Ryoshi, Founder of Shiba Inu, Deletes All His Tweets and Blog Posts
This Monday, the founder of the Shiba Inu (SHIB), Ryoshi, deleted his tweets and all of the posts on his blog.
This Monday, the founder of the Shiba Inu (SHIB), Ryoshi, deleted his tweets from his and all of the posts on his blog.
Just like Satoshi Nakamoto, the founder of Bitcoin (BTC), Ryoshi’s identity has remained unknown to this day. This has been made possible by the hands-off approach he and his team of developers have taken since 2020.
The absence of official explanations opens the door to possible interpretations of Ryoshi's actions.
On the one hand, there are project enthusiasts, who think that this is a part of Ryoshi's actions to make Shiba Inu a completely decentralized project. On the other hand, there are people who see it as a very bad sign that the founder of the project disappears, especially after the controversy surrounding the SHIB token.
Shytoshi Kusama, lead developer of Shiba Inu stepped up to respond to comments and try to explain what happened. In his post named TO RYOSHI: A Special Shib Memorial Day he mentioned that “the ethos of Ryoshi to remain anonymous and have no input on the direction of Shib.“ Later, he continued: “We’ve built from nothing, never paid an exchange for a listing, and revolutionized ‘meme’ tokens by growing exponentially.”
The developer then comments that he meditated on it and saw "the answer clearly." In that sense, he explained that in most of the stories in which a group must face insurmountable difficulties, the master disappears and leaves it in the hands of the "apprentice".
“With this in mind, it is befitting that as we grow nearer to a completed Ryoshi’s Vision and realizing global decentralization, he would leave it up to us, The Shib Army.”
On the market side, SHIB seems like it has not been affected by Ryoshi's decision dramatically. As of this writing, SHIB is trading at $0.00001171, according to data from CoinMarketCap.