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Shiba Inu Drives Massive $342M Burn As Shibarium Finally Launches After Much Back And Forth

Published 17/08/2023, 04:46
© Reuters.  Shiba Inu Drives Massive $342M Burn As Shibarium Finally Launches After Much Back And Forth
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Benzinga - The core developers of the Shiba Inu (CRYPTO: SHIB) meme coin project have successfully launched Shibarium, their much-awaited layer-2 scaling solution, on the mainnet.

What Happened: This launch marks a significant milestone for the project, following the timeline set by lead developer Shytoshi Kusama, who had previously confirmed the debut of the Ethereum-based Layer-2 scaling solution at the Blockchain Futurist Conference in Canada.

"The Shibarium mainnet is now ready to on-board millions who are interested in shaping a new future that honors the principles of decentralization," developers said in a statement.

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