Shiba Inu Lead Developer Plans To Follow In SHIB Founder’s Footsteps, Here’s How

Share This Post

The identify of the leaders behind the Shiba Inu project has remained a mystery since the founding of the project, from its pseudonymous founder Ryoshi to the current Lead Developer Shytoshi Kusama. Since Ryoshi stepped away from the project and the limelight, Shytoshi Kusama has since taken over, leading the project. However, it seems the lead developer’s stint may be short-lived as well following a recent statement that could see Kusama leave the project as well.

Shiba Inu Lead Developer Could Exit The Project

In a statement that was released by the lead developer, Shytoshi Kusama revealed that his stint at the helm of the Shiba Inu ecosystem will someday come to an end. The lead developer revealed this alongside the revelations of the plans that the project currently has for its community.

Mainly, the Shiba Inu team plans to tour to a number of locations, starting with Kyoto, Japan, where the team held its first-ever meet-and-greed with the community. The tour, which the team has named the “Treat Yourself” tour, a play on the upcoming TREAT token launch, will see the team stop around multiple locations to connect with the community.

This tour is only one of the many things that the team plans to accomplish in an effort to complete Ryoshi’s vision for the Shiba Inu ecosystem. Another development is a fully homomorphic encryption capability granted to all SHIB holders made possible by the Zama AI encryption system.

In addition to this, the team plans to launch its very own conference called “SHIBACON 2024”. According to the statement, this conference will be held in Thailand and will be the final stop in the “Treat Yourself” tour in 2024, happening around the same time as DevCon.

However, with the completion of this, Shytoshi Kusama reveals that this would mean he would eventually have to step away from the limelight, just as founder Ryoshi did. This will ensure Shiba Inu is a self-sustaining, decentralized ecosystem that requires no leader, just as the SHIB founder intended.

How Ryoshi Left The Space

Shiba Inu founder Ryoshi has managed to remain anonymous despite the enormous popularity of the meme coin project. To further solidify his anonymity, the SHIB founder deleted all traces of their history from all social media accounts, including X (formerly Twitter) and Medium posts.

Following this, Ryoshi completely disappeared from the community, leaving Lead Developer Shytoshi Kusama in charge of the project. Before disappearing, Ryoshi had previously hinted at this, saying, “I am not important, and one day I will be gone without notice. Take the SHIBA and journey upwards frens.”

Interestingly, this disappearing act is similar to that of Bitcoin founder Satoshi Nakamoto, who was active for a while following the cryptocurrency’s launch. However, a year after the launch of Bitcoin in 2010, Nakamoto disappeared completely and has not been heard from since then.

Shiba Inu price chart from Tradingview.com

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Crypto Rally Expected In Q4 2024 With ‘Exceptionally High’ Chances: Analyst

Bitcoin’s (BTC) breakout above $65,000 could lead to ‘exceptionally high’ chances for a wider crypto rally in Q4 2024, according to Markus Thielen, head of research at 10x Research

Dogecoin To The Moon? Trading Guru Sees A Bullish Breakout on the Horizon—Here’s Why

Veteran commodity trader Peter Brandt recently drew attention to Dogecoin (DOGE), the largest meme-based cryptocurrency by market capitalization, suggesting a potential bullish breakout Brandt shared

5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar September 27 – Notcoin, Nervos Network, Bonk, SATS

The Crypto Fear & Greed Index, a popular tool for assessing market sentiment in the crypto industry, reached 61 on September 27, marking a slight

SEC May Appeal Ripple Case, Says Journalist—Senate Candidate Joins The Debate

The ongoing legal saga between Ripple Labs and the US Securities and Exchange Commission is heating up again as speculation mounts about a potential appeal from the SEC This comes after Judge Analisa

Putin: Russia Examining Digital Currencies for Independent Payments

Vladimir Putin highlighted that Russia is examining the use of national digital currencies to implement an independent and supranational alternative payment system However, he also outlined the

Bitcoin Set For Biggest September Gains In A Decade: Here’s Why

Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000 This uncharacteristic price appreciation could be attributed to several key factors Reasons Behind