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Shibarium Set to Launch After Toronto Conference & Boost Shiba Inu (SHIB)
Kusama stated that during the conference, the completed Worldpaper, all Shib-branded projects, and Treat would be showcased in detail for the first time.
The highly anticipated layer 2 blockchain Shibarium is set to launch following a conference in Toronto scheduled for August, according to a blog post by developer Shytoshi Kusama on Thursday.
Layer 2 technology involves a collection of off-chain s, or separate blockchains, built on top of layer 1 protocols.
These s help address scalability issues by bundling multiple off-chain transactions into a single layer 1 transaction, reducing data load and fees.