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Which blockchain network does Shiba Inu coin operate on?

avatarOluwatosin OmoluwaJan 05, 2022 · 3 years ago3 answers

Can you tell me which blockchain network the Shiba Inu coin operates on? I'm curious to know the underlying technology behind this cryptocurrency.

Which blockchain network does Shiba Inu coin operate on?

3 answers

  • avatarJan 05, 2022 · 3 years ago
    The Shiba Inu coin operates on the Ethereum blockchain network. Ethereum is a decentralized, open-source blockchain platform that allows developers to build and deploy smart contracts and decentralized applications (DApps). Shiba Inu coin is an ERC-20 token, which means it follows the technical standards set by Ethereum. By leveraging the Ethereum network, Shiba Inu coin benefits from its security, scalability, and widespread adoption in the cryptocurrency community.
  • avatarJan 05, 2022 · 3 years ago
    Shiba Inu coin runs on the Ethereum blockchain. Ethereum is one of the most popular and widely used blockchain networks in the cryptocurrency space. It provides a robust and secure infrastructure for the Shiba Inu coin to operate on. By utilizing Ethereum, Shiba Inu coin can take advantage of its large user base and existing ecosystem, which includes various wallets, exchanges, and decentralized applications.
  • avatarJan 05, 2022 · 3 years ago
    Shiba Inu coin operates on the Ethereum blockchain network. Ethereum has established itself as a leading blockchain platform, offering a range of features and capabilities for decentralized applications. By choosing Ethereum as its underlying blockchain, Shiba Inu coin aligns itself with a well-established and trusted network, ensuring security and interoperability with other Ethereum-based projects.