The Shiba Inu community has received warnings about con artists that make false promises of Shibarium testnet awards.
Such untrue assertions have been brought to light by “ShibArmy scam alerts” or @susbarium, a Twitter account committed to disseminating scam alerts and safeguarding the SHIB community.
A image of a tweet from a fraudster who claimed to have gotten his Shibarium testnet award was provided by @susbarium. It informs the Shiba Inu community about the lack of Shibarium testnet incentives and implores them not to fall victim to these pitfalls.
The Twitter post from a member of the SHIB community that included a screenshot of a con artist advertising false Shibarium launch goodies was also shared by “Shibarmy scam alerts”. These mails are nothing more than frauds, and the SHIB community has been warned to disregard them.
Owners of Shiba Inus are advised not to click on shady links. Scammers commonly use social engineering to deceive people into disclosing their passwords or seed phrases or to gain personal information from them. For certain assaults, all that is needed is the victim’s wallet address.
Shibarium architecture
Validators are essential to the upkeep of the Shibarium network. By staking BONE to create, verify, and take part in PoS consensus, validators operate a complete node and protect the network.
Anyone may sign up to be a validator during the testnet run by completing the website’s intake form, according to the Shibarium documentation. A trustworthy team will hand-pick validators once the mainnet is operational to ensure the security of the network. There are 100 spaces available for validators.
Validators will be compensated for their work and contributions in a stake-proportional manner. Based on the quantity of tokens invested, the awards will be divided among all players.
The prizes that may be claimed are determined by the user’s reward balance, which is documented in a contract. At each stage, rewards will be given to each stakeholder in proportion to their stake, with the exception of the proposer, who will also get a bonus.
Shibarium has not yet made its mainnet debut and is still only available on the testnet. Shibarium beta “Puppynet” was launched on March 11.
