A Shiba Inu [SHIB] developer says that the beta version of the meme coin’s highly anticipated layer-2 blockchain is set for unveiling. Pseudonymous SHIB developer Shytoshi Kusama tells his 881k Twitter followers that Shibarium, Shiba Inu’s layer-2 network built atop Ethereum [ETH] and similar to scaling solutions such as Polygon [Matic] is ready.
Saying here what I just said in the main TG chat (overrun by fudders and Shadowcats). Go enjoy Vday. Tomorrow my 1st of a series of mediums introducing the world to Shibarium will be released. The bow fit nicely, but I'm not releasing anything until @kaaldhairya is done mourning.
— Shytoshi Kusama™ (@ShytoshiKusama) February 14, 2023
However, the developer also says it will not be unveiled just yet due to the personal circumstances of one of the Dogecoin (DOGE) rival’s developers. The pseudonymous Shiba Inu developer says that he initially wanted to publish a blog post on February 15th introducing Shibarium to the world before the layer-2 network is launched. According to Kusama, Shibarium will be released when one of his lead developers, the pseudonymous ShibDev4Evr, completes the mourning phase after losing his father.
“Tomorrow my 1st of a series of mediums introducing the world to Shibarium will be released. The bow fit nicely, but I’m not releasing anything until [ShibDev4Evr] is done mourning”.
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Kusama first broke the news of the layer-2 network being set for launch on Telegram earlier this week.
Shibarium is ready. Can’t wait to show you the beta. Shibarium is a Layer-2 (L2) blockchain that allows anyone to build a digital product, conduct peer-to-peer transactions, and other basic capabilities. But that is only the beginning. Shibarium is so much more.
As the lead who is dedicated to the founding vision of Ryoshi for the larger Shib ecosystem, I can confidently say what we’ve created is the first step in a global movement to end the cycle of abusive control by embracing the power of decentralization, Kusama noted.
Shibarium is not only the tool that empowers the ShibArmy to utilize digital assets in the form of tokens and NFTs or gain access to digital places like the Metaverse. Shibarium also encourages closed-community product loops; the ability to launch community-originated, Shiba-branded, physical products in real life with more utility than ever before; exercise product loyalty by choosing quality-equivalent Shiba-oriented goods; and of course, craft unique, community-powered platforms unaffiliated with the Shib Development Team.
In fact, the only centralized aspect of Shibarium is a core system and the corresponding interface that allows us to foster actual trust as we embark on this journey together in a previously trustless society, and a series of Validators (and Delegators) that keep the system decentralized and operational.
Shiba everywhere gives us the ability to turn the tides of this battle without waging war. With Shibarium, we can simply walk away from the systems that oppress us and work together to make a better world with the culmination of all our skills, experiences, and a common vision.
In December of 2022, Kusama announced that 2023 would be an “important one for humanity” after teasing Shibarium’s release date. Shibarium is expected to speed up transaction speeds for the Ethereum blockchain and lower the gas fees. The Shibarium scaling solution will use the Bone ShibaSwap ($BONE) as the governance token and Gas fees in the ecosystem will be paid solely in BONE.