{"id":1064,"date":"2024-04-22T04:27:07","date_gmt":"2024-04-22T04:27:07","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/22\/shiba-inu-raises-12-million-to-develop-layer-3-network\/"},"modified":"2024-04-22T04:27:07","modified_gmt":"2024-04-22T04:27:07","slug":"shiba-inu-raises-12-million-to-develop-layer-3-network","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/22\/shiba-inu-raises-12-million-to-develop-layer-3-network\/","title":{"rendered":"Shiba Inu Raises $12 Million to Develop Layer 3 Network"},"content":{"rendered":"<p>The Shiba Inu team is developing a layer 3 network using Zama\u2019s homomorphic encryption technology. This development has attracted funding of $73 million. A test version of the layer 3 network is scheduled to be launched in the third quarter of 2024.<\/p>\n<p>This network will be designed to comply with regulatory requirements while ensuring the security and privacy of the community. The new blockchain is privacy-focused and built on top of Shibarium, a layer 2 solution for Ethereum. Shiba Inu\u2019s lead developer, Shytoshi Kusama, has declined to disclose the complete list of investors, mentioning that none are based in the United States.<\/p>\n<p>He has emphasized the vision of the founder, Ryoshi, and the positive impact the community has had in changing the face of crypto. The funding includes both pre- and seed rounds, and TREAT will be the last token in the ecosystem. Furthermore, it was reported that about a week later, active blockchain users exceeded 100,000 and reached one million in September 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Shiba Inu team is developing a layer 3 network using Zama\u2019s homomorphic encryption technology. This development has attracted funding of $73 million. A test [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[133],"tags":[],"class_list":["post-1064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1064"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1063"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}