Shiba Inu’s highly-anticipated layer-2 network Shibarium will launch in beta mode next week, according to a key player in the memecoin’s ecosystem.
The official Twitter account for Bone ShibaSwap (BONE) just posted a viral tweet confirming the launch date.
The most #important topics for everyone!
1. It has been confirmed that #Shibarium Beta will be released next week
2. Over a million #Shiba holders will buy $bone for very low fees and burn $Shib with every transaction.
3. You will need #bone for everything in the #shib ecosystem
— BoneShibaSwap (@BoneShiba) February 21, 2023
Shibarium is designed to be similar to other layer-2 scaling solutions like Polygon (MATIC).
The new network will let developers create custom tokens within the Shiba Inu ecosystem. It’s also expected to significantly speed up transaction speeds and lower gas fees.
The Shibarium scaling solution will use BONE as its 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 has said he’s not giving firm dates to avoid disappointment from delays that could happen along the way.
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Check Latest News Headlines
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any 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
Generated Image: DALLE-2