- Shiba Inu’s Shibarium will release its public testnet this year.
- In detail, the testnet will launch sometime in Q3 of 2022.
- Its main goal is to lower gas fees for its users across the Shiba ecosystem.
Shiba Inu’s ‘Shibarium’ blockchain announces that its public testnet release is set for Q3 2022. The thrilling announcement comes from the firm working on the development — The Unification Foundation.
From the tweet above, we can see that the SHIB army is very excited by the news and is eager for the testnet’s arrival. In particular, one response talks about how once the testnet is complete, Shiba Inu will migrate to Shibarium.
The same response also highlights how Shibarium is a layer-2 (L2) solution for Shiba Inu. It even goes on to draw light over the fact that SHIB is steadily advancing. After all, SHIB launched ShibaSwap, Shibnobi, SHIB: The Metaverse, and the Shiba Inu game.
SHIB’s creator said in a now-deleted tweet:
The line between an L2 and own blockchain is thin, I mean what is the difference really between Matic L2 and BSC?
In addition, one of the primary goals for the Shibarium is that it aims to lower transaction fees for users within the Shiba ecosystem. Also, the project’s developers at Unification say that transactions will be “approved in seconds for pennies”.
More so, the Shiba Project Lead, Shytoshi Kusama once said in Shiba discord “Shibarium will offer low fees for every service, game, or whatever that builds on it”. Considering Shiba Inu will still run on the Ethereum blockchain, Shibarium’s main goal is a big deal.
No doubt, the Ethereum network is known for its high gas fees and its users suffer from a very hefty gas price. Thus, Shibarium’s promises are expected to save a lot in terms of gas fees.
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