More Utility for Shib!

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More Utility for Shib!

Alex, a member of the ShibArmy is starting another crypto blockchain for Shib, only Shib, and nothing else! Alex is a member of the group that runs the shibburn.com website.  What is shibburn.com?

Alex, recently posted a message on X (formerly Twitter) that he and his team is going to start a new Shib Association.  The new Shib Association is going  to build another crypto blockchain for Shib and it will use Shib and only Shib as the gas token which means more utility for Shib! Alex registered two websites, www.shibassociation.com and shibassociation.org for the new Shib organization.  His sister is going to help him run the Shib Association account on X (formerly Twitter) and they will have no  Discord or Telegram groups.

What is the current plan?

According to Alex’s message, he will have his old friend, a former Google employee, to help him get started on the Shib blockchain and then post it on Github.com. This new Shib blockchain will be different from the Shibarium blockchain (the current Shib blockchain) which runs on Ethereum and uses Bone token as gas.  Alex didn’t mention on his post if this new Shib blockchain will be a layer one blockchain, or another layer two on Ethereum mainnet, or another layer two on another blockchain. They have already started developing and  have the project architecture mapped out. A few developers have reached out to them  and wanted to contribute as well.  In addition, they will open the DMs on @shibburn for anyone who wants to take part and contribute to the new Shib Association.  The new Shib blockchain “ will be an open-source project and follow the Proof of Participation consensus model. A repository on Github will be available soon where anyone can contribute.” He continued that “This blockchain will also burn $SHIB, of course, but it also holds the potential to become a significant player in the crypto space where everyone can benefit.”

Great news for the ShibArmy!

Check out Alex’s original message from X (formerly Twitter) below.

Disclaimer: Our articles are for educational purposes only and NOT financial advice. For your own personal investment decisions, please do your own research and consult a financial advisor. Good luck investing.
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