The Shibarium public beta network, the SHIB layer 2 scaling solution, will be released soon

Time：2022-02-07 Source： 563 views NFT Copy share

According to the news on February 8, according to the official Medium blog of Unification Foundation, an enterprise blockchain solution provider, the public testnet of Shibarium, a two-layer expansion solution for SHIB, will be released soon, but ShibaInu developers have not yet formulated a clear plan for the project. Timetable, the second version of the Shibarium private test network has been launched.

Since ShibaInu is an ERC-20 token on top of the Ethereum blockchain, many newcomers cannot afford high gas fees, so many community members hope that Shibarium can become a game changer and launch a layer-2 scaling solution as soon as possible.

Additionally, ShibaInu developers also revealed that they are planning to develop an algorithmic stablecoin called SHI, which will run on Ethereum and Shibarium.

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