Shibarium’s Upcoming Public Launch Gains Traction

Blockchain technology is witnessing another major milestone with the upcoming public debut of the Shibarium layer-2 version. The Shiba Inu team has confirmed that their platform is operational and all set to be unveiled to the public.

Shibarium, positioned as an Ethereum layer-2 solution, is already live but in a private capacity. It has undergone a two-day successful test run and is inching closer to its public release.

In a recent update via a blog post, the Shibarium team assured that the platform is secure, and users are in for a new and enhanced experience once it opens up to the broader community. Early adopters are already reaping the benefits as bridged BONE tokens make their debut.

The vibrant Shibarium community, referred to as the Shib Army, has been actively sharing their reactions on platform X (previously known as Twitter), highlighting the platform’s advancements. The Shibarium developers expressed contentment with how the network has progressed, emphasizing its operational readiness post comprehensive tests and tweaks. They further highlighted the network’s robustness, with blocks consistently being produced without any glitches.

Safety has been a key focus in the recent updates. The team has integrated rate limits at the remote procedure call (RPC) level and introduced an auto server reset feature. These upgrades aim to preemptively address potential issues from sudden traffic spikes, thus promising users a seamless and reliable experience.

During its trial phase, Shibarium caught the eye of many, registering millions of wallets and processing over 22 million transactions in just four months. Yet, its initial launch wasn’t without hiccups. A sudden and unexpected surge in activities momentarily overwhelmed the system, pausing transactions for a few hours. This led to millions of dollars getting stuck in a bridge tool, resulting in a 10% dip in Shiba Inu’s price.

Post these challenges, the development team took quick action to resolve the issues, attributing the disruption to unanticipated transaction volumes. Despite initial roadblocks, the team remains confident about the platform’s successful relaunch.