**TL;DR**
– Shytoshi Kusama and Kaal Dhairya emphasized that the strength of Shiba Inu lies in its community, not individual leaders, maintaining anonymity to uphold this principle.
– The developers plan to hand over control to the community by the end of 2024 to enhance decentralization.
**‘Let The Mask Remain Famous’**
Shiba Inu (SHIB) – the second-largest meme coin – came into existence four years ago, launched by an anonymous person or group under the pseudonym “Ryoshi.” Initially created as an experiment in decentralized community building, SHIB is now one of the most trending cryptocurrencies, ranking among the top 20 with a market capitalization of over $8 billion.
Over the years, “Ryoshi” gradually stepped back, passing leadership to another anonymous developer known as Shytoshi Kusama. Recently, Kusama participated in an interview, wearing a mask and having their voice modulated, stating they don’t aim to reveal their face. They emphasized that the power of Shiba Inu is derived from its devoted community, not a few individuals:
> “There’s no need for my face to become a public figure. Let the mask remain famous. The power of SHIB is not because of me or because of Kaal; it is because of the community. And that is what is most important: the technology to take Web 2 to Web 3 and the brand of a very special dog breed that has gone viral many times as a meme.”
Kaal Dhairya, another enigmatic leader behind Shiba Inu, also participated in the interview. They asserted that anonymity is the best way to blend with the community and receive their “true, honest feedback.”
**More Power to the Community**
The developers also announced that they will hand control over to the community and step away at the end of 2024. According to Kusama, the move aligns with their vision for true decentralization in the cryptocurrency space. They clarified that this development is not about abandoning the project but “empowering the community even more than they already have.”
While Shiba Inu is decentralized in its governance and ecosystem, the degree of decentralization can vary depending on how actively the community participates in development processes. If a large portion of the SHIB Army (a term used to collectively describe all Shiba Inu investors, proponents, and traders) is passive, decision-making could become concentrated among a smaller group of engaging participants.
**Twitter**
@ShytoshiKusama and @KaalDhairya emphasize community power in Shiba Inu, planning to decentralize control by end of 2024. #ShibaInu #CryptoCommunity #Decentralization
