News

Shibarium Controversy: Is it Plagiarism Or A Simple Mistake?

Key Points:

  • Shibarium chain and Rinia Testnet chain were using the same Chain ID number, causing panic among some members.
  • Shibarium developers explained that the similarity was due to a benign mistake, and a new version of the BETA network with a new chain ID would be redeployed.
  • SHIB token has regained some losses since the initial selloff, but is still down nearly 8% on-day. The long-term impact remains to be seen.
The community behind the SHIB token and Shibarium blockchain is embroiled in drama over accusations of code plagiarism, as per CoinDesk. The issue arose when an established Discord member pointed out that the Shibarium chain was using the same Chain ID number, 917, as the Rinia Testnet chain.

While some members panicked and sold off their tokens, developers behind the Shibarium chain explained that the similarity was due to a benign mistake. One of the pseudonymous developers tweeted that the chain IDs were picked randomly and were not registered anywhere at the time, and that a new version of the BETA network with a new chain ID would be redeployed.

Similarities in code found on Github were also noted, but community members pointed out that this is a common practice where pre-written blocks of open-source code, known as libraries, are reused.

Some speculated that the accusations were part of a ploy to drum up free marketing for Rinia and an upcoming project. Andrew Angrisani, a member of the project’s Telegram community and a crypto security engineer, suggested that the Rinia Testnet chain Dev is launching an ICO for Firechain called a Shib Killer on March 31, and may be using the similarities to generate buzz. Despite the accusations, others pointed out that Shibarium is still in the BETA phase, and mistakes in this phase are tested and fixed.

The SHIB token has since regained some of its losses since the initial selloff but is still down 7.82% on day. While the drama may have caused some short-term volatility, how it will affect the project’s long-term prospects remains to be seen.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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