Shiberium, the long-awaited Layer 2 solution in the Shiba Inu ecosystem, may be coming soon according to one of the project’s lead developers, Shiotoshi Kusama.
@ShytoshiKusama on Discord Valleys #shiberium pic.twitter.com/PRvKOpW11n
— (@GossipShib) 13 June 2022
The Shiba Inu community is eagerly awaiting the launch of Shibarium as it can provide many benefits, especially the opportunity for investors to make huge profits.
This information has been obtained from a post by Shyotoshi on the Wellies Discord server. There, the developer confirmed that the Layer 2 solution will be available soon and also clarified that discussions have already begun about moving to a more active pre-release phase. Between the veils of mystery surrounding Shibarium and the developers’ silence, even this news should make Shiba Inu fans happy — or as they call themselves Shiba Sena, rejoicing.
Shiberium Hackathon
The exact details of the project are not known at this time, but summing up the previous news, we can conclude that Shiberium will have scalability, i.e., the ability to handle large amounts of transaction data in a short amount of time, providing low cost Solutions for a wide range of projects including faster transactions, lower gas charges and burning mechanisms.
It should also be reminded that, in May, Kusama announced the launch of the Shiberium Hackathon in his Medium blog, which would coincide with the launch of the project. The hackathon will primarily have an educational purpose and educate the community about all the features of the shibarium, but especially diligent participants will be rewarded for their special contribution to the development of the project.