{"id":189147,"date":"2023-11-07T23:39:45","date_gmt":"2023-11-07T18:09:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=189147"},"modified":"2023-11-07T23:39:45","modified_gmt":"2023-11-07T18:09:45","slug":"self-authentication-system-of-shiba-inu-has-technical-issues-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/self-authentication-system-of-shiba-inu-has-technical-issues-crypto-news\/","title":{"rendered":"Self-Authentication System Of Shiba Inu Has Technical Issues &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<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 rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/kaaldhairya\/status\/1721744820756992503\"><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<p><span style=\"font-weight: 400\">The product aims to make the ecosystem sufficiently decentralized so users wouldn\u2019t 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 rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.shib.io\/defining-the-future-of-shibdentity-introducing-shib-name-service-2\/\"><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 rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/kaaldhairya\/status\/1721744820756992503\"><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\"><figcaption class=\"wp-caption-text\">SHIB\u2019s price currently trades at $0.000008 in the daily chart. | SHIBUSD chart from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/x\/oEPKy2gz\/\">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 rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/shibarium-is-live-scaling-whats-ahead-shiba-inu-price\/\"><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 rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shibariumscan.io\/\"><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 rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/news\/chainlink-enters-bull-territory-signals-long-term-uptrend-crypto-expert\/\">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 rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/bone\/shiba-inu-bone-explodes\/\">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<p>Featured image from Shutterstock and chart from TradingView.com<\/p>\n<\/p><\/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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":189148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-189147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/189147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=189147"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/189147\/revisions"}],"predecessor-version":[{"id":189154,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/189147\/revisions\/189154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/189148"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=189147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=189147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=189147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}