Shibarium, the Layer 2 blockchain community for the Shiba Inu ecosystem, is on the verge of integrating the Chainlink’s cross-chain interoperability protocol (CCIP), which may enhance its interoperability. The event got here to mild when The Bus, a distinguished determine within the Shiba Inu neighborhood, analyzed code particulars associated to the mixing. He shared screenshots of the codebase highlighting particulars of Shibarium’s potential integration with CCIP.
The screenshots present a “PriceRegistry” sensible contract that facilitates the conversion of token quantities throughout blockchain networks. Notably, the contract makes use of Chainlink know-how to confirm token costs and guarantee correct cross-chain token transfers. Whereas the mixing has but to be formally introduced by the Shibarium staff, The Bus’s disclosure prompted a response from Shiba Inu developer Kaal Dhairya, who acknowledged the knowledgeable’s expertise in revealing vital updates round Shibarium and the broader ecosystem.
The CCIP Chainlink integration will permit Shibarium to broaden its ecosystem and improve interoperability by connecting to different blockchains. At present, asset transfers involving Shibarium and different networks are based mostly on bridges. The CCIP integration may enhance consumer expertise by permitting Shibarium-based property to interoperate throughout completely different chains, growing liquidity. For instance, community contributors may use Shibarium tokens in purposes or transactions on chains comparable to Ethereum, Polygon, or Avalanche.
Picture: freepik
Designed by Freepik
