Shytoshi Kusama, the chief developer of SHIB, said that the Layer 2 blockchain solution Shibarium Early Public Beta (Early Public Beta) PUPPYNET has been launched.
According to the article, Shibarium is a Layer 2 blockchain that allows anyone to build DApps, integrate them into real-life businesses and provide support for projects. The network has low transaction costs, burns SHIB in the process, and adjusts as beta testing continues over the next few months.
The destruction of SHIB will depend on the transactions in the network, and the official will provide a SHIB destruction chart on the destruction portal. This is part of the Shibarium network testing. The article reminded that the current products on Shibarium are only for testing purposes, and “all tokens on PUPPYNET are not real.”
In addition, for potential validators, the official will release relevant documents next week so that they can set up test nodes. The article also released screenshots of the Shib the Metaverse booth at the SXSW Film Festival, and the MV team has set up the Early Alpha experience of WAGMI TEMPLE for media and community viewing.