Which blockchain network does Shiba Inu coin operate on?
![avatar](https://download.bydfi.com/api-pic/images/avatars/OU5ef.jpg)
Can you tell me which blockchain network the Shiba Inu coin operates on? I'm curious to know the underlying technology behind this cryptocurrency.
![Which blockchain network does Shiba Inu coin operate on?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/2d/085ee55050851fb8da5ab41d5ed5a5f2510d4f.jpg)
3 answers
- The Shiba Inu coin operates on the Ethereum blockchain network. Ethereum is a decentralized, open-source blockchain platform that allows developers to build and deploy smart contracts and decentralized applications (DApps). Shiba Inu coin is an ERC-20 token, which means it follows the technical standards set by Ethereum. By leveraging the Ethereum network, Shiba Inu coin benefits from its security, scalability, and widespread adoption in the cryptocurrency community.
Feb 17, 2022 · 3 years ago
- Shiba Inu coin runs on the Ethereum blockchain. Ethereum is one of the most popular and widely used blockchain networks in the cryptocurrency space. It provides a robust and secure infrastructure for the Shiba Inu coin to operate on. By utilizing Ethereum, Shiba Inu coin can take advantage of its large user base and existing ecosystem, which includes various wallets, exchanges, and decentralized applications.
Feb 17, 2022 · 3 years ago
- Shiba Inu coin operates on the Ethereum blockchain network. Ethereum has established itself as a leading blockchain platform, offering a range of features and capabilities for decentralized applications. By choosing Ethereum as its underlying blockchain, Shiba Inu coin aligns itself with a well-established and trusted network, ensuring security and interoperability with other Ethereum-based projects.
Feb 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 62
How can I buy Bitcoin with a credit card?
- 57
What are the best digital currencies to invest in right now?
- 56
What are the advantages of using cryptocurrency for online transactions?
- 53
How can I minimize my tax liability when dealing with cryptocurrencies?
- 38
What are the best practices for reporting cryptocurrency on my taxes?
- 25
Are there any special tax rules for crypto investors?
- 24
How can I protect my digital assets from hackers?
- 22
What is the future of blockchain technology?