Following Shibarium’s botched launch, the network’s developers promised to provide regular updates as the network put measures in place to scale and handle any substantial amount of traffic. And in his latest update, lead developer Shytoshi Kusama has revealed plans to start implementing the “ShibPaper.”
What Is The ShibPaper?
According to the blog post released on August 22, Kusama announced that the implementation of the ShibPaper will begin on August 23 in hopes that Shibarium can accomplish a huge part of its vision of becoming a “decentralized digital nation state” this year.
Shibarium had, before launch, been touted to become a major player in the DeFi space upon launch. However, users questioned its decentralized nature following the botched launch, with users’ funds reportedly getting stuck on the Shibarium bridge.
This isn’t the first time the ShibPaper has been mentioned as Shiba Inu’s developer Kaal Dhairya highlighted the document in a tweet on August
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