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Shibarium Nears Public Reopening With Scaling Upgrades

22.08.2023
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Shibarium Nears Public Reopening With Scaling Upgrades

  • Shytoshi Kusama claims that Shibarium is now improved and optimized.
  • New features are being added to Shibarium to make it more scalable.

On Tuesday, Shibarium’s primary developer, Shytoshi Kusama, said that the Shibarium was nearing completion of a public reopening. After experiencing extreme blockchain traffic, Shibarium entered a fail-safe mode for testing and adjusting settings. To avoid block creation and other problems, the Shibarium team is increasing the chain’s size by 1500%.

New features are being added to Shibarium to make it more scalable, stable, and decentralized. Increased network safety and the ability to stake more BONE tokens are the results of new validators going live.

Improved and Optimized

Moreover, after two days of testing and fine-tuning settings, chief developer Shytoshi Kusama claims on the official blog posted on August 22 that Shibarium is now improved and optimized. More importantly, the chain is once again making blocks and is about to reopen. Rate limitation at the RPC level and automatic server reset are two of Shibarium’s new fail-safe mechanisms.

Shiba Inu team members will also begin using ShibPaper in order to establish an effective management and governance structure. Also, the usefulness of the Shibarium chain will grow as more projects and Dapps are built on top of it, leading to more token burning.

On the other hand, after a short halt before the Shibarium mainnet launch, activity on Puppynet resumed, and the network surpassed 32 million total transactions. Post going online, daily transactions immediately increased to above 170,000. Additionally, over 2.1 million blocks have been generated on the testnet. But the number of linked wallets has fallen from over 17 million to a little over 10 million.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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