on the crypto
On May 30, the creator and founder of the cryptocurrency meme Shiba Inu (SHIB), Ryoshi, deleted messages from his social networks and all posts on his blog, which alarmed the entire community that revolves around the world. digital asset.
Faced with the avalanche of messages on Twitter on the subject, Shytoshi Kusama, main developer of Shiba Inu, came out to respond to comments and try to explain what happened.
Initially, Kusama also said he was surprised by Ryoshi's decision
He ensures that he understands the many questions that may have arisen, including those such as “why leave [the project] now?” As he has asked them himself, as he recounts on his blog.
Then, the developer comments that he pondered it and saw "clearly the answer". In this sense, he explained that in most of the stories where a group has to face insurmountable difficulties, the teacher disappears and leaves everything in the hands of the "apprentice".
"With this in mind, it is fitting that as we approach Ryoshi's full vision and realize global decentralization, he leaves it to us, the Shib Army," Kusama explained.
From Kusama's reflection, it can be interpreted that Ryoshi's departure is to leave the project in the hands of the community. Although he does not specify who or who will handle the cryptocurrency.
“Ryoshi was and is one of the most successful anonymous founders of any project. Even if I don't know his identity, his legacy lives on in the Shib token, in the Shib ecosystem and in all the projects we envision to decentralize the world, ”wrote Kusama.
One of Shiba Inu's most notable projects is the controversial Shiba metaverse, which some have cited as slow to develop. This project has also been the subject of complaints that it is based on the Ethereum blockchain, instead of being built on Shiba's advertised blockchain, called Shibarium.
For his part, Kusama concluded his post on Medium, stating that "Shib is Shib and we continue to grow in the future following the path traced by our magnificent founder".
Ryoshi's sudden appearance
Everything seemed to indicate that the creator of Shiba Inu would not be featured on the blog created on Medium. In fact, it could be seen that he was off duty.
However, the situation suddenly changed and the blog appeared enabled, this time with two publications. The last reads: “Every Shibarmy is Ryoshi. He represents no one but the glory of the Shibarmy! THE FINAL". The text is accompanied by an image of Jetsun Milarepa, a yogi and poet from Tibet.
It is worth mentioning that LUNA, an Terra token, lost 99% of its value within three days a few days ago. The same happened with the USD or UST stablecoin Terra, of the same project, which in the same period lost up to 70% of its peg to the dollar value.
Reactions on Twitter and fears for the LUNA case.
Ryoshi's decision has alarmed many users on Twitter. Some have called it irresponsible and scandalous.
One of the tweeters, who identified himself as Tajo Crypto, commented that Ryoshi wants to give the impression that he is leaving a legacy of himself in order to look like a hero. "In light of the recent events of LUNA, he wants the community to appropriate the project to carry it out."
On another Twitter account user @KingCryptoLion said he hopes Ryoshi has no plans to abandon Shib, as it would cause a major scandal. “It could be another situation like LUNA”.
Ryoshi's departure and Shiba Inu's price
From a market perspective, the SHIB cryptocurrency was not affected by Ryoshi's decision. At the time of writing, the cryptocurrency's price has risen 3,63% in the past 24 hours and is quoted at $ 0,000012, according to data from CoinMarketCap.
The rise of the quotation of SHIB was mainly driven by the rebound in the price of bitcoin, after nine consecutive weeks of decline. For nearly three weeks, the price of BTC has mostly fluctuated between $ 28.000 and $ 31.000.
