According to Kuro’s tweet, the document has three new updates. These include Build on Shibarium, Become a Validator, and Bridge Assets. The first update focuses on providing guidance on how developers can build and launch decentralized applications on Shibarium, SHIB’s layer 2 blockchain.
‘Become a Validator’ is the second update and has procedures that allow users to become Shibarium validators. To maintain the integrity and security of the network, this involves verifying blocks and transactions. According to the article, validators help Shibarium become more decentralized so that no single party can control the entire network.
In the final section, a guide to “bridge assets” on Shibarium is included. This section details how users can move digital assets between Ethereum and Shibarium. The document explains what a “Token Bridge” is, its importance, and how users can use this feature.
Shiba Inu Documentation has been updated!
▫Build on Shibarium
▫Become a Validator
▫Bridge Assets
☟https://t.co/n6juf4IFrl#SHIB #Shibarium pic.twitter.com/0igHegD3Pi— KURO🐾SHIBARMY JPN🇯🇵 (@kuro_9696_9696) July 2, 2024
How is Shibarium doing?
Shibarium is one of the most talked about developments in the cryptocurrency market. Even after its launch, it is still relevant, as it has broken several records in the past few months. But recently, the network development has stopped. Latest data shows 5,740 new blocks were processed on Shibarium alone.
This is a drop of about 70% from the 17,214 recorded the previous day. In addition, two days later, there were only about 6,000 daily transactions. This is down from more than 14,000 on June 30.
Shiba Inu, at press time, was trading at $0.00001687, after falling 1.49% over the past 24 hours. The meme coin has fallen 32% over the past month.
