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Shiba INU Officials Hints At Shibarium For Public Today Early beneficiaries of the update are already celebrating the arrival of bridged $ BONE tokens, signaling a positive start to this new phase. The Shibarium team acknowledged their delight with the development, saying that the network has reached a “ready” condition following extensive testing and parameter modifications. The group disclosed that even though the platform is still being tested, blocks are still being successfully produced. advertisement New safety precautions and a monitoring system are also part of the recent upgrades. These include rate limiting at the RPC (Remote Procedure Call) level and an automatic server reset mechanism. These enhancements are designed to prevent any issues that could arise from sudden spikes in traffic, ensuring a stable and reliable experience for users. Also Read: Solana Bulls Outperform Bears As SOL Soars 6%, Will Prices Skyrocket? Team Assures Of No B...

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...

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...

Shiba Inu (SHIB) is on the verge of launching its layer-2 network, Shibarium . According to SHIB lead developer, Shytoshi Kusama the upcoming network could debut in two to four months. With the launch inching closer every day, the network’s governance token, Bone ShibaSwap (BONE), is seeing increased listings. Popular crypto exchange, Huobi, has announced that it has listed Shiba Inu’s offspring token BONE. The platform announced that deposits are open and that trading will start soon. New Listing on #Huobi$BONE @ShibaSwapDEX Deposits open Trading goes live soon https://t.co/MBo5EnodV4#newlistings pic.twitter.com/2KgVoZe5E7 — Huobi (@HuobiGlobal) April 25, 2023 Huobi’s listing follows Dubai-based crypto exchange CetoEX announcing, that they are listing BONE as well. Moreover, OKX has also listed the Shiba Inu (SHIB) offspring token on its platform. OKX has since increased its BONE holdings by 400%, becoming the fourth-largest holder. An important point to note is th...

Shiba Inu (SHIB) lead developer, Shytoshi Kusama, has sent the community a message ahead of the highly-anticipated Shibarium beta release. Specifically, Kusama has urged the SHIB Army to “please wait for official announcements,” in a Tweet regarding the layer 2 protocol set to arrive this week. Moreover, the Tweet boasted tags that listed ShibArmy, DYOR, and Shibarium ; verifying the referencing of hte upcoming launch. Conversely, the entire Shiba Inu community is anxiously awaiting developments on the previous news that the beta launch would be arriving at some point this week. Please wait for official announcements #SHIBARMY. #DYOR. # Shibarium — Shytoshi Kusama™ (@ShytoshiKusama) March 9, 2023 Shibarium Developer Sends SHIB Army a Message The prevalence of meme coins in the digital asset industry is an undeniable fact at this point. Yet, as tokens like Dogecoin (DOGE) and Floki continue to gain relevance, one of the largest mem coins in the...

There are a ton of dog-themed assets in the cryptocurrency market. The majority of these are classified as meme coins . Others were gradually eyeing overtaking Dogecoin (DOGE) and Shiba Inu (SHIB), which have managed to reach a better stance. However, Shiba Inu still stands out in terms of development, and Shibarium is the much-awaited launch that will be out soon. Shibarium has definitely inspired many, and several other launches are still in the cards. Pawswap is such an example. It is a soon-to-launch decentralized exchange that will be powered by Shibarium . Read more: AAVE Launches the Much-awaited Stablecoin GHO on Ethereum Testnet Source: Pawswap Pawswap is inspired by Shiba Inu’s success The mission of Pawswap is to build a decentralized exchange. The DEX is inspired by the success of Shiba Inu and envisions delivering the same success to the platform. The platform is still in its research and development stage, and the final DEX is set to launch in Q4...

The Shiba Inu [SHIB] community has been seeking and awaiting information pertaining to Shibarium . However, time and again, the network was seen delaying the launch of this update. Earlier this week, the SHIB network kickstarted a surprise countdown. While several assumed that this was about Shibarium , it turned out to be an update to the official website. Therefore, the Shib Army was visibly enraged about this. Several pointed out how the countdown wasn’t necessary. Tweets about the same began pouring in. One Twitter user suggested expressed disappointment. Several went on to call Shiba Inu’s defense team co-lead, Trophias a “scammer.” It should be noted that the Shibarium beta testnet was expected to release in Q4 2022. Further defending the community, a Twitter user wrote, “But you can’t blame people when they were told Q3 2022 or just a bit after. We are about to close Q4 2022 going into Q1 2023” Another member of the Shi...