Inside Shibarium’s Network: The Layer-2 Solution
If you’ve been attuned to crypto circles, particularly on platforms like Twitter and Discord, SHIB’s resurgence has been hard to miss.
Their price has soared by nearly 60% since 2023 began, outstripping even giants like ethereum (ETH) and bitcoin (BTC).
Central to this discussion has been the term “Shibarium”, linked directly to Shiba Inu, it’s not some esoteric concept but a pivotal layer-2 blockchain rooted in the Ethereum foundation.
Its introduction signifies a crucial expansion in the Shiba Inu universe, functioning as a scaling solution.
This will not only expedite token transactions but also curtail the associated “gas” expenses users incur.
Moreover, the Shibarium network integrates an enhanced mechanism to “burn” shiba inu coins, strategically decreasing the token supply to increase the remaining coins’ value.
