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A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it
A cryptocurrency, cryptographic coin, or crypto is a digital or virtual currency that is secured by encryption, which makes it nearly impractical to forge or duplicate transactions. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are typically not issued by any central body, rendering them theoretically resistant to government interference or manipulation.
SHIB is an ERC-20 token with a decentralized exchange called ShibaSwap. The SHIB roadmap and ecosystem also includes an NFT art incubator called Shiba Creator Studio, 10,000 “Shiboshi” NFTs, and an NFT game Shiboshi Game.
Shiba Inu had an initial circulating supply of 1 quadrillion tokens. Ryoshi locked 50% of the token in Uniswap to create liquidity, and sent the other 50% to Ethereum co-founder Vitalik Buterin’s wallet. However, Vitalik decided to burn 90% of the coins and donate the remaining 10% to charity.
#Shiba #Shiba Inu #cryptocurrency #cryptocurrencies #cryptocurrency
This post was originally published on Smell The Musk
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