Shiba Inu (SHIB) Announces a New Feature on Shibarium: Details

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TL;DR

  • Shibarium’s New ‘Donate’ Fea­ture: Shi­ba Inu intro­duced a “Donate func­tion­al­i­ty” to its layer‑2 blockchain solu­tion, Shibar­i­um, allow­ing users to finan­cial­ly sup­port non-prof­it val­ida­tors who con­tribute to the network’s secu­ri­ty and efficiency.
  • Progress and Achieve­ments of Shibar­i­um: Since its launch in August, Shibar­i­um has shown rapid progress, sur­pass­ing 1.5 mil­lion blocks and near­ing 4 mil­lion trans­ac­tions, indi­cat­ing sig­nif­i­cant activ­i­ty and growth on the network.
  • Part­ner­ship with Man­ny Pac­quiao: Shi­ba Inu also announced a part­ner­ship with for­mer pro­fes­sion­al box­er Man­ny Pac­quiao, who expressed grat­i­tude towards the SHIB com­mu­ni­ty for sup­port­ing the Man­ny Pac­quiao Foun­da­tion, high­light­ing the coin’s expand­ing influ­ence beyond the dig­i­tal asset space.

Enter The ‘Donate’ Option

The team behind the pop­u­lar meme­coin Shi­ba Inu (SHIB) dis­closed the release of a new fea­ture on its layer‑2 blockchain solu­tion – Shibar­i­um. Dubbed the “Donate func­tion­al­i­ty,” the option enables users to con­tribute finan­cial­ly to non-prof­it val­ida­tors who are vital in main­tain­ing the secu­ri­ty and effi­cien­cy of the L2 network.

“In our con­tin­u­ous effort to fos­ter a sup­port­ive and inclu­sive ecosys­tem, we have intro­duced an intu­itive dona­tion sys­tem enabling users to donate mon­ey seam­less­ly to their pre­ferred non-prof­it validators.

Our users can now sup­port the sus­te­nance and growth of these val­ida­tors, bol­ster­ing the over­all integri­ty and resilience of the Shibar­i­um net­work,” the announce­ment reads.

The lat­est update coin­cides with Shibarium’s rapid progress in the past cou­ple of months. The net­work, which offi­cial­ly went live in August, has blast­ed through mul­ti­ple mile­stones and keeps mak­ing the head­lines. As Cryp­toPota­to recent­ly report­ed, the total num­ber of blocks on the L2 scal­ing solu­tion sur­passed 1.5 mil­lion, while total trans­ac­tions are close to 4 million.

Those curi­ous to find out more about Shibar­i­um and learn about its pur­pos­es and specifics could take a look at our video below:

Shiba Inu’s Recent Partnership

Besides launch­ing Shibarium’s new fea­ture, Shi­ba Inu splashed the waters by ink­ing an impor­tant deal. Last week, the team behind the meme­coin shook hands with the renowned for­mer pro­fes­sion­al box­er – Man­ny Pac­quiao. The lat­ter dis­closed the part­ner­ship on X (Twit­ter) through the Man­ny Pac­quiao Foun­da­tion page:

“Thank you, SHIB com­mu­ni­ty, for sup­port­ing the Man­ny Pac­quiao Foun­da­tion. We are excit­ed about this part­ner­ship. God bless,” he said.

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