Shiba Inu (SHIB) developers announced the release of early beta testing of their layer-2 solution, Shibarium Network.
Shibarium is a blockchain technology that allows anyone to build decentralized applications (DAPPS) and power projects on a low-cost, decentralized network that uses SHIB in the process.
Beta testing for Shibarium will continue for the next few months.
Beta test all cryptocurrency open to developers and anyone who wishes can develop projects on the Shibarium Network. Validators will be able to access the documentation next week so they can set up a test node.
Shiba Inu (SHIB) Developers Respond to Sam Bankman-Fried Claims as SHIB Founder
However, the developers also evaluated the claims that FTX CEO Sam Bankman-Fried is actually the founder of Shiba Inu:
“Ryoshi was a huge wrestling fan. Especially WWF wrestling. Macho Man was choosing Gifs from people like Randy Savage and Ric Flair! At one point we even considered hiring Ric Flair for a Shib commercial. SBF wasn’t even born then. How could he know how to step up to Slim Jim?
More importantly, Ryoshi was not much of a fan of centralized exchanges (CEX), as his messages show, and would never have run one of them himself.”
However, the team said that the tokens that will be released during the testnet process will be for testing purposes only and will not be coins of real value. The team urged investors to be wary of those trying to sell these test tokens.
*Not investment advice.
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