Tangem, a prominent crypto cold wallet provider, is expanding its support for the Shiba Inu ecosystem by initiating the integration process of layer 2 network Shibarium.
The team behind Tangem revealed this in a recent post about X, causing a lot of excitement among Shiba Inu supporters.The move comes months after the wallet provider partnered Collaborating with the Shiba Inu ecosystem for the SHIB brand wallet project.
hey there! I stopped by to let you know that we have started integrating the Shibarimumu network.
Exciting times ahead! 🐕 #shibarimmumu pic.twitter.com/CrCRnq3hdt
— Tangem (@Tangem) February 21, 2024
In particular, this development is very important as it allows Tangem users to take advantage of the unique features of the Shibarium network, such as low-cost and fast transactions. This move also gives users the opportunity to store Shibarium-based tokens, including his NFTs such as: Shiboshi.
Cryptocurrency proponents have increasingly turned to hardware wallets since the FTX collapse, which resulted in billions of dollars in losses. The FTX implosion revealed the need for a self-custody solution that allows investors to hold the private keys of their assets.
according to Tangem said the integration process has already begun and is expected to be completed by the end of this month.Information from wallet provider blog An overview of the complex process involved in blockchain integration.
This process involves multiple steps, such as finding the appropriate API, encoding the public key into an address, retrieving the required data from the API and executing the transaction, and putting the transaction together.
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After the team completes the integration process, they test and launch app updates that include the newly integrated network.of Shibariomu The integration process follows these steps: Our recent disclosure is to let the Shiba Inu community know that we have begun that process.
Tangem x Shiba Inu relationship
Notably, Tangem continues to engage with the Shiba Inu community and collect data on requests from SHIB supporters. The proposal to integrate Shibarium is Tangem x Shiba Inu This collaboration led to the launch of the SHIB branded Tangem wallet.
The Shiba Inu Ecosystem Team first teased the development of a SHIB-branded wallet in May last year, sparking community anticipation. Shortly after the teaser, Tangem was revealed to be the company behind the project, as the team began accepting pre-orders.
The wallet was a huge success, resulting in a healthy relationship between the wallet provider and the SHIB Army. Tangem, the central figure of last year's Shiba Inu x Tangem campaign disclosed A blog release from last November stated that the next step was to integrate Shibarium.
Last October, Tangem also collaborated with Shiba Inu partner Bad Idea AI to develop 350 unique hardware wallets. The latest development comes a week after his market tracking resources CoinMarketCap and CoinGecko. integrated sybarium.
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