In an exciting update for the Shiba Inu community, the eagerly awaited mainnet launch of Shibarium, the Ethereum-based Layer 2 protocol, has finally received a confirmed date.
Lead developer Shytoshi Kusama recently unveiled the timeline for the launch, generating immense anticipation among supporters and enthusiasts. According to a blog post by Shytoshi Kusama, Shibarium is set to make its debut at the Blockchain Futurist Conference, scheduled to take place in Toronto in August of this year. As one of the event’s prominent sponsors, Kusama believes that the conference will provide the perfect environment to share this long-awaited news.
Shibarium has undergone months of meticulous development by the Shiba Inu team, which embarked on a mission to introduce a highly functional scaling solution that would contribute to the expansion of Ethereum’s ecosystem. The developmental efforts have gained significant traction, particularly since the launch of the test net, PuppyNet, several months ago.
Shibarium’s Journey And Enthusiastic Community Response
The Shiba Inu community has shown tremendous enthusiasm and support for the Shibarium protocol, evident in the increasing user count, measured by active wallet addresses, as well as consistent transaction growth. This positive response has motivated Shytoshi Kusama and other team members to continue working on the protocol, leading up to the highly anticipated main net release.
Kusama further confirmed that, as part of the Blockchain Futurist Conference, a multi-month hackathon will be launched to facilitate the onboarding of new decentralized applications and smart contracts onto the Shibarium protocol. This initiative aims to encourage developers to explore the possibilities of the protocol as it goes live.
While the launch of Shibarium undoubtedly steals the spotlight at the Blockchain Futurist Conference, attendees can expect even more exciting announcements. Kusama revealed that the protocol’s grand Whitepaper, aptly named the “Worldpaper,” will be exhibited, alongside other Shib-branded projects. Additionally, Treat, a significant development in the Shiba Inu ecosystem, will be presented in detail for the first time.
With the Shiba Inu team showcasing further advancements in their efforts to launch the Shibarium protocol, expectations are high for a positive price impact on SHIB and other tokens within the ecosystem in the mid-to-long-term. The community eagerly awaits the conference, as it promises to be a significant milestone in the journey of Shibarium and the Shiba Inu project as a whole.