Showing posts with label Shibarium. Show all posts
Showing posts with label Shibarium. Show all posts

SHIBARIUM Takes A Test Run At Functionality


The developer's of SHIBA INU may have given the masses a glimpse into the SHIBARIUM. A place for BONE and burning of SHIB tokens can be finally done on a large scale.
Being a HODLer of SHIBA INU and dollar cost averaging buys via my EXODUS WALLET will continue into the near future. Why not, it's cheap and as long as development continues there could be some pretty nice gains on the horizon. Remember this isn't financial advice. Purchase cryptocurrencies only with funds you are willing to take a loss on and survive. Holding some BTC and loading up monthly on less than $100 per month has been a good plan.
Here is a canned response for the developers of SHIBARIUM that was released in beta as of today...

A beta version of Shiba Inu’s (SHIB) highly anticipated layer-2 scaling solution Shibarium is officially live.

The pseudonymous developer in charge of the project, Shytoshi Kusama, says his team has flipped the switch and early beta testers can now use the testnet.

However, he warns crypto traders that tokens on the testnet, which has been labeled the Puppynet, are not in any way investments.

“For the TLDR people, this is an open early beta test so go ahead, you can access it now here! Shibarium official RPC website is available here.

All tokens on Puppynet are NOT REAL. Don’t spend you’re hard earned SHIBS on these tokens if you see them no matter how hard people, anyone, shills.”

Shibarium is an Ethereum-based layer-2 blockchain similar to Polygon (MATIC).

It’s designed to allow developers to create fast, inexpensive and highly scalable applications.

The project was first announced in May of 2021 and has been in steady development ever since.

Once the beta test is complete, the platform will spawn a new ecosystem of custom tokens that can be traded using Bone ShibaSwap (BONE) to pay for gas.

Stay tuned for more...