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It also has very ambitious plans of building a modern school in every underdeveloped country on every continent. By reducing transaction costs and speeding up transaction times, Shibarium could encourage wider participation in DeFi, especially among those who were previously deterred by high gas fees and slow transaction speeds on Ethereum. Part of its success is attributed to celebrities like Elon Musk and Mark Cuban, who openly promoted Dogecoin using their social channels. Layer 2 solutions typically introduce improvements like higher transaction throughputs or enhanced smart contract capabilities. For token holders, developers, and enthusiasts alike, keeping a close eye on Shibarium's developments will be crucial.
