24 hours, Bone added more than 20 % in the same period.

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