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Shiba Inu’s 2024 Journey: Key Milestones

Shibarium: Enhancing Scalability and Efficiency

  • Shibarium, Shiba Inu’s layer-2 blockchain, has significantly improved the project’s scalability and transaction speed.
  • Launched in 2023, it has attracted millions of users and reduced gas fees, addressing a major pain point for Ethereum users.

SHIBdentity: Empowering Digital Identity

  • SHIBdentity aims to revolutionize digital identity by providing users with control over their online presence.
  • It utilizes verifiable credentials and offers real-time communication, spam reduction, and private messaging.

SHEboshis: Unique and Hybrid NFTs

  • SHEboshis are a collection of 20,000 unique NFTs that combine shared ownership and individuality.
  • They embody the creativity and spirit of the Shiba Inu community.

Privacy-Focused Layer 3 Blockchain

  • Shiba Inu is developing a privacy-focused layer 3 blockchain that will allow computations on encrypted data without decryption.
  • $12 million has been raised from venture capital firms to support this project.

Token2049 Conference

  • Shiba Inu’s participation as a gold sponsor at the Token2049 conference in Dubai showcased its growing influence in the crypto space.

ShibaSwap Integration

  • ShibaSwap, the native DEX of Shiba Inu, will be integrated into the Shibarium blockchain.
  • This will allow users to create liquidity pools and directly impact the ecosystem’s development.