- Developer Shy Kusama revealed Shibarium details in a Medium post.
- The Layer-2 scaling solution was rumored for a Valentine’s Day launch.
- Shiba Inu (SHIB) dropped 4.4% amid growing tension between members.
The leading developer of the Shiba Inu (SHIB) Ecosystem unveiled the principles of Shibarium in a lengthy blog post, which is set to be the first in a series of Shibarium-related guides. One of the main issues tackled was the Shadowcats – a special breed of Shiba Inu (SHIB) holders who try to divide the community instead of uniting it.
Shadowcats, by Shytoshi Kusama’s definition, is “a vast network of corrupted wealth that utilizes obscure technology and brute force to keep the majority of the population broken down and debilitated.” Referring to the centralized banking system in most parts of the world, Mr. Kusama is likely also taking a dig at the ex-members of the developer team and SHIB Defense Breed, which are actively promoting a knock-off Shiba Inu token after being laid off.
The Main Values of Shibarium
For all of the uncertainty and division, lead dev Shytoshi Kusama has one solution: Shibarium. Besides mentioning that Validators & Delegators are going to play a crucial part in the self-sufficient blockchain, Shytoshi Kusama presented the four common values of Shibarium:
- Burn – every activity on the newly-launched blockchain will encourage burning SHIB.
- Protect – the community provides valuable feedback on projects built on Shibarium.
- Help – the community regularly participates in donations to non-profit organizations.
- Grow – members who burn SHIB can allocate some of it to the Doggy DAO wallet.
Interestingly, Shytoshi Kusama paused all messaging on Shiba Inu’s telegram right after the blog post. According to Kusama, the channel will “reopen after all documents are out.” Unsurprisingly, the SHIB Army is divided into two camps, as some members are rushing the main developer to launch the highly-anticipated Layer-2 solution, while others show patience and support for Shiba Inu’s upcoming game-changer.
On the Flipside:
- Shibarium didn’t launch on Valentine’s Day, despite the developer dropping hints about the upgrade coming in a “heart-shaped box.”
Why You Should Care:
Shiba Inu (SHIB) is an ERC-20 token built on Ethereum (ETH). The two-year-old memecurrency aims to transition into a self-sufficient blockchain in order to develop upcoming products like SHIB: The Metaverse, SB Visa card and Shiboshi NFTs.
