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Shiba Inu Shibarium Alleged to Have Copied Another Blockchain’s Code

2 mins
Updated by Kyle Baird
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In Brief

  • There is a heated discussion on the Shiba Inu Discord server.
  • Allegations have been made that Shibarium has the same chain ID as the Rinia blockchain.
  • The development could cause the SHIB price to drop even further.
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Users in the Shiba Inu Discord community are claiming that Shibarium has the same chain ID as another blockchain called Rinia. Some also claim that the multi-sig wallet is not run by entirely unique individuals.

The crypto community is having a heated discussion about Shiba Inu’s layer-2 scaling solution, Shibarium. The Discord server for the project is debating the origins of Shibairum, with community members claiming that it was a ripoff of the Rinia chain. They also pointed to the fact that the chain ID was unchanged. 

The tweet in question also posted images from discussions in the Discord channel, saying that a mod mentioned “manipulation and silencing.” One of the messages states the following,

“Shytoshi has created manipulation against the entire team with slanderous lies and manipulation along with members of the community to do his bidding. There are also people helping him to do this that know it’s all a lie, but do it because of fame, money, and promotions.”

Shytoshi Kusama is the lead developer of the project. Kusama responded to the original messages, stating that there was an attempt to discredit the effort. 

The discussions in the Discord server popped off with the allegations, with many claiming that it could spell the end for the tokens associated with the meme coin.

User Make Claims About Chain ID and Multisig Wallet

The main gripe that the community had was the fact that the chain ID was the same as Rinia. They shared screenshots of the chain and its ID on the server.

The discussions reached another level of intensity after people asked for proof that the multi-sig wallet was actually run by nine different people. One individual reported that there weren’t nine unique people running the multi-sig wallet.

This may be problematic for Shibarium, which launched its early public beta test on March 11. The highly anticipated solution may now have to explain itself before it officially launches. 

Shibarium Allegations Could Cause SHIB Price to Drop Further

There’s no official word yet regarding the allegations made over Discord. Whether this affects the full launch of Shibarium is unclear. However, things may become more clear in the days to come. 

The steps that Shiba Inu has taken other towards the full launch include launching a Shibarium portal, with Binance.US announcing full support for SHIB around the same time. 

SHIB Price Chart by BeInCrypto
SHIB Price Chart by BeInCrypto

The allegations may also cause the price of SHIB to tank even further. The token took a 33% hit in February, and some expect it to drop even further.

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Rahul Nambiampurath
Rahul Nambiampurath's cryptocurrency journey first began in 2014 when he stumbled upon Satoshi's Bitcoin whitepaper. With a bachelor's degree in Commerce and an MBA in Finance from Sikkim Manipal University, he was among the few that first recognized the sheer untapped potential of decentralized technologies. Since then, he has helped DeFi platforms like Balancer and Sidus Heroes — a web3 metaverse — as well as CEXs like Bitso (Mexico's biggest) and Overbit to reach new heights with his...
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