Shibarium with its release this week! 

Shiba Inu's highly anticipated Shibarium is being taken to a new level

In the meantime, more suggestions are being made about the identity of Shiba Inu’s creator, which may be damaging in nature. March 7 is proving to be a landmark day for the Shiba Inu community. The release of Shibarium has been confirmed and is due any minute now. It’s also the day that one of Shiba Inu’s directors reunites Ryoshi with Sam Bankman-Fried.

Shibarium coming this week

The Shiba Inu team has announced that the Shibarium Beta update, which has been awaited for many months, will take place as early as this week. The event is expected to correlate with the release of the Shibarium Documents, containing all the necessary data on the L2 solution.

Representatives of the meme coin seem to be taking the update extremely seriously, noting that the community should keep a close eye on social media and watch out for potentially occurring abuses during the changes. Moments of popularity could result in those not directly associated with the development team wanting to use the Shiba Inu name for impure purposes. This problem was pointed out by Kaal Dhairya. At the same time, he pointed out that ShibaSwap will become the only decentralized exchange that will be hosted in the Shibarium space.

The implementation of Shibarium has been a highly anticipated event for more than half a year. Numerous delays have resulted in some in the community losing faith in the project. This one may be restored in just a few days.

Huge interest in Shibarium

Shiba Inu’s lead developer, Shytoshi Kusama, launched both the website and Shibarium’s Twitter profile on February 27. A so-called recruitment form was published in these places. It was intended to invite external teams to collaborate with SHIB. The main addressees here were professional companies, among whom the plan was to find, among others, validators for the second layer solution. As Kusama reveals, to date more than 3,000 applicants have already signed up. This gives hope that Shibarium will become a truly groundbreaking solution.

Is Sam Bankman-Fried Ryoshi?

This is the thesis of Coinbase’s Director of Project Strategy and Business Operations, Conor Grogan. This information appeared almost at the same time as the announcement of the imminent launch of Shibarium. In it, Grogan points out an interesting connection. According to his observations, the Bitkub deposit address once used by Ryoshi was linked to an OpenSea account, named “ALAMEDA.” In addition, on that account, 10 NFT pieces referring to SBF were minted. The collection is called “SBF Legendary.”

This is not the first time Grogan has seen connections between the former CEO of the FTX exchange and Shiba Inu. The figure of the SHIB creator, like Bitcoin, remains anonymous. He is known only by the pseudonym Ryoshi. However, if it were to become true that Bankman-Fried is the creator of Shiba Inu, for the sake of his negative image, the value of SHIB could collapse significantly.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news

All articles loaded
No more articles to load

Learn

CBDC

The great reset and the CBDC

The World Economic Forum (WEF), which regularly takes place in Davos, Switzerland, for pandemic reasons, has taken the form of…
Proof of work and Proof of stake

Proof of Work and Proof of Stake

There are several methods available in blockchain for securing networks and verifying transactions. The two most popular are consensus algorithms…
public and private blockchains

Public and Private Blockchains

When analyzing the cryptocurrency market, we may come across terms related to blockchains. The two most popular types of them…
Satoshi Nakamoto

Who is Satoshi Nakamoto?

The world’s biggest cryptographic mystery remains unsolved to this day. It is speculated whether Satoshi Nakamoto is a single person…
What is bitcoin BTC

What is Bitcoin (BTC)?

Bitcoin (BTC) is the oldest and most recognized cryptocurrency in the world. Its origins date back to 2008 when its…
Is Bitcoin anonymous

Is Bitcoin anonymous?

Interested users are actively seeking answers to the question: is Bitcoin (BTC) anonymous? In this article, we will try to…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Latest news

All articles loaded
No more articles to load