Shiba Inu Major Developer Hints At Shibarium Release

According to Shytoshi Kusama, one of the project’s primary developers, Shibarium, the long-awaited Layer 2 solution in the Shiba Inu ecosystem, may be coming shortly.

The Shiba Inu community is looking forward to Shibarium’s launch because of the numerous benefits it can give, including the chance for investors to make big profits.

Shytoshi revealed the information on the Welly’s Discord server. There, the developer verified that the Layer 2 solution will be available shortly, as well as clarifying that talks about moving into a more active pre-release phase have already started. Even in the midst of the shroud of uncertainty surrounding Shibarium and the developers’ silence, this revelation should make Shiba Inu—or as they call themselves, the Shib army—happy.

Shibarium Hackathon

The project’s exact details are unknown at this time, but based on previous information, we can assume that Shibarium will have scalability, i.e., the ability to handle large volumes of transaction data in a short period of time, and will provide a low-cost solution for a wide range of projects with faster transactions, low gas fees, and a burning mechanism.

It’s also worth noting that Kusama announced the commencement of the Shibarium Hackathon on his Medium blog in May, which will coincide with the project’s release. The hackathon’s primary goal will be to educate the community on all of Shibarium’s capabilities, but especially dedicated participants will be rewarded for making a significant contribution to the project’s development.

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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