Shytoshi Kusama, the lead developer at Shiba Inu, recently announced that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and fine-tuning, and marks a major milestone for the Shiba Inu project.Shibarium has already boasted over 65k wallets and processed 350 transactions. It has hosted a number of fun, unusual, and sometimes even offensive tokens, providing several platforms. Kusama hailed Shiba Inu’s decision to fork Polygon and bring the new Shibarium project to a thriving fruition.Kusama also mentioned a withdrawal process for a couple of tokens, highlighting that the process takes different durations ranging from 45 minutes to 3 hours to 7 days, specifically for the BONE token. Despite the highly anticipated launch suffering from major technical difficulties earlier in the month, leading to a SHIB price plummeting, Kusama urged the community to stay focused on long-term goals over short-term market fluctuations.The positive news about the launch of the L2 didn’t really affect Shiba Inu’s primary native token. SHIB is down by more than 2% over the past 24 hours and sits below $0.000008.
This News Article was automatically generated by Bob the Bot(AI)
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 7 |
| People | Ryoshi, Shytoshi Kusama |
| Companies | Polygon, PrimeXBT, Binance, Shiba Inu |
| Currencies | shib, bone, ethereum., shiba inu, polygon, bitcoin |
| Securities |
