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

Shibarium's Significance for the Shiba Inu Ecosystem

user avatar

by Giorgi Kostiuk

9 months ago


Shiba Inu's layer-2 blockchain, Shibarium, is on the verge of reaching a significant milestone of 10 million blocks, highlighting the network’s growing popularity.

Current State of Shibarium

According to Shibariumscan, the total number of blocks has reached 9,948,074, with transactions surpassing 960 million, while total addresses are at 167,659,600. Despite daily transactions declining to 551,390 from 1.46 million, the community anticipates advancements like enhanced scalability and new partnerships.

The Future of Decentralized Governance with Shib OS

Shiba Inu team member Lucie outlined 'Shib OS' as the future of decentralized governance. This system aims to transition from outdated centralized models to transparent and secure decentralized governance, providing immutability, security, and automation for trustless decision-making.

Fraud Warning for the Shiba Inu Community

As Shibarium gains traction, scammers seek opportunities to deceive users. A critical warning from Susbarium Shibarium Trustwatch highlights fake 'Shibarium Rewards' claims. The community is urged to verify information through official channels and avoid suspicious links, and to never disclose private wallet information like seed phrases or private keys.

Reaching the 10 million block mark will be a significant milestone for Shibarium, with ongoing development promising many new opportunities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

GeeFi's GEE Token Presale Promises High Returns

chest

The GEE token presale is currently priced at $0.06, with potential returns of up to 4,900% as analysts predict a future value of $3.

user avatarMaria Gutierrez

Institutional Interest in Shiba Inu Grows

chest

T Rowe Price has included Shiba Inu in its active crypto ETF, signaling increased institutional interest.

user avatarDavid Robinson

Ethereum Price Faces Resistance at Descending Channel Top

chest

Ethereum is currently testing the upper boundary of a descending channel, with significant resistance observed.

user avatarAndrew Smith

Bitcoin Prices Decline Amidst Choppy Crypto Market

chest

The cryptocurrency market is currently facing volatility, with Bitcoin experiencing a decline in value.

user avatarJacob Williams

Rural Brazil Leads in Cryptocurrency Adoption

chest

Rural areas in Brazil are leading in cryptocurrency adoption, using stablecoins for payments and financial stability.

user avatarMohamed Farouk

Strategy Announces $14 Billion Reserve Amid Market Concerns

chest

Strategy announced a $14 billion reserve to cover future payments, but its stock fell by 79% amid market concerns.

user avatarZainab Kamara

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.