Important Developments in the Shiba Inu Project
Earlier today, Kaal Dhairya, a developer working on the Shiba Inu (SHIB) project, published a blog post to update the community on several important developments. Dhairya congratulated the ShibArmy for reaching one million wallets and transactions and emphasized their commitment to maintaining Shibarium as a fast and cost-effective Layer 2 network.
Main Key Points:
- The hosted version of Blockscout explorer is now available on Shibariumscan, called “Shibarium Explorer.” Users are encouraged to utilize this explorer for research and contract verification.
- WBONE contract address has been verified, and several additional tokens like USDT, USDC, DAI, WBTC, and xFUND have been mapped to the bridge.
- Shib team is working with third-party bridges to facilitate bridging of more tokens into Shibarium.
- The BONE contract will be renounced soon, and more validators will be added to the network.
- The primary focus of the Shib team going forward is to innovate and build technologies on top of Shibarium. The community is encouraged to develop on Shibarium to foster significant innovation.
In conclusion, the Shiba Inu project has reached significant milestones and is actively working on improving Shibarium and expanding its capabilities. The availability of Shibarium Explorer and the addition of new tokens to the bridge showcase the project’s commitment to providing a robust and efficient network. With plans to renounce the BONE contract and add more validators, the Shiba Inu project is poised for further growth and innovation.
Hot Take: The Shiba Inu project’s focus on maintaining a fast and cost-effective Layer 2 network and encouraging community development on Shibarium demonstrates their commitment to creating an innovative and thriving ecosystem for crypto enthusiasts.
By
By
By