Shiba Inu, represented by its token CRYPTO: SHIB, has introduced a groundbreaking feature known as the “SHIB Name Service” (SNS) on the Shibarium Layer-2. This innovative system is a pivotal step towards streamlining blockchain addresses and elevating digital identity accessibility.
The launch of the SNS constitutes the initial phase of the SHIBDentity system, a development first reported by DailyCoin. The primary objective of this service is to simplify the often convoluted world of blockchain addresses by providing users with easily comprehensible on-chain addresses.
Shiba Inu Unveils SHIB Name Service (SNS) to Simplify Digital Identities
To access the SNS, individuals can navigate to name.shib.io. As an illustrative example, users can acquire domain names such as “DailyCoin.SHIB” in exchange for 20 Bone ShibaSwap (BONE), which is the official gas fee token of Shibarium Layer-2. The acquisition of these domains can be executed through a range of Web3 wallets, including popular options such as Coinbase Wallet, MetaMask, Trust Wallet, and Rainbow.
SHIBDentity System’s Key Features for User Empowerment
The SHIBDentity concept within the Shiba Inu ecosystem is centered around self-custodial authentication using Web3 technology, decentralized verifiable credentials stored on-chain, compliance with W3C standards, and the inclusion of a built-in trust system, among other features.
Shiba Inu’s lead developer, Shytoshi Kusama, also brought attention to a newly integrated peer-to-peer messaging system, enabling Shibarium L2 users to engage in encrypted communications with one another.
According to Lucie, the Marketing Lead at Shiba Inu, the blockchain-based decentralized identification system holds the potential to significantly reduce the prevalence of spam bots, marking a notable advantage of peer-to-peer communication within the SHIBDentity system. The fundamental objective of Shibarium’s novel digital identity system is to empower users to assert ownership and control over their digital identities.
The introduction of the SHIB Name Service (SNS) marks a noteworthy advancement in the realm of blockchain and digital identity. This innovative system is set to enhance user experiences, reducing the complexity associated with blockchain addresses and opening up opportunities for more secure and streamlined digital interactions.
As users explore this new digital identity system, it is expected to contribute to a more authentic and secure digital landscape, with the potential to mitigate the challenges posed by spam bots. The SHIBDentity system is designed to put users firmly in control of their digital identities, aligning with the principles of Web3 technology and decentralization.
In summary, Shiba Inu’s unveiling of the SHIB Name Service (SNS) represents a significant leap towards simplifying digital identities and blockchain addresses. This innovative feature is poised to enhance the accessibility and security of digital interactions, all within the framework of the SHIBDentity system.