$SHIB Inu Partner Issues Major Development Update 😵
Shiba Inu (SHIB) is advancing its network push as its latest partner, K9 DAO, has made an important network announcement. The digital currency project has now landed K9 as a top validator with a focus on the PuppyNet testnet.
Shiba Inu and security boost
Shiba Inu started as a meme coin, however, it has evolved in the past year to become a highly watched proof-of-stake (PoS) protocol. Through Shibarium, the project is looking to revolutionize the smart contracts ecosystem on Ethereum.
As shared earlier by the project, it onboarded K9 Finance DAO as one of its validators. The launch of a validator on PuppyNet marks one of the first attempts by K9 to contribute actively to Shiba Inu’s security.
PuppyNet is a testing ground for the Shibarium protocol. It helps developers to validate the functionality of updates, products and any innovation they want to upload on the mainnet. Per the update shared, running the validator is a mutually beneficial update for both Shiba Inu and K9 Finance DAO.
While K9 will help keep Shiba Inu secured, the massive SHIB community will also give enhanced visibility to the K9 project. Overall, K9 Finance will be able to distribute BONE rewards to KNINE holders, returning value to its native supporters.
