Shiba Inu

Bone ShibaSwap

<ul><li>Shiba Inu is set to launch Shibarium, its own Layer 2 blockchain, enhancing the scalability of its network.</li><li>In preparation for Shibarium&#39;s launch, the remaining supply of BONE will be minted, and the BONE contract renounced.</li><li>Shiba Inu team initiated the Shib Hackathon and is expected to showcase SHIB-branded projects at the Blockchain Futurist Conference.</li></ul>In the latest update from Shiba Inu, Shytoshi Kusama, the lead developer of the popular meme coin, has <a href="https://blog.shib.io/bone-the-passport/" rel="noopener noreferrer nofollow">revealed</a> that the project is gearing up to launch its own Layer 2 blockchain, Shibarium. This significant development is part of the Shiba Inu project&#39;s <a href="https://cryptotale.org/nfa-labs-unveils-lending-protocol-canis-for-shibarium-ecosystem/" rel="noopener noreferrer nofollow">ambitious roadmap</a> to evolve into a comprehensive ecosystem.The Shibarium blockchain is designed to enhance the scalability of the Shiba Inu network. The Shibarium Bridge beta version, which facilitates the transfer of tokens between the two networks, has already been released for public testing. The bridge is compatible with the ERC-20 token standard, a common set of rules for Ethereum-based tokens.In preparation for the launch of Shibarium, the Shiba Inu team has planned to mint the remaining supply of <a href="https://cryptotale.org/how-does-shibbone-and-leash-react-to-shibariums-transaction-hike-read-here/" rel="noopener noreferrer nofollow">BONE</a>, a governance token in the Shiba Inu ecosystem, and renounce the BONE contract, thereby preventing any further minting. This step is crucial as a significant portion of BONE is allocated to the first role in the upcoming system, the validators. BONE will also serve multiple roles within the new system, including acting as a passport for delegators to earn rewards, functioning as the gas token for Shibarium, and playing a part in technology governance.Read full article at <a href="https://cryptotale.org/shiba-inu-gears-up-for-shibarium-marking-a-new-era-for-the-meme-coin/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Shiba Inu Gears Up for Shibarium, Marking a New Era for the Meme Coin

CryptoTale

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