In addition, this ShibChain also shows you the results of testing the technical features of the bridge between the SHIB token blockchain and the chain and its interoperability. It also introduces $wSHIB cryptocurrencies, $SHIB, and their use cases in the chain ecosystem. Finally, this official report delves into the basics of the project and examines the token’s distribution, test times, and release schedule. Shiba Inu Coin (SHIB) is a cryptocurrency belonging to the Japanese Shiba Inu project and was issued as an ERC20 token. The name of this coin is inspired by the intelligent Shiba dog in Japan, with a desire to make the Shiba Inu coin a Doge Killer throughout the cryptocurrency system.
Shiba Inu is often used as a reward for many investors when they participate in trading on Shiba Swap. At the same time, the Shiba cryptocurrency also helps promote the Ethereum network to become stronger, creating a diverse and strong Defi ecosystem of the Shiba Inu project. When it was first formed, the founders of the project took the idea of the symbol of this coin, which is the image of a cute but also fierce Shiba dog when it possesses sharp teeth, showing greed—hoping to turn SHIB into a Doge Killer. SHIB is also one of the costly coins, with a galloping growth of more than 36,000% in just over 30 days. In addition, this token has also been officially listed on the world’s largest exchange Binance.
ShibChain Basic Points Table
|Circulating Supply||1,000,000.00B SC|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Who Are The Founders of ShibChain
High-performance Proof of Stake
Shib strives to solve performance, scalability, and usability issues while not compromising decentralization and everaging the existing developer community and ecosystem. Chain is an EVM-based blockchain solution with which users can conduct transactions with microtransaction fees and provide scalability and superior user experience for dApps and user functions. They are a team that loves the $SHIB cryptocurrency, so they do not compete with $SHIB. The chain is a new blockchain built and designed to create more benefits for $SHIB holders.
This blockchain is an EVM-based decentralized, scalable blockchain that runs using a high-performance Proof of Stake (PoS) consensus algorithm. Instead, they harmonize with the crypto meme by combining with $SHIB and empowering $SHIB holders and those who trust and love $SHIB access to blockchain games, NFTs, and systems in the ever-growing Defi ecosystem, one in which they can showcase their favorite meme coin to a wide range of applications.
Ecosystems like Ethereum or Solana are trying to build everything on top of it, which causes these networks to eventually become congested with many unrelated transactions that have to be resolved by sacrificing security or authorization. Updating these networks takes a long time, as any change can significantly impact existing applications. EVM (Ethereum Virtual Machine) is an Ethereum virtual machine. It can be understood that EVMs will act as intermediaries in executing smart contracts (smart contracts) on the Ethereum network. Each Ethereum node is equipped with its EVM, which will ensure the security and decentralization of the network.
Why Choose ShibChain?
EVM-compatible protocols incorporate a robust architecture, which has been proven through previous chains when applying this technology, which is also the technology that makes the dynamic a big push for DeFi product developers. And in addition to existing protocols, they propose your smart contracts and build following the expanded DeFi ecosystem. Shibchain does not compete with Ethereum, and they rely on an independent, EVM-compatible blockchain building framework that aims to make Shibchain interoperable with all dApps deployed on Ethereum. Therefore, they want to go along with this giant.
Where Can You Buy ShibChain (SC)?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest ALRIHLA/WBNB.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include ALRIHLA/WBNB And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
ShibChain Supported Wallet
Several Browser And Mobile App Based Wallets Support ShibChain. Here Is Example Of Wallet Which Support ShibChain – Trust Wallet For Hardware Ledger Nano.
FAQ Of ShibChain
Where I Can Find ShibChain Whitepaper?
You Can Find ShibChain Whitepaper By Clicking Here.
Where I Can Buy/Sell Balancer Token?
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – PancakeSwap (V2).
What is Circulating Supply Of Balancer Token?
Circulating Supply Of Balancer Token Is 1,000,000.00B SC.