The Shiba Inu community has called on Ethereum founder Vitalik Buterin to recognize Shibarium as an important Ethereum Layer 2 network.
The Shiba Inu continues to receive significant attention from industry leaders and prominent market analysts. For example, Jeremy DaVinci is known for being one of the earliest adopters of Bitcoin. be persistently called Investors will be able to invest in SHIB.
Despite starting out as a meme coin, Shiba Inu has evolved into a decentralized ecosystem and secured its position as the top crypto asset in the market. However, despite its growing profile, Ethereum founder Vitalik Buterin has often missed multiple opportunities to evaluate the project's resilience.
Shibari Omu omitted
One such incident occurred recently when Buterin was in the spotlight. Denkun hard fork, Ethereum's latest upgrade, aims to further reduce gas fees on the Ethereum Layer 2 network. However, for this to be effective, these layer 2 networks must adopt the BLOB transaction protocol that comes with Dencun.
To demonstrate the current fee rates observed across the Ethereum ecosystem, including Layer 2 rollups, Buterin provides a list of notable Layer 2 networks and the fees they charge to send Ethereum and exchange tokens. Did.
Nine Layer 2 networks were recognized in this list, including Arbitrum One, Polygon zkEVM, Baba Network, Optimism, and zkSync. In particular, these networks have the opportunity to leverage BLOBs for cheaper transactions. However, this list does not include other prominent Layer 2s, including Shibarium, despite their lower prices.
For context, analysis We looked at fee structures across multiple networks and found that Shibarium outperforms Polygon, Bitcoin, Cardano, and Ethereum in transaction costs, with an average transaction fee of $0.00001. This positions it as one of the cheapest networks to use.
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After Buterin did not include Shibareum on the list, the Shiba Inu community jumped in to demand recognition from the Ethereum founder. “Add shibarium to the list. Shibarium is also part of eth layer 2. Come on, vitalik.” Indonesian SHIB community members said.
In response, Ragnar, a member of the Shiba Inu ecosystem team and community figure among others, asked Buterin when the Ethereum team plans to include Rium on its list. Despite extensive calls from community members, Buterin has not responded as of press time.
Wen Sybarium @VitalikButerin ??? Let's do it. https://t.co/9uGXcn7qt8
— RagnarShib.eth (@RagnarShiba) March 30, 2024
Buterin underestimates the Shiba Inu
Mr. Buterin has had multiple interactions regarding the Shiba Inu, showing his feelings towards the product. When the founder of Ethereum discovered that his 20% of the reserves on major exchange Crypto.com were made up of Shiba Inu, he said: expressed surpriseHe hinted that he did not expect SHIB to account for such a large amount of the major exchange's holdings.
Buterin admitted last month that he underestimated Shiba Inu when he received half of the token's circulating supply in 2021. He said he expected it to crash like other meme coins, so he burned most of it and donated the rest to charity. But Buterin said: SHIB exceeded his expectations
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