Shib Team Announces Significant Decentralization Planning: Actions Indicated for Execution
In the world of cryptocurrency, the concept of decentralization is a hot topic, and none more so than in the Shiba Inu (SHIB) community. Lucie, the pseudonymous marketing lead of the Shiba Inu team, has emphasized the importance of community in real decentralization in the crypto space.
Lucie's key message is that decentralization in Shiba Inu is fundamentally about action, not permission. She explains that true decentralization allows users to build, vote, and contribute directly and transparently without intermediaries, through decentralized autonomous organizations (DAOs). The system is run by the community, not by any team or leader.
Every user who connects a wallet and stakes crypto has a voice in protocol changes, treasury allocation, and governance. Leadership emerges only through consistent and progressive actions recognized by the community, rather than hierarchical authority. Lucie also reminds the SHIB community to focus on real activity and innovation, underscoring that decentralization rewards action, not attention.
The Shiba Inu system has between two and three million holders, and the community runs the entire DAO system through the tokens they stake. This decentralized approach has been reflected in the recent price rally, with Shiba Inu soaring by almost 12% since Thursday, July 10, from $0.00001246 to $0.00001394.
However, it's important to note that not all voices in the Shiba Inu community are positive. A group of around 30 trolls have failed projects and criticize the SHIB dev team, but they do not represent the entire community.
The Shiba Inu price rally occurred within the context of the broader crypto market, with Bitcoin, the leading cryptocurrency, breaking through the $122,000 price mark earlier today, setting a new historic peak. However, Lucie did not express an opinion on whether Bitcoin is going to reach $1 million or not.
In other news, Grayscale has filed for an IPO, but the impact on the crypto market was not discussed in this context. Similarly, a cryptic Bitcoin message from NBA legend Scottie Pippen in a dream was not related to the topic of decentralization and was not discussed.
In conclusion, the Shiba Inu cryptocurrency is a prime example of a decentralized system, where the community plays a crucial role in decision-making and innovation. The key aspect of decentralization in Shiba Inu is that it is about action, not permission, and leadership emerges through consistent and progressive actions recognized by the community.
- In the Shiba Inu cryptocurrency, users have a voice in protocol changes, treasury allocation, and governance if they connect a wallet and stake crypto, showcasing the importance of action in the decentralization process.
- Decentralized autonomous organizations (DAOs) run the Shiba Inu system, allowing users to build, vote, and contribute directly, signifying a system that's run by the community, not by any team or leader.
- Lucie, the marketing lead of the Shiba Inu team, underscores that decentralization rewards action, not attention, emphasizing the focus on real activity and innovation in the crypto community.
- The decentralized approach in Shiba Inu has led to a recent price rally, with Shiba Inu soaring by almost 12% since Thursday, July 10, demonstrating the potential impact of a community-driven system in the crypto market.
- Though not all voices in the Shiba Inu community are positive, it's essential to remember that the development and decision-making in the system are a reflection of the collective community action.