The Protocol: Blockchains Keep Launching, From Sei to Shibarium

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The Protocol: Blockchains Keep Launching, From Sei to Shibarium
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The week in blockchain tech: Two much-hyped networks debut, though the launches weren't quite as smooth as organizers might have hoped. ALSO: What is restaking? (Answer: it's the blockchain security trend you didn't know you needed to know about.)

for users involved in Shiba Inu ecosystem, but there is also a mechanism to boost the price of the SHIB token. The new blockchain will usetokens as the primary gas token – used to pay fees; and some 70% of base fees will be converted into SHIB tokens and then burned, effectively reducing the supply.

over to the new blockchain, with transactions on the network stalled for at least five hours. Users were also muzzled from sending messages on a community forum on Discord shortly after the initial reports started coming in.

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