Shiba Inu Lead Dev Kusama Breaks Silence With Major Updates
October 23 2023 - 3:14AM
NEWSBTC
The pseudonymous lead developer of Shiba Inu (SHIB), Shytoshi
Kusama, has broken his silence and has re-engaged with the
community via Telegram, offering insights into the project’s
developmental trajectory and responding to pressing queries
regarding its future. In a flurry of messages, Kusama unveiled his
enthusiasm and strategic engagements aimed at bolstering Shiba
Inu’s ecosystem. “Excited to see ALL the incredible projects on
Shibarium. Finally, get to come out of quiet mode for all the
amazing projects out there,” he said, delineating the ongoing work
and collaborations undertaken during his period of silence. He
further revealed dialogues with pivotal figures in the ecosystem,
saying, “I’ve been talking to VERY important individuals and some
top [people] in [the] community for the next phase. Now I can
return and support in any way I can as we keep building.” Kusama’s
remarks suggest a phase of introspection and strategic alignments,
as he mentioned, “We have also been busy with platforms to support
the community and begin this network state. Sometimes silence is
the best weapon.” Major Progress For Shiba Inu, Leash, Shibarium
One of the most significant updates provided was regarding the
LEASH token. Kusama outlined a vision where the community is more
involved and informed. “Yes. My plan is to build a framework that
expresses to the community what YOUR plans, products, and platforms
that use leash are… so we all can DOOR. (DYOR) Good plan huh?” he
commented, emphasizing the essence of decentralization. “This is
the quiet before the typhoon and I can’t wait to learn about all
the fantastic projects building with Leash, Shib, Bone or launching
on Shibarium.” Related Reading: New SHIB-Based Token On The Way?
Shiba Inu Team Member Shares Important Update On the matter of
Shibarium’s low usage, Kusama imparted his perspective on broader
market trends and token utility. Explaining the relationship
between token “burns” and utility, he noted, “Please understand the
‘burn’ increases as the use of Shibarium and Shib (and all tokens
in the ecosystem) increase. So I’ve been looking for ways at a
zoomed-out level to increase usage with others in our decentralized
community.” Kusama also addressed the community’s queries about
specific timelines for key developments, advocating for a broader,
philosophical perspective on time, indicating that rigid timelines
might not be the most effective approach in a complex and evolving
ecosystem. He stated, “Because time is infinite. It cannot be
framed. BUT if you’re into watches the waves of the world then you
know what time it is.” Related Reading: Shiba Inu Revival? Here’s
Why A Resurgence May Be Imminent A question regarding Shiba Inu’s
integration into mainstream payment systems like McDonald’s and
Burger King was met with a pragmatic response, acknowledging the
existing challenges in such integrations. “It is available in tens
of thousands of retailers but payment systems require deeper
thought and integration,” Kusama elucidated, hinting at ongoing
strategic deliberations. A noteworthy exchange occurred when a user
mentioned the necessity for the Shibarium key for integration with
Hoichi, highlighting the importance of community-driven
initiatives. The Shiba Inu-based project stated that they “have 30
blockchains active already waiting to connect with Shibarium,” but
the key is missing. “I think the Shibarium team reached out and
there was confusion on what was needed. Please reach out a second
time,” Kusama advised. At press time, SHIB traded at $0.00000722.
Remarkably, SHIB managed to close above the neckline of the
descending triangle on the weekly chart, which could create a new
bullish momentum. The next target could be the descending trend
line of the triangle. Featured image from Shutterstock, chart from
TradingView.com
SHIBA INU (COIN:SHIBUSD)
Historical Stock Chart
From Jun 2024 to Jul 2024
SHIBA INU (COIN:SHIBUSD)
Historical Stock Chart
From Jul 2023 to Jul 2024