The lead developer of Shiba Inu, Shytoshi Kusama, announced in a recent blog post that the beta version of Shibarium will be made available after he publishes another post regarding the development of the layer-2 network. Although Kusama did not give a specific release date, he did provide more information about the timeline of the beta version and the obstacles that need to be overcome.
Top Notch NFTs Collection and Creation (TokenPunkies Click)Kusama's latest blog post is a continuation of his series of Medium posts that aim to introduce Shibarium to the public. In the second installment, titled "Shibarium Blog: 2022 The Year of Learning," Kusama discusses the challenges that the project has faced in the past year. This update provides readers with a deeper understanding of the development process and the progress that has been made.
In his recent blog post, Kusama highlighted the challenges he faced while working on the project, including opposition from different parties. Despite dealing with personal setbacks such as family issues and even receiving death threats, the lead developer remained committed to the project and reassured readers that it will not be negatively impacted by any opposition.
Kusama's main objective for Shibarium was to differentiate it from other real-life project apps and make it stand out. To achieve this goal, he received assistance from external company Welly to address the various questions surrounding this challenge for Shibarium. With this collaboration, Kusama hopes to make Shibarium a unique and innovative project that surpasses other similar applications in the market.
AN OBSTACLE-FILLED PATH TO SHIBARIUM
Kusama posed the question, "What are the key factors to consider when working with Shibarium in terms of security, supply, and blockchain?" He then disclosed that his research findings had helped him refocus Shibarium's attention on its real-life (IRL) applications, rather than focusing solely on factors such as cost, speed, or brand recognition.
The lead developer of Shiba Inu, in addition to commending the Metaverse team as the world's best, responded to the frequently asked question, "But when is the release date?" He stated that he intends to publish another blog post detailing the work he has done behind the scenes to ensure Shibarium meets the necessary standards for public use.
In the next blog post, the Shibarium team will cover a range of topics such as community protection measures, technical details, and other relevant information. Following the publication of the blog, the beta version of Shibarium will be released shortly after. Notably, Kusama reassured readers that the release date for the beta version is coming soon.
When the blog post was initially published, the price of Shiba Inu reacted with a 4% increase. However, Kusama's statements were still too vague to provide significant support for a substantial rally. Consequently, the strength of the SHIB bulls quickly tapered off.
As of the time of writing, SHIB was being traded at a price of $0.00001358. In terms of an upward movement, it is crucial to confirm a sustained uptrend by breaking the resistance level at $0.00001397. In terms of a downward movement, investors should be mindful of the support level at $0.00001222.
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