The most significant announcement has been overshadowed by Shibarium-related worries, according to SHIB creator Kaal Dhairya, who also notes that the Shiba Inu community is still ablaze with anticipation.
This relates to the “worldpaper,” which includes important SHIB decentralisation concepts. Dhairya claims that this “SHIB paper” would serve as the structure for the decentralised digital country of the Shiba Inu.
Layer 2 remedy Shibarium paused immediately after its opening on August 16 due to an unusually large influx.
Shiba Inu head Shytoshi Kusama revealed in an update blog post that scaling efforts for Shibarium have entered the second day and the team has made outstanding progress.
The Shibarium blockchain was successfully restarted as well. The Alchemy team also increased Shibarium’s operational size by 1,500%.
“SHIB paper” abridged: Here’s what it contains
Shiba Inu leader Shytoshi Kusama summarises key Shiba Inu principles in the “SHIB paper.”
The “SHIB paper” characterises the “Shiba Inu state” as a virtual paradise for achieving social progress. The Shiba Inu state emerges as a lighthouse in a world where decentralisation and empowerment are on the increase, fusing digital principles with actual community values and designed to endure throughout time.
Kusama describes the SHIB paper as the pinnacle meme that takes use of Shiba Inu technology, the great Shibarium, and uses it as the basis for the formation of a decentralised digital global state in the portion of the document titled “Why The ShibPaper?” Kusama asserts that the SHIB paper serves as a foundational document for the establishment of the Shiba Inu state.
The Great Canine Code and national ethics pertaining to the 22 SHIB principles are further discussion subjects.
Additionally, the paper listed the top 15 crypto issues that the Shiba state has resolved, some of which include scalability, high transaction costs, a lack of governance, and community involvement.
The pamphlet also listed the top 10 global issues that the Shiba state had resolved, including the concentration of money and power as well as data privacy issues.
Data privacy problems are addressed by the recently released self-sovereign identity (SSI), which gives individuals authority over their data while engaging online, providing both privacy and security.
