Shiba Inu’s highly anticipated Layer 2 network Shibarium will launch in beta mode next week, according to a major player in the memecoin ecosystem.
The official Twitter account for Bone ShibaSwap (BONE) just posted a viral tweet confirming the launch date.
Shibarium is designed to be similar to other Layer 2 scaling solutions like Polygon (MATIC).
The new network allows developers to create custom tokens within the Shiba Inu ecosystem. Transaction speeds are also expected to be significantly accelerated and gas fees reduced.
The Shibarium scaling solution will use BONE as the governance token and all gas fees in the ecosystem will be paid in BONE.
The launch dates for both the beta and official versions of Shibarium have been the subject of much debate.
The project’s pseudonymous lead developer, Shytoshi Kusama, said he wasn’t giving any firm dates to avoid disappointment from delays that might occur along the way.
Don’t miss a beat – Subscribe to receive crypto email alerts straight to your inbox
Check the price action
follow us on TwitterFacebook and Telegram
Surf the Daily Hodl Mix
Check the latest headlines
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any risky investments in bitcoin, cryptocurrency or digital assets. Please note that you transfer and trade at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/T Studio
Image generated: DALLE-2