Already Dead? Shibarium Developer’s Silence Sparks Skepticism in Shiba Inu Community

The core developers behind the popular memecoin project Shiba Inu have been touting the upcoming release of their own Layer 2 scaling solution, Shibarium. However, there is little concrete information available on who exactly is developing on the platform at this time.

In various social media comments, the lead developers and community managers for Shiba Inu have issued challenges for others to build on Shibarium, stating “You can develop on Shibarium!” whenever questions arise about its progress. Yet no specific details have been provided on which individuals or entities are actually developing applications and services for the platform.

Some community members have echoed similar ambiguous responses, replying to inquiries with comments like “YoU cAn DeV” and “Y u DoNt DeV dEn?” This vagueness surrounding Shibarium’s development has left many in the community skeptical about who, if anyone, is currently building on the protocol.

Celebrate Dogecoin and Make Big Gains with Doge2014!

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Show more +

Furthermore, after a recent announcement regarding an unexplained gas token “Bone” renouncement which lacked follow-up details, trust in the Shiba Inu team’s communication has declined. The developers had promised to address the renouncement issue later in the week, but no clarification was ever provided.

The Shibarium beta launch has also been criticized as an exaggerated marketing ploy, rather than a substantive test of the technology. With no transparency around active Shibarium developers, one is left to wonder – is anyone building on Shibarium at all? For a project seeking to foster an active decentralized network, obscurity about who is contributing does not bode well.

The Shiba Inu developers have taken a risky approach by heavily promoting Shibarium while keeping the developer community highly ambiguous. To regain trust, they should urgently prioritize communicating concrete details on development teams, applications, and timelines. For a project of this scale in the fast-moving crypto space, transparency is key.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

CaptainAltcoin
Logo