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SHIB Burns Record Mysterious 771,019% Surge – What’s Happening?

In a shocking turn of events, the Shiba Inu (SHIB) community has witnessed an unprecedented surge in token burns. According to reports, the burn amount has skyrocketed by a staggering 771,019%. This incredible increase has left many wondering what could be driving such an astonishing development.

As we delve deeper into the issue, it appears that this remarkable surge is not just a one-off incident but rather part of a larger, more strategic plan. In a recent statement, Lucie, a prominent member of the SHIB team, revealed that Shibarium’s upcoming layer 3 (L3) will be focused on privacy.

To achieve this, the network has partnered with Zama to integrate Fully Homomorphic Encryption (FHE) rollups into their protocol. This groundbreaking technology ensures that user data remains entirely encrypted at all times – even when it is being used by apps. As a result, developers, the network, or authorities would be unable to access or view this information unless users intentionally choose to do so.

This bold move by SHIB has sparked significant interest among crypto enthusiasts and privacy advocates alike. It seems that the Shiba Inu community is taking an aggressive stance on data protection, setting it apart from other networks in the space.

What are your thoughts on this development? Do you believe Shibarium’s focus on privacy will attract a new wave of users or set a precedent for the crypto industry as a whole?

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Source: https://u.today/shib-burns-record-mysterious-771019-surge-whats-happening