Shibarium Public Beta May Be Available In Q3 of 2022.
The Unification Foundation, the organization behind Shibarium, Shiba Inu’s Layer 2 solution, published a thorough article on their Medium blog today regarding the third-party projects the Unification team is working on, as well as Shibarium itself.
The Shibarium Private Alpha TestNet was launched a few weeks ago and is producing positive results. The team’s primary focus and effort is currently focused on the creation of the internal Shibarium wallet. According to the developers, the wallet is meant to be a “all-inclusive” program capable of providing asset movement between Layer 1 and Layer 2, staking, and, in the future, ShibaSwap.
Shibarium’s extended development is explained by the need to establish it on a stable, reliable, and proven foundation. Unificiation employs its own solutions for this purpose, such as xFUND and Oracle of Oracles.
The platform will be available for public beta testing in the third quarter of 2022. The Shibarium Public Beta TestNet, according to the developers, will allow users and developers to properly test and evaluate the project, including the validation process.
After one of the primary players involved in the Shiba Inu project, Shytoshi Kusama, hinted to the release of the platform a few weeks ago, social media was flooded with fans and holders demanding explanations and more information about the future initiative.
Given the vast amount of SHIB in circulation, the lack of the biggest possible use cases at the moment, and a very active fan following, Shibarium is an event worth anticipating and one that has the potential to change the tide for Shiba Inu.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Shibarium Public Beta May Be Available In Q3 of 2022.
The Unification Foundation, the organization behind Shibarium, Shiba Inu’s Layer 2 solution, published a thorough article on their Medium blog today regarding the third-party projects the Unification team is working on, as well as Shibarium itself.
The Shibarium Private Alpha TestNet was launched a few weeks ago and is producing positive results. The team’s primary focus and effort is currently focused on the creation of the internal Shibarium wallet. According to the developers, the wallet is meant to be a “all-inclusive” program capable of providing asset movement between Layer 1 and Layer 2, staking, and, in the future, ShibaSwap.
Shibarium’s extended development is explained by the need to establish it on a stable, reliable, and proven foundation. Unificiation employs its own solutions for this purpose, such as xFUND and Oracle of Oracles.
The platform will be available for public beta testing in the third quarter of 2022. The Shibarium Public Beta TestNet, according to the developers, will allow users and developers to properly test and evaluate the project, including the validation process.
After one of the primary players involved in the Shiba Inu project, Shytoshi Kusama, hinted to the release of the platform a few weeks ago, social media was flooded with fans and holders demanding explanations and more information about the future initiative.
Given the vast amount of SHIB in circulation, the lack of the biggest possible use cases at the moment, and a very active fan following, Shibarium is an event worth anticipating and one that has the potential to change the tide for Shiba Inu.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Patrick
CoinCu News
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