This week, the "Game-Changing" statement that the primary developer of Shiba Inu (SHIB), Shytoshi Kusama, had promised to deliver this week has finally been made public. There is a widespread consensus that this significant disclosure represents a significant step toward decentralizing the internet.
It has been announced that Shiba Inu intends to purchase a top-level domain.
The aspirations of Shiba Inu to become the "first decentralized Web3 ecosystem" to acquire its Top-level Domain were officially disclosed by the company in a post that was published on its official X platform, which was formerly known as Twitter. Their interpretation is that this represents a "major shift in the decentralization of the internet." For the purpose of carrying out this attempt, D3inc will be working in conjunction with us.
This development was also verified by D3inc on its X platform, where they stated that they are collaborating with Shiba Inu in order to "apply for and obtain the.shib Top-Level Domain (TLD)." In particular, D3inc is well-known for its involvement in the registration and trading of interoperable Web3 domain names that have both Web2 and Web3 capabilities.
Kusama apparently acknowledged that this was the "game-changing" surprise that he had been building anticipation towards, despite the fact that he did not officially put out any comment regarding this announcement on his X platform. Additionally, the fact that he had earlier stated that the news was going to be a "world's first" is further evidence that it is, in fact, the announcement.
Before the Shiba Inu and D3inc's X platforms made the huge reveal, Kusama had indicated that in order to comprehend the significance of the news, one must inquire about the promise that Web3 holds.
The Reasons Why the Announcement Is So Important
D3inc offered some interesting insights into the reasons why this news could, on the other hand, be more significant than some people believe it to be. They emphasized the incompatibility of Web3 names, such as ".crypto" and ".eth," with essential internet tools, including as web browsers and email, on their website. This is due to the fact that Web3 names do not work on the Domain Name System (DNS).
On the other hand, well-known Web2 top-level domains (TLDs) such as ".com" and ".net" are presumed to function on the Domain Name System (DNS), but they are not compatible with Web3 technologies such as digital identification and wallets. Due to the fact that it would include native support for Web2 and Web3 technologies, the '.shib' top-level domain (TLD) that is being proposed will automatically end up being a game-changer. In a nutshell, Shiba Inu will make it possible to bridge the gap that exists between the two sides of the web.
Additionally, it appears that this is a significant component of the Shiba Inu's road map, which is outlined in the 'Shib Paper.' In an X post, Shiba Inu developer Kaal Dhairya invited members of the community to show their support for the cause, which aims to decentralize the internet and make SHIB the "operating system of the future internet."