{"id":559492,"date":"2023-11-07T18:00:13","date_gmt":"2023-11-07T18:00:13","guid":{"rendered":"https:\/\/uniquehot.com\/?p=559492"},"modified":"2024-06-11T07:47:31","modified_gmt":"2024-06-11T07:47:31","slug":"self-authentication-system-of-shiba-inu-has-technical-issues-developer-reveals","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-coin\/self-authentication-system-of-shiba-inu-has-technical-issues-developer-reveals\/","title":{"rendered":"Self-Authentication System Of Shiba Inu Has Technical Issues, Developer Reveals"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The newly launched SHIB self-authentication system, Shibdentity, has witnessed some technical issues. Kaal Dhairya, a Shiba Inu developer, <\/span><a href=\"https:\/\/twitter.com\/kaaldhairya\/status\/56992503\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">revealed<\/span><\/a><span style=\"font-weight: 400\"> this today, November 7. <\/span><span style=\"font-weight: 400\">As part of their efforts to make the Shib Ecosystem self-sufficient, the developers also introduced The Shib Magazine.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Shiba Inu Developers Launches The Shib Magazine<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Shiba Inu developers recently launched Shib Name Service (SNS) on its layer-2 network, Shibarium. The Shib Name Service aims to introduce the Shibdentity, a self-custodial identity system for the SHIB ecosystem <\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/near-term-xrp-price-rally-270-imminent-crypto-analyst\/\" target=\"_blank\" rel=\"noopener \">Near-Term XRP Price Rally Of 270% Is Imminent: Crypto Analyst<\/a><\/div>\n<p><span style=\"font-weight: 400\">The product aims to make the ecosystem sufficiently decentralized so users wouldn&#8217;t have to depend on third-party platforms. Shibdentity creates a decentralized identity platform, enhancing security and user experience and eliminating censorship so that users can control their digital identities.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As stated in an October 31 <\/span><a href=\"https:\/\/blog.shib.io\/defining-the-future-of-shibdentity-introducing-shib-name-service-2\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">disclosure<\/span><\/a><span style=\"font-weight: 400\">, the launch of the SNS marks a milestone for Shiba Inu. The team described the newly launched feature as a disruptor introducing something special and human-readable addresses to the ecosystem.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">It allows users to self-manage their Shibarium addresses without third-party interference. They can quickly transfer tokens to others using unique initials.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the SHIB self-authentication system Shibdentity, launched on November 1, <\/span><a href=\"https:\/\/twitter.com\/kaaldhairya\/status\/56992503\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">developed<\/span><\/a><span style=\"font-weight: 400\"> some technical issues.\u00a0<\/span><span style=\"font-weight: 400\">The developer has yet to reveal the reason behind the technical glitch. However, the issue may be due to overwhelming traffic on the system.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Dhairya noted that the developer team is working to resolve the issues and have things back to normal as soon as possible.<\/span><\/p>\n<p>\u201cThe newly launched self-custodial authentication system as part of the Shib Magazine is having technical issues for some users. We are working towards fixing this as soon as possible,\u201d the developer said.<\/p>\n<figure style=\"width: 980px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/kO8qQe8Z\/\" alt=\"SHIBUSD price chart\" width=\"980\" height=\"595\"><figcaption class=\"wp-caption-text\">SHIB&#8217;s price currently trades at $0.000008 in the daily chart. | SHIBUSD chart from <a href=\"https:\/\/www.tradingview.com\/x\/oEPKy2gz\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<h2><span style=\"font-weight: 400\">Shiba Inu Developers Launches The Shib Magazine For Timely Ecosystem Updates<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Shib Magazine aims to furnish the community with updates regarding Shib Inu products and services, including the layer-2 network Shibarium.\u00a0<\/span><span style=\"font-weight: 400\">In addition, the newly launched magazine will also report on the latest interviews with top cryptocurrency industry experts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This will ensure the community members remain up-to-date on happenings around the ecosystem and the broader crypto market. <\/span><span style=\"font-weight: 400\">Moreover, when fully up and running, the magazine will promote a timely update of trending tokens and upcoming Shibarium features.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to reports, the first 1,000 readers will receive an NFT of the magazine cover for free. The SHIB Doggy DAO Foundation sponsors this effort.<\/span><\/p>\n<h3><span style=\"font-weight: 400\">More Updates On Shibarium Progressive Strides<\/span><\/h3>\n<p><span style=\"font-weight: 400\">Shibarium has proven successful since its <\/span><a href=\"https:\/\/uniquehot.com\/news\/ethereum\/shibarium-is-live-scaling-whats-ahead-shiba-inu-price\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">launch<\/span><\/a><span style=\"font-weight: 400\"> in late August, covering significant milestones in the subsequent months.\u00a0<\/span><span style=\"font-weight: 400\">On October 18, the layer-2 network exceeded 3.5 million in total transactions, with over 1.2 million blocks in less than two months post-launch. Currently, <\/span><a href=\"https:\/\/www.shibariumscan.io\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Shibarium boasts<\/span><\/a><span style=\"font-weight: 400\"> a total of 3.8 million transactions and over 1.5 blocks.