Shiba Inu Lead Optimistic About Ethereum Community Backing This New SHIB Development

Shiba Inu Lead Optimistic About Ethereum Community Backing This New SHIB Development

Shiba Inu Lead Optimistic About Ethereum Community Backing This New SHIB Development PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Shiba Inu lead developer Shytoshi Kusama calls the broader crypto community to join SHIB’s move for authentic domain naming and digital identities.

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The enigmatic leader of the Shiba Inu ecosystem, Shytoshi Kusama, has invited the Ethereum community to support Shiba Inu’s latest groundbreaking move related to top-level domain (TLD) extension.

For context, Shiba Inu has taken steps to be the first Web3 project to secure a top-level domain. The initiative involves creating a “.shib” TLD, enabling users to register distinct names for worldwide recognition within the domain name system.

The Shiba Inu team disclosed the initiative in its seventh edition of the Shib Magazine, published in the last 24 hours. 

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Given the pioneering nature of the endeavor, Kusama took to X to extend an invitation to the Ethereum community.

Note that members of the Ethereum community currently use the “.eth” name tag, although their “.eth” extension does not resolve in all standard web browsers, since it is not a top-level domain.

Tagging Nick Johnson, the architect and lead developer of Ethereum Name Service (ENS), the Shiba Inu ecosystem leader remarked:

“I hope you and the rest of the Ethereum family will support our charge!”

Shiba Inu’s Coming TLD

The coming “.shib” domain extension will be unlike the ones in the crypto sphere, such as the “.eth,” which merely facilitates decentralized naming for wallet addresses.

Specifically, “.eth” aids in identifying Ethereum addresses in a human-readable format. This eliminates the need for users to memorize long strings of digits and letters when sharing their wallet information or receiving Ethereum tokens.

However, the Shiba Inu ecosystem is pushing the boundaries of functionality even further. Shiba Inu has joined forces with D3 Global, a prominent domain firm, to pursue this ambitious objective.

D3 Global specializes in bridging the gap between Web2 and Web3. Emphatically, through this collaboration with Shiba Inu, D3 Global will introduce digital identities for Shiba Inu enthusiasts under the “.shib” name.

It will provide users with a practical domain to access the advantages of Web3, including enhanced security, privacy, and interoperability.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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