Main navigation

Shiba Inu (SHIB) 'Worldpaper' Unveiled as Foundation for New Era

Advertisement
Sat, 19/08/2023 - 11:15
Shiba Inu (SHIB) 'Worldpaper' Unveiled as Foundation for New Era
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

As the Shiba Inu community remains abuzz with expectations, SHIB developer Kaal Dhairya points out that the most important announcement has been overshadowed by Shibarium-related concerns.

This has to do with the "worldpaper," which incorporates key ideas of SHIB decentralization. According to Dhairya, this "SHIB paper" will lay the foundation for the Shiba Inu decentralized digital nation.

Related

Advertisement

Layer 2 solution Shibarium encountered an unexpectedly massive influx shortly after its Aug. 16 launch, causing it to pause.

In an update blog post, Shiba Inu lead Shytoshi Kusama stated that scaling efforts for Shibarium have reached the second day and the team has achieved tremendous progress.

The restart of the Shibarium blockchain was also successful. Additionally, the Alchemy team scaled operations for Shibarium by 1,500%.

"SHIB paper" abridged: Here's what it contains

Shiba Inu lead Shytoshi Kusama presents essential Shiba Inu tenets in an abridged version of the "SHIB paper."

The "SHIB paper" defines the "Shiba Inu state" as a digital utopia for collective prosperity. In a world where decentralization and empowerment are on the rise, the Shiba Inu state emerges as a beacon, intertwining digital tenets with tangible community values and being meant to persist through the ages.

In the document's "Why The ShibPaper?" section, Kusama presents the SHIB paper as the ultimate meme that harnesses the power of Shiba Inu technology, the great Shibarium, and exploits it as the foundation for the emergence of a decentralized digital global state. The SHIB paper, according to Kusama, exists as a necessary charter for the birth of the Shiba Inu state.

Other topics of discussion include the Great Canine Code and national ethics referring to the 22 SHIB principles.

The document also highlighted the top 15 crypto problems solved by the Shiba state, among which are scalability and high transaction fees, a lack of governance and community inclusion.

Related

Likewise, the document outlined the top 10 global problems solved by the Shiba state, including centralization of power and wealth and data privacy concerns.

The recently unveiled self-sovereign identity (SSI) addresses data privacy concerns by allowing users to maintain control over their data while interacting in the digital realm, ensuring both privacy and security.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD