Shiba Inu is going to start own blockchain to reduce gas fees
Shiba Inu is about to deliver new features for its users, including the Shiba Inu blockchain.
Shibarium will going to offers a better way for SHIB users to transact - both in terms of cost and functionality. The fees are lower, and wallet functions are more robust.
"Shiba Inu" founder Ryoshi recently wrote on Medium "I've already spoken to a great team of developers who will be willing to build and fully decentralize this project for the Shiba community."
It should be noted that Shiba Inu currently operates on the Ethereum blockchain and Ethereum transactions cost about $9.11 each. Shiba is working hard to make this much more affordable for people.
SHIB's been around for a bit and has been steadily gaining popularity. In fact, it even managed to outrank industry icons like Bitcoin and Ethereum.
The SHIBA Inu got 188 million views during the last 12 months while Bitcoin did 145 million. SHIB is currently ranked 13th in the world, with a market capitalization of over $20 billion.
Shiba Inu now also accepted by largest VR centre at USA
Disclaimer: Cryptogurukul has no relationship to these projects, and there is no endorsement or investment advise. Please seek professional advice before taking financial risks.