laatste update: 07-2022
Vitalik Buterin Just Partnership With Shiba Inu Coin And Price will hit $0.1 Soon!!
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Ethereum co-founder Vitalik Buterin has stated interest in the Shiba Inu community when speaking at the ETH conference in Denver, Colorado. While attending the event, he caused a stir among the Shiba Inu community by donning pajama pants that had photos of the dog’s mascot. Watcher.Guru was the first to post this on Twitter, and it has now gained widespread attention.
However, Buterin’s decision to burn $6.7 billion worth of SHIB stunned the whole cryptocurrency ecosystem. It contained about 410 trillion tokens. It was transferred to a non-existent blockchain address in less than a day.
However, the partnership with Shiba Inu began when Ryoshi was believed to have sent half of the SHIB token to Buterin, who gave more than half of the meme coin to the COVID relief fund India, according to reports. As a result, he has burned through 90 percent of the available supply by transferring it to an inaccessible wallet.
It was announced earlier this year that Buterin’s donation to the COVID disaster relief fund in India would be returned. Buterin stated at the time that he intends to use the money for “higher risk, higher return covid science, and relief programs throughout the world.”
Nonetheless, his recent display of affection for the Shiba Inu brand at the Ethereum conference in Denver has given the rapidly expanding community a cause for celebration.
A meme coin project with no core utility, Shiba Inu, has been ridiculed for quite some time as being worthless. The meme properties of the project, on the other hand, are on track to undergo a fundamental transition when the Shibarium Level 2 (L2) blockchain is launched later this year.
Shiba Inu’s SHIB coin is based on the Ethereum blockchain’s ERC-20 token technology, which allows for the creation of tokens. To refresh your memory, a token is essentially a digital representation of an asset or a certain use-case that exists on a distributed ledger. An alternative token type is a coin, typically the native token of a given blockchain. For example, Ether is the native coin on the Ethereum blockchain, which is a digital asset. The ERC-20 protocol standardizes the issuance of fungible tokens to ensure universal compatibility with the larger Ethereum network. The Ethereum Foundation developed it.
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