The post Shiba Inu News: Network Unveils Shibarium and SHIB OS: Privacy-Enhanced Blockchain for Web3 Adoption appeared on BitcoinEthereumNews.com.

Shiba Inu’s Layer-2 platform Shibarium introduces Fully Homomorphic Encryption (FHE) to ensure on-chain privacy, advancing Web3 security and adoption. Alongside Shibarium, the Shiba Inu team has launched SHIB OS, a platform designed to simplify the transition from Web2 to blockchain. Along with its Layer-2 solution, Shibarium, the Shiba Inu team has unveiled SHIB OS, a platform that eases the transition from Web2 to blockchain for businesses, governments, and individuals. The Shibarium platform, developed in Shib Inu’s blockchain ecosystem, aims to accelerate Web3 adoption by offering low-cost, high-speed transaction capabilities. Shibarium: The Solution For Optimized Blockchain Efficiency Shibarium works as an EVM-compatible network, and that makes it easy to integrate with any already existing Ethereum-based apps. The network has gained momentum and supports more than 2.1 million wallets and processes around 890 million transactions. Its architecture focuses on efficiency, making crypto transactions faster and significantly reducing fees. A major advancement within Shibarium is the integration of Fully Homomorphic Encryption (FHE), a cutting-edge cryptographic technology that ensures on-chain privacy. With this feature, user data remains encrypted throughout transactions, preventing unauthorized access while maintaining blockchain transparency. The adoption of FHE marks a shift toward enhanced security in decentralized finance and blockchain applications. It even reinforces Shibarium’s role in the evolution of Web3 privacy solutions. As we reported last week, Shiba Inu’s Shibarium has unveiled an upgraded Swap and Bridge platform on Shib.io. This enhanced platform introduces users to a multichain Swap and Bridge experience, seamlessly integrating with Shibarium for improved connectivity. Shiba Inu (SHIB) Price Action & Analysis Amid these developments, Shiba Inu has been hit hard by the latest crypto market downturn. It plunged 32% over the weekend to reach its lowest price in five months. The decline has been driven by macroeconomic uncertainties and heavy selling pressure from retail investors. However,…

---

Filed under: News - @ February 5, 2025 7:16 am