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HomeCrypto NewsMarketShiba Inu Ends Meme Era with Launch of Ambitious Project

Shiba Inu Ends Meme Era with Launch of Ambitious Project

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The Shiba Inu ecosystem team announces a major project that could revolutionize SHIB and potentially mark the end of its meme era. 

The team took to X to announce the beta launch of Shib Alpha Layer, the ecosystem’s rollup abstraction developed in collaboration with ElderLabs. Despite no VC funding, the Shiba Inu ecosystem team and ElderLabs’ engineers successfully built the project in record time.

Shiba Inu Ignores Critics, Ships Ambitious Project  

While unveiling the new initiative, Shiba Inu’s lead developer, Kaal Dhairya, reflected on past criticism directed at the cryptocurrency. He noted that Shiba Inu was initially dismissed as a meme coin, overwhelmed by “Wen Shibarium?” jibes and drowned in fear, uncertainty, and doubt (FUD).

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Instead of focusing on the criticism, Dhairya emphasized that the team kept building, delivering key projects like Shib Alpha Layer, which he introduced yesterday.

The Shib Alpha Layer helps unify every RollApp, integrating them into a single, ultra-fast layer. It acts as a unified top layer that hides the complexity of multiple RollApps operating beneath it.

“[With Shib Alpha Layer], users feel like they are transacting on one chain while dozens of rollups operate beneath the surface,” Dhairya remarked

Benefits of Shib Alpha Layer 

Some of its benefits include ‘single-chain UX,’ which prevents users from having to hop between bridges or fragmented wallets. It also provides users with near-instant finality with blazing-fast transactions. 

The Shib Alpha Layer enables users to pay transaction costs using any token of their choice, including SHIB and BONE. It features ZAMA’s Fully Homomorphic Encryption (FHE), offering encrypted smart contract logic. 

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Moreover, it is equipped with a plug-and-play ShibOS service, allowing users to choose any module while ignoring others. Meanwhile, Dhairya disclosed other upcoming features to be added to the project, including instant bridging and multi-chain interoperability. 

Interestingly, the top developer highlighted Shibarium as the settlement layer of the project. This automatically upgrades every RollApp to an L3 network, equipping them with built-in security. 

Furthermore, subsequent upgrades would feature full FHE support, with RollApp deployment open to everyone. 

Following the project’s beta launch, Dhairya emphasized that Shiba Inu’s meme era has ended, signaling the beginning of the Shib Alpha Layer era. 

Shiba Inu Lead Developer Highlights New Project 

Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, also brought the newly introduced project to the community’s attention, urging enthusiasts to read the text from Dhairya. 

Recall that Kusama has been inactive on X over the past few weeks due to his ongoing work on the whitepaper exploring the interaction between Shiba Inu and AI. 

However, he emerged from hibernation yesterday to highlight Shiba Inu’s Web3 gaming initiative on Astra Nova’s TokenPlay.ai platform and the newly introduced Shib Alpha Layer. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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