Crypto Updates

Shiba Inu’s Highly Anticipated Shibarium Officially Launches in Beta Form – Here’s How To Test the Ethereum Scaling Protocol

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

A beta version of Shiba Inu’s (SHIB) highly anticipated layer-2 scaling solution Shibarium is officially live.

The pseudonymous developer in charge of the project, Shytoshi Kusama, says his team has flipped the switch and early beta testers can now use the testnet.

However, he warns crypto traders that tokens on the testnet, which has been labeled the Puppynet, are not in any way investments.

“For the TLDR people, this is an open early beta test so go ahead, you can access it now here! Shibarium official RPC website is available here.

All tokens on Puppynet are NOT REAL. Don’t spend you’re hard earned SHIBS on these tokens if you see them no matter how hard people, anyone, shills.”

Shibarium is an Ethereum-based layer-2 blockchain similar to Polygon (MATIC).

It’s designed to allow developers to create fast, inexpensive and highly scalable applications.

The project was first announced in May of 2021 and has been in steady development ever since.

Once the beta test is complete, the platform will spawn a new ecosystem of custom tokens that can be traded using Bone ShibaSwap (BONE) to pay for gas.

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Featured Image: Shutterstock/Sergey Nivens/Nikelser Kate

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