Shiba Inu Begins Early Beta Test of Shibarium Network

Shiba Inu Begins Early Beta Test of Shibarium Network

Shiba Inu launched the early beta version of Shibarium, an Ethereum-based Layer2 network, which is called PUPPYNET. It allows anyone to build DAPPS, integrate into IRL businesses, and power projects with it.

Shibarium is low cost, burns $SHIB in the process, and is being adjusted as the beta test continues over the next few months. $SHIB burns will depend on the transactions in the network. To keep track, the team will have a running chart for burnt $SHIB on the burn portal.

Officials also reminded users that all tokens on PUPPYNET are not real. For those who wish to be Validators, next week the documentation will follow so they can set up a test node.

Source

Ethereum

Layer 2

Meme

In This Article

Related News
Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem
Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
Ethereum developers to end support for Holesky testnet in September Ethereum developers to end support for Holesky testnet in September
Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
Latest News More More
13 Hours Ago Kraken launches forex perpetual futures with up to 20x leverage
13 Hours Ago Bybit CEO says nearly 28% of $1.4 billion hacked crypto 'gone dark,' moved to P2P and OTC
3 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
3 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
4 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open