Saturday , April 27 2024
Home / Blockchain / SHIB Team Announces Launch Of Shibarium Mainnet

SHIB Team Announces Launch Of Shibarium Mainnet

Summary:
On Wednesday, Shiba Inu (SHIB) developers appeared on stage at the Blockchain Futurist Conference in Toronto to discuss the “End Game” for Shibarium – the meme token’s metaverse and NFT-oriented layer 2 blockchain. The team said that the Shibarium mainnet has gone live, allowing developers to begin building apps on the blockchain. The ecosystem will include “Shibdentities,” a proof of personhood solution that lets users retain control of their data and privacy. Shibdentities can be used to create digital wills, which transfer assets to another user’s wallet after one person’s death is confirmed. “We are building a decentralized, autonomous, digital nation state,” said the team during its keynote presentation. Regarding the Shibarium metaverse, the ecosystem will feature

Topics:
Andrew Throuvalas considers the following as important: , , ,

This could be interesting, too:

Chayanika Deka writes Pantera Capital’s Fund V Targets Billion for Diverse Blockchain Investments

Wayne Jones writes Rare ‘Epic Sat’ from Bitcoin’s Fourth Halving Block Sold for Over Million

Andrew Throuvalas writes Strike CEO Predicts Million BTC Amid COVID-Level Money Printing

Andrew Throuvalas writes Crypto.com Recruits Eminem For NBA Playoff Game Commercial

On Wednesday, Shiba Inu (SHIB) developers appeared on stage at the Blockchain Futurist Conference in Toronto to discuss the “End Game” for Shibarium – the meme token’s metaverse and NFT-oriented layer 2 blockchain.

The team said that the Shibarium mainnet has gone live, allowing developers to begin building apps on the blockchain.

  • The ecosystem will include “Shibdentities,” a proof of personhood solution that lets users retain control of their data and privacy.
  • Shibdentities can be used to create digital wills, which transfer assets to another user’s wallet after one person’s death is confirmed.
  • “We are building a decentralized, autonomous, digital nation state,” said the team during its keynote presentation.
  • Regarding the Shibarium metaverse, the ecosystem will feature “seamless transactions” and its “Shiboshi” NFTs.
  • Shibarium will also use an “super app” called the ShibaHub – a common location for accessing a users’ favorite dapps.
  • Like many layer 2 solutions, “Shibarium” aims to address the scaling issues and transaction costs that plague Ethereum’s base layer.
  • Until now, details about Shibarium’s technical development have been largely a mystery.
  • However, lead developer Shytoshi Kusama has provided many hints about what features it will include, such as real-world asset authentication.
  • SHIB is currently the 13th largest crypto by market cap.

You Might Also Like:

Leave a Reply

Your email address will not be published. Required fields are marked *