Shiba Inu's lead developers, Shytoshi Kusama and Kaal Dhairya, have announced plans to transfer control of the project to its community by the end of the year, aligning with the original vision of the founder, Ryoshi. This move aims to achieve 'true decentralization' and empower the community to guide the project's future.
Transition to Decentralization
Shytoshi Kusama and Kaal Dhairya plan to transfer control of the Shiba Inu project to its community by the end of the year, as part of a bid for 'true decentralization.' This decision aligns with the original concept by the project's founder, Ryoshi, and aims to give the community more authority in guiding the project's future.
Community Role
In a profound statement, Shytoshi Kusama highlighted the role of the community, saying: > > The genius of Shib is the power of the community. > Kusama also emphasized that the Shiba Inu project is special because: > > It is because of the community. And that is what is most important—the technology to take Web2 to Web3, and the brand of a very special dog breed that has gone viral many times as a meme. > Kusama and Dhairya, who have remained anonymous throughout their leadership in the cryptocurrency, stress that the strength of Shiba Inu lies in its community. Their departure is intended to foster greater community involvement in governance and the technological evolution of the project, marking a significant shift towards a decentralized model.
Forecasts and Current Prices
A CNF post noted that an analyst predicted Shiba Inu could embark on a 354% surge to trade at $0.000081 in the near term. As of now, Shiba Inu (SHIB) is trading at $0.00001387, having surged by 6.38% within the last 24 hours and 2.09% in the past week.
The planned departure of Shytoshi Kusama and Kaal Dhairya marks a significant move towards decentralizing the Shiba Inu project. This transition aims to enhance the community's role in guiding and developing the project, which could positively impact the future of the cryptocurrency.
Comments