Shiba Inu Layer 3: SHIB Team Member Shares Crucial Ecosystem Update

by Norberto Parisian

The Shiba Inu ecosystem is getting ready to most necessary advancement because it develops its bear Layer 3 network.

In a recent tweet, SHIB team member Lucie offered the biggest replace on a bunch of tokens and dApps in the Shiba Inu ecosystem, highlighting the mighty anticipated Layer 3 network.

🌐 Welcome to the Shib Ecosystem! 🌐

Dive into the arena of Shib with our unique sources and dApps designed to empower and attach the #SHIBARMY. From $SHIB, $LEASH, $BONE, $SHEB, #Shiboshis, #ShibtheMV, and COMING SOON: $TREAT and $SHI (now no longer but launched!), to progressive… pic.twitter.com/70MTmFCXo8

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 27, 2024

Lucie offered a closer look for into the Shiba Inu ecosystem, highlighting unique sources and dApps equivalent to SHIB, LEASH, BONE, Shiboshis and ShibtheMV. Expectations stay on the TREAT and SHI tokens, which would be but to be launched.

Lucie outlined various Shiba Inu dApps equivalent to ShibaHub, ShibaSwap and Shiba Eternity, all on Shibarium, as smartly because the SHIB name service developed in partnership with D3inc. The Shiba Inu team member went on to comment that one among potentially the most attention-grabbing things coming to the Shiba Inu ecosystem is its very bear Layer 3.

Shiba Inu Layer 3 in growth

As Lucie talked about, Shiba Inu builders are collaborating with the initiate-source cryptography company Zama on the upcoming Shiba Inu Layer 3 network, which has but to be named.

This network will exercise Fully Homomorphic Encryption (FHE), a privacy utility that allows builders to use data on untrusted domains without needing to decrypt it, making sure both security and privacy. Shiba Inu is expected to profit from FHE, as are all of its tokens and projects, from Bone to Deal with, the Metaverse to Shibdentity.

Essentially based completely mostly on an earlier announcement this year, Shiba Inu intends to starting up a brand unusual privacy-centered network on top of the Shibarium blockchain.

The upcoming Shiba Inu ecosystem token TREAT will energy the “unusual privacy layer,” permitting builders to create a focused network on top of Shibarium, a Layer-2 network that settles transactions on the Ethereum blockchain. The pass is expected to toughen on-chain privacy for SHIB token holders while also conserving their internal most and transactional data.

Related Posts