- ShibOS launches with 36 chambers, enabling scalable apps and seamless Web2-Web3 integration.
- Shiba Inu burn rate surges 612%, removing over 3.2M SHIB from circulation in 24 hours.
- ShibOS enables scalable dApps, addressing Ethereum’s limits for seamless blockchain growth.
The Shiba Inu team developed a blockchain operating system named ShibOS to help users shift easily from Web2 to Web3 technology. The operating system gives developers and users 36 individual sections designed for distinct scenarios to build secure, scalable, and fast applications. The project achieves a defining point as it takes steps away from its meme coin beginnings to broaden its network.
ShibOS: Comprehensive Blockchain Solution
ShibOS is a ‘next-gen operating system’ for a multi-layer optimized stack used for all blockchain applications. The development team explains that users can execute free and funded transactions while benefiting from quick system performance.
ShibOS has 36 chambers, each designed to meet the specific needs of various sectors. These chambers are the Shiba Inu Doggy DAO, Shib Finance, a Tournaments Engine, and an NFT collection. Other features include the FHE-Powered Identity Stack for identity solutions and a ticketing engine for events management. These functionalities make ShibOS a strong platform for developing new blockchain applications.
With ShibOS, developers get a strong platform and tools to create dApps for different purposes and configurations. It also wants to target companies and organizations that wish to shift from conventional systems to blockchain systems.
SHIB Ecosystem Advances with Supply Reduction and New Use Cases
The Shiba Inu community has also stepped up its token burn program to enhance the development of the ecosystem. Data provided by Shibburn indicates that the burn rate increased by over 600 percent within 24 hours; more than 3.2 million SHIB tokens were burned. In fact, since the beginning of the program, more than 410 trillion tokens have already been burned, which means that the community is actively engaged in decreasing the overall supply.
Nonetheless, SHIB fell below the crucial $0.00002 mark, falling by 2.46% within the last 24 hours. The token has recently witnessed low volatility, and its recent price fluctuations suggest that market interest may have waned, but the participants in the crypto market are still hopeful for its growth. According to experts, SHIB has to keep the levels above $0.00002 to have a chance of recovery in the market.
The launch of ShibOS and the continuous token burning activities are in line with the general vision of Shiba Inu to create a strong brand in the blockchain industry. These advancements, coupled with the platform’s emphasis on advancement and the establishment of new ecosystems, may change investors’ attitudes and the token’s course in the future.
Related: A Detailed Review on Shiba Inu Ecosystem
ShibOS: A Step Toward Decentralization
Through the launch of ShibOS, the Shiba Inu community aims to realign the project’s identity within the cryptocurrency industry. The emphasis on scalability, performance, and application may make the system appealing to developers and enterprises. This could help reinforce SHIB’s position in the growing world of blockchain assets.
