In a groundbreaking move within the cryptocurrency landscape, Shib Association has recently announced its mission to create a brand-new blockchain, one that will be entirely dedicated to the enigmatic digital token, SHIB. This ambitious endeavor signifies a significant stride forward for the Shiba Inu community and its ever-expanding ecosystem.

Shib Association, the brainchild of the community-driven Shiba Inu burn tracker known as ‘Shibburn,’ has emerged as a beacon of innovation and progress in the world of cryptocurrencies. Just last month, Shibburn introduced this remarkable association, unveiling its intent to catalyze SHIB’s growth through a series of groundbreaking developments, utilities, and inventive solutions.

The most captivating revelation is the commitment to forge a bespoke blockchain with an unwavering focus on SHIB, a decision that sets Shib Association apart from other ventures within the Shiba Inu ecosystem. This blockchain will be the bedrock upon which SHIB enthusiasts can build a decentralized future.

Development Takes Flight

In a comprehensive communication shared via a prominent X post, Alex, the driving force behind Shibburn, declared that the Shib Association team has already laid out the blueprint for this novel blockchain. In an exciting development, the actual development process is already underway. Alex enthusiastically disclosed that an old friend, who happens to be a former Google employee, will spearhead the blockchain’s creation and ensure its availability on GitHub.

What adds to the sense of community-driven progress is that several developers have reached out to Alex, expressing their eagerness to contribute to this monumental project. Alex underlined the project’s open-source nature, revealing that a GitHub repository will be established shortly, inviting participation from enthusiasts and experts alike.

“This modern blockchain will be an open-source project and follow the Proof-of-Participation consensus model. A repository on Github will be available soon where anyone can contribute,” he added, emphasizing the collaborative spirit underpinning this endeavor.

Other Revelations from Shib Association

While the primary focus remains on SHIB, Shib Association shared several other intriguing details about its forthcoming blockchain. Similar to Shibarium, a prominent entity in the Shiba Inu ecosystem, the new blockchain will incorporate mechanisms to burn SHIB tokens. However, precise details about how these tokens will be burned remain a closely guarded secret, heightening anticipation within the community.

Notably, Shib Association made it clear that it would not maintain dedicated Telegram or Discord channels. Instead, the community’s hub for interaction and updates will reside on an X page, set to be unveiled later this week. Furthermore, plans are underway to launch a dedicated website, with the association already registering two domains for this purpose.

A reassuring message from Alex assured the community that this blockchain would not introduce any new native tokens beyond SHIB. He unequivocally stated that there were no intentions of launching additional tokens in the foreseeable future.

In a move to maintain transparency and close ties with the community, Alex announced that his sister would take the helm of Shib Association’s official X account, ensuring regular updates and communication with the enthusiastic SHIB community.

Distinguishing Shib Association’s Blockchain from Shibarium

It’s essential to differentiate Shib Association’s upcoming blockchain from Shibarium, Shiba Inu’s official Layer 2 (L2) scaling network. While Shibarium employs BONE as its official gas token, users of Shib Association’s network will utilize SHIB for transaction fees. This distinct approach underscores the association’s commitment to the SHIB token and its unique ecosystem.

As the development journey progresses, Shib Association remains tight-lipped about whether this blockchain will be a fork of Shibarium or any other prominent blockchain. However, they have promised to release more updates about this exciting project in the near future, stoking the fires of anticipation within the SHIB community.

A Bright Future for SHIB

The birth of Shib Association’s dedicated blockchain marks an exciting chapter in the ever-evolving story of SHIB. With a community-driven ethos and a vision firmly fixed on the SHIB token’s potential, this initiative has the potential to unlock a world of possibilities for the Shiba Inu community.

As development progresses, the SHIB community eagerly awaits further updates, ready to embark on this remarkable journey toward a decentralized future. Shib Association’s dedication to transparency, innovation, and community involvement promises to be a beacon of inspiration within the cryptocurrency landscape.