Cryptocurrency Q&A
What network is Shiba Inu built on?
What network is Shiba Inu built on?
FantasylitElation
Fri Sep 13 2024
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7 answers
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I'm curious to know, what is the underlying network that the cryptocurrency Shiba Inu is built upon? Could you elaborate on the technology and infrastructure that supports this digital asset? I'm interested in understanding the specifics of the blockchain technology that enables Shiba Inu to function effectively in the crypto space.
7 answers
CryptoVanguard
Sun Sep 15 2024
The Shiba Inu coin, SHIB, operates within the Ethereum ecosystem as an ERC-20 token. This means that it adheres to a set of standards that allow for seamless integration and interoperability with other Ethereum-based tokens and decentralized applications.
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Alessandra
Sat Sep 14 2024
BTCC is a leading cryptocurrency exchange that offers a wide range of services to its users. These services include spot trading, futures trading, and a secure digital wallet for storing cryptocurrencies.
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Davide
Sat Sep 14 2024
The Ethereum network serves as the backbone for SHIB, providing the necessary infrastructure for transactions, smart contract execution, and overall functionality. As a result, Shiba Inu benefits from Ethereum's robust security features and decentralized nature.
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Valeria
Sat Sep 14 2024
One of the key features of SHIB is its ability to leverage smart contracts. Smart contracts are self-executing programs that automatically carry out actions based on predefined conditions, eliminating the need for intermediaries and reducing the risk of fraud.
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Tommaso
Sat Sep 14 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies at current market prices, providing them with an easy and convenient way to enter and exit the market. The exchange also supports a variety of trading pairs, making it accessible to a wide range of investors.
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