Shiba Inu Lead Developer Plans To Follow In SHIB Founder’s Footsteps, Here’s How

Source Bitcoinist

The identify of the leaders behind the Shiba Inu project has remained a mystery since the founding of the project, from its pseudonymous founder Ryoshi to the current Lead Developer Shytoshi Kusama. Since Ryoshi stepped away from the project and the limelight, Shytoshi Kusama has since taken over, leading the project. However, it seems the lead developer’s stint may be short-lived as well following a recent statement that could see Kusama leave the project as well.

Shiba Inu Lead Developer Could Exit The Project

In a statement that was released by the lead developer, Shytoshi Kusama revealed that his stint at the helm of the Shiba Inu ecosystem will someday come to an end. The lead developer revealed this alongside the revelations of the plans that the project currently has for its community.

Mainly, the Shiba Inu team plans to tour to a number of locations, starting with Kyoto, Japan, where the team held its first-ever meet-and-greed with the community. The tour, which the team has named the “Treat Yourself” tour, a play on the upcoming TREAT token launch, will see the team stop around multiple locations to connect with the community.

This tour is only one of the many things that the team plans to accomplish in an effort to complete Ryoshi’s vision for the Shiba Inu ecosystem. Another development is a fully homomorphic encryption capability granted to all SHIB holders made possible by the Zama AI encryption system.

In addition to this, the team plans to launch its very own conference called “SHIBACON 2024”. According to the statement, this conference will be held in Thailand and will be the final stop in the “Treat Yourself” tour in 2024, happening around the same time as DevCon.

However, with the completion of this, Shytoshi Kusama reveals that this would mean he would eventually have to step away from the limelight, just as founder Ryoshi did. This will ensure Shiba Inu is a self-sustaining, decentralized ecosystem that requires no leader, just as the SHIB founder intended.

How Ryoshi Left The Space

Shiba Inu founder Ryoshi has managed to remain anonymous despite the enormous popularity of the meme coin project. To further solidify his anonymity, the SHIB founder deleted all traces of their history from all social media accounts, including X (formerly Twitter) and Medium posts.

Following this, Ryoshi completely disappeared from the community, leaving Lead Developer Shytoshi Kusama in charge of the project. Before disappearing, Ryoshi had previously hinted at this, saying, “I am not important, and one day I will be gone without notice. Take the SHIBA and journey upwards frens.”

Interestingly, this disappearing act is similar to that of Bitcoin founder Satoshi Nakamoto, who was active for a while following the cryptocurrency’s launch. However, a year after the launch of Bitcoin in 2010, Nakamoto disappeared completely and has not been heard from since then.

Shiba Inu price chart from Tradingview.com
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold sinks as risk appetite improves on Trump-Powell calm, China tariff relief hopesGold prices plunged more than 2.50% on Wednesday as risk appetite improved due to a possible de-escalation of US-China tensions and US President Donald Trump's statement that he doesn’t plan to fire Federal Reserve (Fed) Chair Jerome Powell.
Author  FXStreet
Yesterday 01: 32
Gold prices plunged more than 2.50% on Wednesday as risk appetite improved due to a possible de-escalation of US-China tensions and US President Donald Trump's statement that he doesn’t plan to fire Federal Reserve (Fed) Chair Jerome Powell.
placeholder
Bitcoin Price Stabilizes After Surge — Is It Gearing Up for Another Leg Up?Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term.
Author  NewsBTC
Yesterday 03: 22
Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term.
placeholder
Gold price bulls could regain control amid fading US-China trade deal optimismGold price (XAU/USD) attracts fresh buyers during the Asian session on Thursday, reversing the previous day's heavy losses and snapping a two-day losing streak to the $3,260 area or the weekly low.
Author  FXStreet
22 hours ago
Gold price (XAU/USD) attracts fresh buyers during the Asian session on Thursday, reversing the previous day's heavy losses and snapping a two-day losing streak to the $3,260 area or the weekly low.
placeholder
Forex Today: Easing geopolitical tensions support USD ahead of mid-tier dataThe US Dollar (USD) stays resilient against its peers early Thursday after posting gains for two consecutive days.
Author  FXStreet
20 hours ago
The US Dollar (USD) stays resilient against its peers early Thursday after posting gains for two consecutive days.
placeholder
Gold price snaps selling off after fresh Trump comments on tariffsGold price (XAU/USD) is turning positive, recovering above the $$3,300 level at the time of writing on Thursday after two days of firm selling pressure since it topped at $3,500 on Tuesday.
Author  FXStreet
18 hours ago
Gold price (XAU/USD) is turning positive, recovering above the $$3,300 level at the time of writing on Thursday after two days of firm selling pressure since it topped at $3,500 on Tuesday.
goTop
quote