Shiba Inu's BONE soars 13% to outperform SHIB on positive news $BONE BoneArmy Shibarium BoneShibaSwap
developers revealed the first look of Layer 2 Blockchain Shibarium in a blog post. Shibarium's validators will lock up BONE to run the Heimdall validator, an open-source validator software that can be used to participate in different blockchain networks, and Bor block producer nodes. Bor is the EVM-compatible layer responsible for block production.
Currently, the number of validators is limited to 100 slots. Becoming a validator requires setting up and running a node, as well as staking a minimum of 10,000 BONE. Shibarium's launch could boost the fundamentals of Shiba Inu's ecosystem tokens: Shiba Inu , Doge Killer and BONE ShibaSwap . As announced by the official Shibarium Twitter account, a certain amount of SHIB will be burned by each transaction on Shibarium, but the exact number is yet unknown.
The news of the upcoming Shibarium beta launch has been met with joy and excitement by the SHIB community. Shibburn, a burn initiative, tweeted,"Shibarium is set to shake up the crypto space."
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