<\/span><\/p>\n<p>Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/chainlink-enters-bull-territory-signals-long-term-uptrend-crypto-expert\/\" target=\"_blank\" rel=\"noopener \">Chainlink Enters Bull Territory, Signals Long-Term Uptrend \u2014 Crypto Expert<\/a><\/p>\n<p><span style=\"font-weight: 400\">There was a popular notion that the launch of Shibarium would boost Shiba Inu\u2019s price by facilitating token burns, lowering transaction costs, and increasing speed. However, within the launch period, Shiba Inu recorded a considerable price decline, even when most tokens soared.<\/span><\/p>\n<p><span style=\"font-weight: 400\">But recently, <a href=\"https:\/\/uniquehot.com\/bone\/shiba-inu-bone-explodes\/\" target=\"_blank\" rel=\"noopener \">Shiba Inu<\/a> has posted notable strides, recording over 15% 30-day price increases<\/span><span style=\"font-weight: 400\"> and a nearly 6% gain in the last seven days. Over the past 24 hours, SHIB price has increased over 2% and trades at $0.0000081.<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from Shutterstock and chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The newly launched SHIB self-authentication system, Shibdentity, has witnessed some technical issues. Kaal Dhairya, a Shiba Inu developer, revealed this today, November 7. As part of their efforts to make the Shib Ecosystem self-sufficient, the developers also introduced The Shib Magazine. Shiba Inu Developers Launches The Shib Magazine The Shiba Inu developers recently launched Shib Name Service (SNS) on its layer-2 network, Shibarium. The Shib Name Service aims to introduce the Shibdentity, a self-custodial identity system for the SHIB ecosystem Related Reading: Near-Term XRP Price Rally Of 270% Is Imminent: Crypto Analyst The product aims to make the ecosystem sufficiently decentralized so users wouldn&#8217;t have to depend on third-party platforms. Shibdentity creates a decentralized identity platform, enhancing security and user experience and eliminating censorship so that users can control their digital identities. As stated in an October 31 disclosure, the launch of the SNS marks a milestone for Shiba Inu. The team described the newly launched feature as a disruptor introducing something special and human-readable addresses to the ecosystem.\u00a0 It allows users to self-manage their Shibarium addresses without third-party interference. They can quickly transfer tokens to others using unique initials.\u00a0 Meanwhile, the SHIB self-authentication system Shibdentity, launched on November 1, developed some technical issues.\u00a0The developer has yet to reveal the reason behind the technical glitch. However, the issue may be due to overwhelming traffic on the system.\u00a0 Dhairya noted that the developer team is working to resolve the issues and have things back to normal as soon as possible. \u201cThe newly launched self-custodial authentication system as part of the Shib Magazine is having technical issues for some users. We are working towards fixing this as soon as possible,\u201d the developer said. Shiba Inu Developers Launches The Shib Magazine For Timely Ecosystem Updates The Shib Magazine aims to furnish the community with updates regarding Shib Inu products and services, including the layer-2 network Shibarium.\u00a0In addition, the newly launched magazine will also report on the latest interviews with top cryptocurrency industry experts.\u00a0 This will ensure the community members remain up-to-date on happenings around the ecosystem and the broader crypto market. Moreover, when fully up and running, the magazine will promote a timely update of trending tokens and upcoming Shibarium features.\u00a0 According to reports, the first 1,000 readers will receive an NFT of the magazine cover for free. The SHIB Doggy DAO Foundation sponsors this effort. More Updates On Shibarium Progressive Strides Shibarium has proven successful since its launch in late August, covering significant milestones in the subsequent months.\u00a0On October 18, the layer-2 network exceeded 3.5 million in total transactions, with over 1.2 million blocks in less than two months post-launch. Currently, Shibarium boasts a total of 3.8 million transactions and over 1.5 blocks. Related Reading: Chainlink Enters Bull Territory, Signals Long-Term Uptrend \u2014 Crypto Expert There was a popular notion that the launch of Shibarium would boost Shiba Inu\u2019s price by facilitating token burns, lowering transaction costs, and increasing speed. However, within the launch period, Shiba Inu recorded a considerable price decline, even when most tokens soared. But recently, Shiba Inu has posted notable strides, recording over 15% 30-day price increases and a nearly 6% gain in the last seven days. Over the past 24 hours, SHIB price has increased over 2% and trades at $0.0000081. Featured image from Shutterstock and chart from TradingView.com<\/p>\n","protected":false},"author":568,"featured_media":559521,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[89836,89833,89837,89835,84562,84558,89834],"class_list":["post-559492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-kaal-dhariya","tag-shiab-inu","tag-shib-self-authentication-system","tag-shiba-inu-developer","tag-shibusd","tag-shibusdt","tag-the-shib-magazine"],"acf":[],"yoast_head":"\n<title>Self-Authentication System Of Shiba Inu Has Technical Issues<\/title>\n<meta name=\"description\" content=\"Shiba Inu launched The Shib Magazine, SHIB self-authentication system, which has witnessed some technical issues.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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