Unification Foundation developer shares major news about Shibarium
The Unification Foundation, which is behind the development of Shibarium, the Layer 2 solution for Shiba Inu, today shared an in-depth article about its Average blog on third-party projects that the Unification team is developing and on Shibarium itself.
So, thanks to the post, it became known that The Shibarium Private Alpha TestNet has been launched a few weeks ago and is showing successful results. The biggest effort and attention of the team at the moment is concentrated in the development of the internal Shibarium wallet. According to developers, the wallet is intended to be an “all-inclusive” application, able to provide movement of assets between Layer 1 and Layer 2, the possibility of staking and, in the future, ShibaSwap will also be implemented in it.
The long development of Shibarium is explained by the need to build it on a solid, reliable and proven base. For this, Unification uses its own solutions, such as xFUND and Oracle of Oracles. These tools were also used to create the Woof Work marketplace.
Public beta testing of Shibarium can be expected by the third quarter of 2022. According to the authors, The Shibarium Public Beta TestNet will allow users and developers to finally test and evaluate the project, including the process of validation.
More utility for SHIB
After Shytoshi Kusama, one of the key people involved in the Shiba Inu project, suggests when Shibarium released a few weeks ago, and social media was swarmed with fans and holders clamoring for explanations and more information about the upcoming project. Given the large number of SHIBs in circulation, without the largest possible use cases at the moment, and a very active fan base, Shibarium is indeed an event to look forward to and could turn the tide for Shiba Inu. .