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Latest | Vitalik leaves a message: The remaining Shiba Inu tokens SHIB to be donated to charity, urges not to send more tokens to disrupt the situation

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Latest | Vitalik leaves a message: The remaining Shiba Inu tokens SHIB to be donated to charity, urges not to send more tokens to disrupt the situation

Twitter community revealed that Ethereum founder Vitalik left a transaction message, burning 90% of his remaining Shiba Inu tokens, discussing how to handle the remaining Shiba Inu tokens.

Background: The Story of Shiba Inu Coin and Vitalik

  1. Many dog-themed emerging coins have been transferred to Vitalik for the majority of the supply to be "burned." Related articles: Rabies Alert! What is Shiba Inu Coin SHIB, and its leash LEASH and bone BONE
  2. Unable to bear it, Vitalik sold a pile of unwanted dog coins and donated the proceeds to charity. Related article: The Shiba Inu commotion ends! Vitalik donates large amounts of dog-themed coins, unhappy with Ethereum's speculation?

Vitalik's Message: 90% of Shiba Inu Coins Burned

At around 5 a.m. Taiwan time GMT+8, Ethereum founder Vitalik left a message in the transaction details:

"I have decided to burn 90% of my remaining Shiba Inu coins in my wallet. The remaining 10% may be donated to a charity with a longer-term outlook like CryptoRelief to prevent massive loss of life. The pandemic is a big issue right now, but the long-term future matters too.

Leaving the remaining tokens in a wallet starting with 0xab58 is not my choice. For security reasons, they need to be moved to a more suitable wallet, as any transactions I make will be interpreted as some action. So it's best to deal with this quickly."

He continued:

"The response from the dog coin community to my donations has impressed me. Many dog coin supporters have shown their generosity and willingness to make the world a better place, not just focusing on their profits but on making the world better, and I support that behavior."

Vitalik: Please Stop Sending Coins Uninvited

Finally, he also stated:

"But for those who are planning to create tokens or DAOs in the future,

please don't send your project's tokens or rights to me without my consent

I don't want to be a part of that. It would be better to send those coins directly to charitable organizations, but please discuss it with them first."