“If you consider even the best L2’s to be a Ferrari engine, we just placed a Lamborghini engine into a Revuelto and handed the community the keys… The others are still in the shop with devs tweaking the cylinders”
Shibarium promises rapid transaction velocities at reduced gas costs, significantly enhancing the Shiba Inu user experience. Until now, the Shiba Inu ecosystem was anchored on the Ethereum blockchain. Despite Ethereum’s security and robust decentralized finance (DeFi) offerings, it has been marred by high transaction costs and delays.
According to the developers, Shibarium’s platform is not only cost-effective for protocol development but will also bolster the potential and reach of the broader ecosystem. It will serve as a support system for all facets of the Shiba Inu ecosystem, including tokens like $SHIB, $LEACH, $BONE, as well as platforms like Shiboshi NFTs, SHIB The Metaverse, ShibaSwap DEX, Shiba Eternity Game, and numerous other forthcoming initiatives.
A notable aspect of Shiba Inu’s roadmap is the emphasis on decentralized digital identities. Their goal is to enable users to manage and safeguard their digital identities independently. By integrating Self-Sovereign Identity (SSI), users can maintain verified credentials, including physical identity confirmations such as passports and driving licenses.