What is the network used by Shiba Inu cryptocurrency?
Pothireddy SushmithaSep 15, 2023 · 2 years ago3 answers
Can you tell me which network is used by the Shiba Inu cryptocurrency? I'm curious to know the underlying technology behind it and how it operates.
3 answers
- Ken jhi CarilloDec 26, 2021 · 4 years agoShiba Inu cryptocurrency operates on the Ethereum network. It is an ERC-20 token, which means it is built on the Ethereum blockchain. This allows Shiba Inu to benefit from the security and decentralization provided by the Ethereum network. Transactions and smart contracts involving Shiba Inu are processed and recorded on the Ethereum blockchain.
- Loann Cosano AlcudiaDec 27, 2024 · a year agoThe network used by Shiba Inu cryptocurrency is Ethereum. Ethereum is a decentralized blockchain platform that enables the creation and execution of smart contracts. Shiba Inu leverages the Ethereum network to facilitate transactions and interactions within its ecosystem. By utilizing Ethereum, Shiba Inu ensures transparency, security, and interoperability with other Ethereum-based projects.
- McCall HullJun 16, 2024 · a year agoShiba Inu cryptocurrency is built on the Ethereum network, which is known for its robustness and widespread adoption in the crypto space. Ethereum provides a solid foundation for Shiba Inu to operate securely and efficiently. With the Ethereum network, Shiba Inu can benefit from the existing infrastructure and community support, making it easier for users to interact with the token and participate in the Shiba Inu ecosystem.
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