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Homeweb3.0Shytoshi Kusama Backs Vitalik Buterin's Ethereum Cross-L2 Interoperability Vision

Shytoshi Kusama Backs Vitalik Buterin's Ethereum Cross-L2 Interoperability Vision

Aug 07, 2024 pm 03:10 PM
Ethereum Vitalik ButerinShiba Inu

Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu SHIB/USD ecosystem, enthusiastically supported Ethereum ETH/USD co-founder Vitalik Buterin's endeavor

Shytoshi Kusama Backs Vitalik Buterin's Ethereum Cross-L2 Interoperability Vision

Shiba Inu SHIB/USD lead developer Shytoshi Kusama, operating under a pseudonym, has extended support for Ethereum ETH/USD co-founder Vitalik Buterin’s vision to ensure a seamless user experience across the ‘Ethereum-verse.’

What Happened: Buterin, in an X post earlier this week, highlighted the cross-Layer 2 interoperability concerns of Ethereum. The blockchain co-founder, however, expressed optimism over these issues being resolved soon.

“The energy and motivation people are showing to improve these problems is making me very hopeful that they will be fixed,” Buterin noted, adding that these fixes will lead to surprising results.

“I think people will be surprised by how quickly ‘cross-L2 interoperability problems’ stop being problems and we get a smooth user experience across the entire ethereum-verse (incl L1, rollups, validiums, even sidechains).”

In response, Kusama said, “I won’t be surprised one bit,” signaling their strong faith in the Ethereum ecosystem.

I won't be surprised one bit. #shibarmy https://t.co/RhSpLLyOXV

— Shytoshi Kusama (@ShytoshiWorld) August 26, 2023

See Also: Elizabeth Warren, Other Lawmakers Want CFTC To Ban Political Betting Contracts

Why It Matters: Kusama has, on occasion, engaged in X interactions with Buterin. In June, Kusama hinted at large-scale plans for the Shiba Inu project, agreeing with Buterin’s views on the ideal traits of a cryptocurrency project.

Earlier this week, Kusama supported the sentiment expressed by an analyst who advised against selling cryptocurrencies during a market crash. He echoed the views of Oscar Ramos, a well-known cryptocurrency investor, who suggested that the market downturn could be a buying opportunity.

no surprise there, keep those crypto close and buy the dips if you can, might not get another chance at these prices.

— Shytoshi Kusama (@ShytoshiWorld) August 23, 2023

Kusama’s latest response to Buterin’s Ethereum predictions was significant as it may suggest their outlook on the future of the Ethereum network and its impact on SHIB, which is an ERC-20 token.

Price Action: At the time of writing, Ether was trading at $2,527.20, up 1.49% in the last 24 hours, according to data from Benzinga Pro. SHIB was exchanging hands at $0.00001377, up 0.61% in the last 24 hours.

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