Shiba Inu developers have launched their highly anticipated, purpose-built Ethereum layer-2 scaling solution Shibarium, ushering in a new era of growth for one of the crypto industry’s largest decentralized communities.
The launch announcement was made at the Blockchain Futurist Conference/ETH Toronto.
As per a press release sent to Cryptonews.com from the Shiba Inu development team, the Shibarium mainnet “will serve as the technical bedrock underpinning the entire Shiba Inu State”.
“Having already resonated with a community of over 21 million user wallets during its beta testnet, the live Shibarium mainnet is now ready to on-board millions more who are interested in shaping a new future that honors the principles of decentralization, interoperability, and user-centric design for both blockchain and technology at large”.
“Many in the tech world, inside and outside blockchain, are promising ‘everything apps’ and full user interactivity in the world of ideas, goods, services, and other opportunities,” said Shiba Inu Lead Developer who goes by the pseudonym Shytoshi Kusama.
“However, any such promise absolutely must start at a place of both community and decentralization,” he continued.
“As part of one of the most popular cryptocurrencies on the planet, Shibarium lives at the intersection of those two principles in a way that eludes most other technologies, even many other blockchains”.
Indeed, Shibarium’s highly decentralized and community-focused starting point is a key advantage that the blockchain has over some of its more established Ethereum layer-2 rivals.
“To compare what we have launched, in full, to other L2's is a misnomer,” Kusama said.
“If you consider even the best L2's to be a Ferrari engine, we just placed a
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