Shiba Inu: Shibarium will be more decentralized than Ethereum

Shibarium SHIB
  • It is the great objective of the Unification firm, which is considered the main developer of Shibarium. How can it possibly happen?
  • SHIB’s layer 2 technology will use Unification’s UNODE tool for decentralized applications (dapps) in the Shibarium ecosystem.
  • A 2022 Messari study revealed that more than 70% of top Ethereum applications run on just four centralized node providers.

Unification, who is the lead developer of Shibarium, Shiba Inu’s Layer 2 scaling solution, claimed that Shibarium could be more decentralized than Ethereum in the future.

To achieve this, SHIB’s layer 2 technology will use Unification’s UNODE tool for decentralized applications (dapps) in the Shibarium ecosystem.

Ringoshi Toitsu, a well-known Unification network validator, reported that FUND will be the only cryptocurrency to use and offer UNODE.

The unification is now addressing the next important point of centralization for Shibarium operations: EVM node operations. UNODE launching in 2023 offers a more secure and decentralized infrastructure for developers and Dapps, using FUND as gas!”.

Toitsu

The centralization of the Ethereum ecosystem has long been criticized, and a study by Messari in 2022 revealed that more than 70% of the main Ethereum applications run on just four centralized node providers.

“Unification UNODE addresses this Achilles heel by democratizing, decentralizing and incentivizing EVM node operations. In keeping with our spirit, this will be pure Web3. “

Toitsu.

It should be noted that the launch of UNODE is scheduled for the end of 2023.

This will benefit both FUND and Shiba Inu, as Unification’s technology includes Oracle of Oracles (OoO), a permissionless master oracle that combines data from centralized and decentralized exchanges to provide real-time asset prices.

Regarding the current state of development of layer 2, Toitsu stated:

“ Unification is doing an excellent job with their Shibarium technology and no one else can match it. We are still in an early beta stage with a focus on delegation/participation. People know BONE is gas, there will be REAL governance and TRUE SHIB users will be able to get rewards using the blockchain”

At the time of publication, Shiba Inu accumulates a gain of more than 5% in the last week and is trading at USD 0.00001108.