fxs_header_sponsor_anchor

Anxiety in SHIB’s official discord on allegations that Shibarium stole code for their chain

  • Serious escalation in the official SHIB discord.
  • Allegations that Shibarium is a ripped chain from Rinia; they forgot to change the chain ID.
  • Moderators claim team manipulation and silencing by Shytoshi Kusama.

There is serious escalation on the SHIB official discord channel after one of the team members claimed that Shibarium is a ripped chain from Rinia. Based on their argument, the chain ID, which ought to be completely unique as it is used by MetaMask and other wallet applications to determine which network to use for transactions, has a different genesis.

Shibarium and Rinia share a single ID

When one network copies the chain ID of another, it becomes a de-service to the first chain because anyone interacting with that chain will interact with the original chain owner. This is the case unless the second chain asks the original chain owner to turn off their nodes.

Reportedly, this is the case between Shibarium and Rinia, with one of the moderators, Trophias, who had expressed interest in being a validator for over 15 months, saying Shibarium is using Rinia’s genesis file.

Rinia has been live and owned that chain ID since February and was planned in December.

Based on Trophias’ argument, while Shibarium changed the name of the genesis file from Rinia, they forgot to change the chain ID.

This explains why users found pre-bought assets on the metaverse, yet Shibarium went live only a few days ago. Nevertheless, Trophias, who is a top-ranked communty member, says that the metaverse team, himself included, was not privy to what is on the shib.io website, with accusations of asset purchases without modification or anything else. He added, “it randomly just appeared as Shiboshis bar.”

The moderator cites Shytoshi Kusama firing the entire metaverse team as the reason for not knowing what was happening. Calling out the management for lack of transparency and communication, he says:

We were left pending, …she [Marcie] told us that we are not fired or removed, yet our access got pulled, and then all the other weird shit started happening.

Further, Trophias also alleges that Shytoshi sent goons to threaten his life and that of his family.

The leak of the discord conversations has provoked different comments on crypto Twitter, with some asking Shytoshi for answers. The keyboard confrontation has also affected investors, with up to $5m worth of BONE unstaked, according to Etherscan data.

Shytoshi has since reacted, although humorously, adding, “so sad to see what so many of my former friends have become for greed.”

In the end, Shytoshi highlighted that there was a new team and new social media platforms committed to building against all Fear, Uncertainty, and Doubt (FUD).

SHIB falls 10% amid code-related drama

Shiba Inu (SHIB) price has fallen 10% in the last 24 hours amid allegations of the stolen Shiberium code. BONE and LEASH have also been affected by the drama, falling more than 10% in the same timeframe. 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.