U.Today - As the Shiba Inu community remains abuzz with expectations, SHIB developer points out that the most important announcement has been overshadowed by Shibarium-related concerns.
This has to do with the "worldpaper," which incorporates key ideas of SHIB decentralization. According to Dhairya, this "SHIB paper" will lay the foundation for the Shiba Inu decentralized digital nation.
Layer 2 solution Shibarium encountered an unexpectedly massive influx shortly after its Aug. 16 launch, causing it to pause.
In an update , Shiba Inu lead Shytoshi Kusama stated that scaling efforts for Shibarium have reached the second day and the team has achieved tremendous progress.
The restart of the Shibarium blockchain was also successful. Additionally, the Alchemy team scaled operations for Shibarium by 1,500%.
"SHIB paper" abridged: Here's what it contains
Shiba Inu lead Shytoshi Kusama presents essential Shiba Inu tenets in an abridged of the "SHIB paper."The "SHIB paper" defines the "Shiba Inu state" as a digital utopia for collective prosperity. In a world where decentralization and empowerment are on the rise, the Shiba Inu state emerges as a beacon, intertwining digital tenets with tangible community values and being meant to persist through the ages.
In the document's "Why The ShibPaper?" section, Kusama presents the SHIB paper as the ultimate meme that harnesses the power of Shiba Inu technology, the great Shibarium, and exploits it as the foundation for the emergence of a decentralized digital global state. The SHIB paper, according to Kusama, exists as a necessary charter for the birth of the Shiba Inu state.
Other topics of discussion include the Great Canine Code and national ethics referring to the 22 SHIB principles.
The document also highlighted the top 15 crypto problems solved by the Shiba state, among which are scalability and high transaction fees, a lack of governance and community inclusion.
Likewise, the document outlined the top 10 global problems solved by the Shiba state, including centralization of power and wealth and data privacy concerns.
The recently unveiled self-sovereign identity (SSI) addresses data privacy concerns by allowing users to maintain control over their data while interacting in the digital realm, ensuring both privacy and security.