SHIB developers will launch a beta version of the Shibarium network

Shiba Inu Developers Announces Tier 2 Shibarum Network Beta Launch. This will speed up the network and allow developers to create decentralized applications and integrate NFTs. According to the developers, the network should provide the community with tools for the development of the ecosystem, and not become a catalyst for increasing the price of the token.. According to them, Shibarium is a critical upgrade for the Shiba Inu ecosystem, as it will speed up its operation and enable the creation of decentralized applications (dApps) and the integration of non-fungible tokens (NFTs). The key feature of the update will be the burn mechanism – all transactions will have a certain burn amount, and the mechanism will fire every time a transaction is executed.. The company does not name the exact release date of the update, however, they say that this will happen soon. “We want the community to immediately understand the main benefits of the update after the launch of the testnet.. Therefore, we plan to keep a technical blog, in which we will explain in detail this or that function.. All information will also be added to our database. Shibarium layer 2 protocols will be able to serve different areas of the industry, such as the metaverse, Web3 and games. Previously, this was not possible due to scalability and performance limitations. Recall that in the summer, Shiba Inu entered into an agreement with the American visualization studio The Third Floor to create a virtual world SHIB: The Metaverse Project.