Cryptocurrency Q&A Is Shib built on Ethereum?

Is Shib built on Ethereum?

GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Thu Jan 23 2025 | 5 answers 1423
I am wondering if Shib, which I have been hearing a lot about recently, is actually built on the Ethereum platform. I would like to know the technological background of Shib to understand its foundation better. Is Shib built on Ethereum?

5 answers

KimonoGlory KimonoGlory Sat Jan 25 2025
SHIB and DOGE, despite both being meme-inspired cryptocurrencies, possess distinct underlying functionalities.

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Leonardo Leonardo Sat Jan 25 2025
The primary difference lies in the blockchain they are built upon. SHIB, unlike DOGE, is constructed on the Ethereum network.

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Tommaso Tommaso Fri Jan 24 2025
This foundation enables SHIB to harness Ethereum's advanced features, such as smart contracts. Smart contracts allow for automated transactions and agreements to be executed without the need for intermediaries.

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Filippo Filippo Fri Jan 24 2025
Moreover, SHIB's integration with Ethereum opens up opportunities for it to interact with decentralized applications (DApps). These DApps can leverage SHIB's functionality to create innovative financial products and services.

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HanjiArtist HanjiArtist Fri Jan 24 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services catering to the diverse needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and a secure wallet solution.

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