A beta version of Shibarium, the highly anticipated Shiba Inu (SHIB) layer 2 scaling solution, is officially available.
The pseudonymous developer in charge of the project, Shytoshi Kusama, says his team has flipped the switch and early beta testers can now use the testnet.
However, he cautions cryptocurrency traders that the tokens on the testnet, which has been labeled Puppynet, are not investments in any way.
“To the folks at TLDR, this is an open early beta test, so go ahead, you can access it now here! The official Shibarium RPC website is available here.
All tokens on Puppynet ARE NOT REAL. Don’t spend your hard-earned SHIBS on these tokens if you see them, no matter how hard the people, anyone, the shills.”
Shibarium is an Ethereum-based Layer 2 blockchain similar to Polygon (MATIC).
It is designed to allow developers to build fast, inexpensive, and highly scalable applications.
The project was first announced in May 2021 and has been in constant development ever since.
Once the beta test is complete, the platform will generate a new ecosystem of custom tokens that can be traded using Bone ShibaSwap (BONE) to pay for gas.
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Featured Image: Shutterstock/Sergey Nivens/Nikelser Kate
