Although the second layer of Shiba Inu, called Shibarium, had its premiere on March 11, its documentation, which was to be made public shortly afterwards, is still shrouded in mystery. These delays are not helped by the fact that a copycat project has appeared in the crypto space.
Shibarium documentation ready but undisclosed
According to the administrator of the Telegram “Shibarium Tech” group, known as “Someone Smart (maybe),” the Shibarium documentation has already been completed. Despite this, its release has still not taken place, as one of the leading developers Shiba Inu is meticulously checking its details. However, in order to cool down the nervous mood over yet another missed deadline, the administrator suggested that something extra might be attached to the documents. Unfortunately, he did not inform what this something would be. To quote his words:
“The documents are completed, and the reason for the slight delay is that they are being checked with Kaal to indicate that everything is in order. Also, we will be releasing more things than docs if possible.”
According to recent indications, the release of the docs was supposed to take place a week after the launch of Shibarium. However, the original idea was even at the end of the third quarter of last year. Unfortunately, none of the above happened. Meanwhile, Shibarium was launched on March 11, and on March 16 Kaal announced that the documentation would see the light of day within 4-5 days.
Shibarium under fire from critics
Shibarium, despite its launch, has fallen on hard times recently. Not only is the community showing anger over the constant delays, but there have been indications that the second layer of SHIB, was built on stolen code. The model project here was to be Rinia. Speculation about this, however, has been quashed. This was helped by one of the leading developers of that project, who indicated that no theft took place here.
Shibarium with a copycat – beware of scam!
Meanwhile, something interesting and disturbing at the same time is happening behind the scenes. A copy of Shibarium has appeared on the market, calling itself an “emerging decentralized financial platform.” The project officially calls itself SERP, but its token functions under the ticker SHIBARIUM. While the token was already created a month ago, the domain name around which it functions was registered on March 13. This is a clear signal of concern. The team behind the project avoids claiming any connection to the Shiba Inu ecosystem. Nevertheless, it uses the Shibarium brand name and iconography associated with the dog coin.
Recall that Shiba Inu’s lead developer Shytoshi Kusama previously reported on possible imitators who will impersonate Shibarium. We also wrote about it in the pages of our press. Fortunately, the conscious Shiba Inu community has so far not interacted with the suspicious project.