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Shibarium Weathers Massive Influx, Shytoshi Kusama Claims "All Is Well"

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Read More: Shiba Inu’s Layer-2 Blockchain Shibarium Is Live advertisement In a recent blog post , the project’s lead developer, Shytoshi Kusama, addressed the situation. Kusama stated that the issues were not inherent to Shibarium itself. Instead, they resulted from the massive influx of users and transactions that coincided with the platform’s launch. “Our team has been working to scale and bring up the chain again to the extent that we can handle the influx of our decentralized nation-state,” Kusama wrote. Unprecedented Traffic Levels Kusama provided insight into the scale of traffic that Shibarium experienced. According to analytics from Alchemy, Shibarium saw over 160 million compute units in about 30 minutes, a pace that matches the most active layer-2 blockchains currently in operation. Recommended Articles Crypto Presale Proj...

Shibarium Hits Landmark Milestone as Mainnet Launch Draws Near

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The Latest Shibarium Milestone According to data from PuppyScan, the analytics platform that records on-chain transactions on the Shibarium protocol, the L2 scaling solution has crossed the 31 million total transaction count. Specifically, since the PuppyNet testnet was launched, the protocol has processed a total of 31,820,330 transactions. advertisement This figure was further complemented by other impressive upticks including the total block generated, pegged at 1,810,079 since inception. The usage of the PuppyNet platform has been impressive since it was launched and at the time of writing, a total of 17,062,483 wallets have been created and working on the protocol at this time. The Shibarium protocol was created in order to help scale Ethereum. It is a protocol that was conceived and created by the Shiba Inu team in a bid to bring more value to all of its ecosystem members.  The Shibarium launch is well-hyped and there is growing anticipat...