• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Shiba Inu: Tools for Community Control and Rejection of Centralization

user avatar

by Giorgi Kostiuk

a day ago


A debate in the Shiba Inu ecosystem has emerged regarding the transfer of control over key project assets, eliciting various community responses.

Discussion on Control in Shiba Inu

Recent discussions in the Shiba Inu ecosystem highlighted that developer Kaal Dhairya rejected the notion of taking control of significant project assets. This conversation was initiated by user X, known as 'woofswap', who proposed handing over control of the Ryoshi Medium and the official Shibtoken X account to Dhairya. However, this suggestion received criticism from another participant, who argued that such a move would negate the decentralized nature of the project.

Launch of Activity Tracking Tool

The Shiba Inu team has launched a new tool called the Shib Alpha Layer Block Explorer. This tool provides real-time tracking of transactions and block data within the Shibarium Layer-3 infrastructure, aimed at enhancing scalability and privacy. This innovation assists the community in monitoring the network's development and supports Dhairya’s efforts for a more transparent system.

Shift to Decentralized Governance

Kaal Dhairya expressed that centralization is not a desirable direction. He proposed that governance should be transferred to the DAO (Decentralized Autonomous Organization) and the Shiba Foundation, allowing the community to make crucial decisions. This move towards decentralization implies that all decisions and votes will be recorded on the blockchain, enhancing governance transparency.

The rejection of centralized control in favor of DAO indicates a significant shift in the Shiba Inu ecosystem, aiming to become more transparent and community-driven.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Anonymous Bitcoin Whale Earns $92 Million from Binance Transaction

chest

A recent transaction by an anonymous Bitcoin whale highlights profit-making opportunities in the cryptocurrency world.

user avatarGiorgi Kostiuk

Pepe Coin Gains Momentum as Mutuum Finance Draws Investor Attention

chest

The cryptocurrency market is reviving: Pepe Coin shows growth, while Mutuum Finance leads with innovative approaches.

user avatarGiorgi Kostiuk

Major Cryptocurrency Prices on July 21, 2025: Bitcoin Falls, Ethereum Rises

chest

The cryptocurrency market shows mixed movements on July 21, with Bitcoin falling and Ethereum rising.

user avatarGiorgi Kostiuk

SEC Updates Staking Guidelines to Assist US Stakers

chest

The SEC has released new staking guidelines, reducing compliance risks and promoting staking participation growth in the US.

user avatarGiorgi Kostiuk

About Reserve Coin Series: The Future of Digital Payments and Personal Finance

chest

Reserve Coin Series is the official currency of the new generation for borderless financial solutions.

user avatarGiorgi Kostiuk

China's Lending Rates: What Stability Means for the Economy and Crypto Market?

chest

China's central bank kept lending rates stable, drawing interest towards its implications for the domestic economy and global markets.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.