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CoindiskusEnlightened
Asked: June 8, 20222022-06-08T07:42:00+00:00 2022-06-08T07:42:00+00:00

What is Shibarium blockchain?

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  1. Coindiskus Enlightened
    2022-06-08T19:50:17+00:00Added an answer on June 8, 2022 at 7:50 pm

    Expected to launch in 2022, the Shibarium Blockchain is a layer-2 solution for the trailblazing meme coin, Shiba Inu (SHIB). In partnership with Unification Foundation, the launch of the Shibarium Blockchain will introduce a novel stablecoin protocol, SHI. Also, Shibarium will bring new utilities to Shiba’s governance token, BONE.

    The Shibarium blockchain layer-2 solution is a work-in-progress blockchain network designed by the Shiba Inu development team. Focusing on scaling its current host chain, Ethereum, Shibarium will be a layer-2 protocol promising faster transactions with lower costs. Additionally, Shibarium will be a development playground for blockchain programmers. Plus, the protocol will facilitate the Shiba Inu NFT gaming and metaverse applications.

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