
Published by
Benzinga
Benzinga
Last week,Shiba Inu (CRYPTO: SHIB) introduced its much-anticipated layer-2 solution, Shibarium, despite some initial hiccups. What Happened: The main objective behind Shibarium’s development was to tackle Ethereum’s (CRYPTO: ETH) scalability concerns head-on. By increasing transaction capacity and reducing costs, this solution aimed to elevate Shiba Inu beyond its origins as a mere meme coin. SHIB developer Shytoshi Kusama on Sunday provided an update on the team’s progress. He said “Today, the team focused on ensuring perfect security measures are in place and began deep testing on the blockc…