Shibarium is coming soon, says lead developer
Shibarium, the long-awaited Layer 2 solution in the Shiba Inu ecosystem, may be coming soon according to one of the projectβs lead developers, Shytoshi Kusama.
The Shiba Inu community is eagerly awaiting the launch of Shibarium because of the number of benefits it can provide, especially the opportunity for investors to make huge profits.
The information comes from a message from Shytoshi on the Wellyβs Discord server. There, the developer confirmed that the Layer 2 solution would be available soon and also clarified that discussions about moving to a more active pre-release phase had already begun. Amid the curtain of mystery surrounding Shibarium and the silence of the developers, even this news should make Shiba Inu fans, or as they call themselves, the Shib Army, happy.
Shibarium Hackathon
The exact details of the project are not known at this moment, but summarizing previous news, we can conclude that Shibarium will have scalability, i.e., the ability to handle large volumes of transaction data in a short period of time, provide a low-cost solution for a wide range of projects with faster transactions, low gas fees and including a burning mechanism.
It is also worth remembering that in May, Kusama announced in his Medium blog the launch of the Shibarium Hackathon, which will accompany the release of the project itself. The hackathon will have above all an educational goal and will raise awareness among the community about all the functionalities of Shibarium, but particularly diligent participants will be rewarded for a particular contribution to the development of the project.
