Key takeaways:
- Shibarium has been warned against by Lucie, Shiba Inu’s marketing specialist, who also issued a public advisory.
- Lucie emphasized that users must be cautious and watchful because some scammers may even use the name Shibarium in their project titles.
Shibarium, the recently revealed Ethereum layer-2 scaling protocol, has been warned against by Lucie, Shiba Inu’s marketing specialist, who also issued a public advisory.
Shibarium is open for development by anyone, much like other blockchains like Polygon and Ethereum, according to a tweet by the executive on X (previously Twitter).
However, because it is so open, it is also at risk from possible assaults. In order to target layer-2 network-based decentralized applications or to spread phony rug pull tokens, malicious parties could take advantage of the platform.
Lucie emphasized that users need to be cautious and watchful because some scammers may even use the name Shibarium in their project titles.
In order to help users protect themselves when using Shibarium and lower the likelihood that they would come across phishing links and fraudulent schemes, Lucie provided a series of instructions. For users to ascertain the legitimacy of the organization, it is recommended that they interact with the protocol’s or entity’s official Telegram or Discord channels.
In addition to carefully analyzing social media posts and verifying transactions using Etherscan, users should also gauge the general mood of the community in these channels by estimating the postings and transactions made within those channels.
As Lucie pointed out, despite the fact that the team places a high priority on user safety, consumers should also take preventive measures on their own as well.
The blockchain aspires to bring back decentralization to the world, but it is not without its drawbacks, according to a recent remark by Shytoshi Kusama, the project’s principal creator.
Earlier today, Shiba Inu released the Shibarium mainnet following months of testing in which millions of people took part, and 21 million wallets were produced. When it comes to the cost of its ecosystem tokens, the launch, however, seems to have had a rough start.
