Version: 1.1
Date: 10/01/2025
Shibacoin is a layer 1, Scrypt-based cryptocurrency designed for simplicity, community engagement, and fun. Developed by an original Dogecoin enthusiast, Shibacoin aims to recreate the joyful and inclusive atmosphere of the early Dogecoin community while embracing modern blockchain advancements like merge mining and scalable tokenomics.
Shibacoin is a blockchain built from the ground up to prioritize decentralization and inclusivity. Inspired by the successes of Dogecoin and Pepecoin, Shibacoin takes a unique approach by focusing on simplicity and accessibility.
With no liquidity pools, blacklisting wallets, or complex smart contracts, Shibacoin is a straightforward cryptocurrency that empowers its users. Shibacoin allows anyone to participate in its network, operate nodes, and mine with merge-mining support for Litecoin and Dogecoin.
Shibacoin operates as an independent blockchain, avoiding the complexities of token-based systems.
Shibacoin uses the Scrypt hashing algorithm, which ensures security, accessibility, and energy efficiency for miners.
Merge mining was originally planned for block 42,000, The devteam initiated a community vote to anticipate it to block 24000 and it was accepted by the community. This was done to allow Shibacoin to be mined alongside Litecoin and Dogecoin sooner, making the distribution of the coin fairer and the network more secure.
Shibacoin follows a predictable reward schedule, halving every 100,000 blocks to control inflation and incentivize miners.
| Block Range | Reward (Shibacoin) |
|---|---|
| 1–99,999 | 500,000 |
| 100,000–199,999 | 250,000 |
| 200,000–299,999 | 125,000 |
| 300,000–399,999 | 62,500 |
| 400,000–499,999 | 31,250 |
| 500,000–599,999 | 15,625 |
| 600,000+ | 10,000 |
Shibacoin mirrors Dogecoin's inflationary model, adding ~5.256 billion SHIC annually after block 600,000. This ensures continuous usage incentives while the inflation rate decreases over time as the total supply grows.
Block Time: 1 minute
Shibacoin Core is open-source and community-driven, encouraging contributions and collaboration from developers worldwide.
Developers can propose changes, submit pull requests, and report issues through GitHub.
To build a vibrant and engaged community, echoing the early days of Dogecoin.
Shibacoin reimagines the cryptocurrency experience by blending the simplicity of Dogecoin with the technical enhancements of modern blockchain technology. With a focus on community, inclusivity, and long-term sustainability, Shibacoin is poised to bring a fresh wave of fun and utility to the crypto world.
Website: https://shibainucoin.net
Explorer: https://shibaexplorer.com
GitHub: https://github.com/shibacoinppc/shibacoin
Currency Symbol: ₷ (SHIC)