Shibarium Accused of Code Plagiarism, BONE Dips 17%

Big Shiba Inu Dog is sitting on a grey sofa in Shibarium as BONE falls down the hole behind the sofa.
  • Shibarium code shamed on social media for allegedly copying another project.
  • Crypto Twitter feud escalates after new social channels have been created. 
  • SHIB plunges 6.2% in the last 24 hours, Shibarium’s BONE dips 17%.

The developer team behind the popular memecoin Shiba Inu (SHIB) is in the hot seat on Crypto Twitter after allegations surfaced that the Shibarium Beta code was copied from another blockchain startup called Rinia.

Even though Shibarium Beta went live with the ‘puppynet’ testnet last week, only the recently revealed technical details raised some eyebrows among the developer community. According to one high-ranking member of the SHIB Army, Steve, there are multiple reasons to think that the community’s allegations are on point.

For instance, the Chain ID is the same as Rinia’s testnet genesis file. According to Steve, the same Chain ID with an existing blockchain would mix things up, as the mistake would send transactions to the first chain with the same ID.

SHIB Army Worried: “It’s Getting Out of Hand”

In response to the fiery allegations, Shytoshi Kusama posted a message on Discord, asking the unhappy community members to leave the channels. Indeed, Shiba Inu’s chief coder gradually moved his part of the community to new Discord and Telegram channels.

The recently occurred new SHIB: The Metaverse Twitter profile also confirms that part of the developer team and SHIB Defense Breed are attacking Kusama’s supporters on the mutual channels, including making parody accounts of popular influencers. Further on, SHIB Dream, the owner of SHIB Army social websites, vocalized his concerns in a long Twitter thread. Calling for unification, SHIB Dream regretted that “All the people that are part of this Shib Family are getting hurt because of power, control, and greed.”

Following the boiling altercation between two camps of the SHIB Army, both tokens of the Shiba Inu Ecosystem significantly plunged. At press time, the #14 ranked Shiba Inu trades at $0.00001045, with a 6.2% decrease in the last 24 hours.

On the other hand, Shibarium’s gas fee token, Bone ShibaSwap (BONE), took the heavier hit. At the time of publication, #140 ranked altcoin $BONE is priced at $1.26 with a 16.9% daily downturn, according to CoinGecko.

On The Flipside

  • The extreme tension in the community goes both ways. One Bone ShibaSwap (BONE) holder described his experience on Shiba Inu’s Discord yesterday night: “I post something positive and get asked who are you and then a GIF with a middle finger. Crazy…”

Why You Should Care

SHIB Army is one of the most active and fastest-growing communities in crypto.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Tadas Klimasevskis

Tadas Klimasevskis is an author & reporter, focusing on the latest tendencies of the crypto galaxy. Tadas spends his time digging deeper into specific areas like coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art, and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.