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SHIB Team Member Reveals Exciting Update as Shibarium Plans Relaunch

Thu, 08/24/2023 - 10:46
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Tomiwabold Olajide
Exciting news disclosed by SHIB team member as Shibarium set to begin new journey
SHIB Team Member Reveals Exciting Update as Shibarium Plans Relaunch
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Shiba Inu team official Lucie has disclosed exciting news as the Shibarium relaunch nears. In a new tweet, Lucie informs followers of the status of Shibarium, revealing that Shiba Inu Layer 2 is officially live and running smoothly in private mode.

Lucie highlighted the team's next step: making Shibarium public. Another interesting piece of information revealed by a Shiba Inu team member was that some members have already received their bridged BONE, while reassuring everyone that their funds are secure.

Shibarium paused shortly after its Aug. 16 launch due to an insane influx of users. The team immediately swooped into action to scale its operations and commenced deep testing on the network.

Updates were relayed consistently as testing evolved, with tremendous progress being reported at each count. In the most recent update shared by Shiba Inu leader Shytoshi Kusama, Shibarium is now enhanced and optimized after days of testing and tweaking its parameters.

New features have been deployed within a short space of time, which include a new monitoring system and additional fail-safes, including rate limiting at the RPC level and auto server reset in case of a reoccurrence of major traffic.

Kusama teased additional validators going live and a test wrap-up before relaunching Shibarium to the public in the coming steps.

Shibarium testnet explorer gets new look

Meanwhile, Puppyscan, the Shibarium beta "Puppynet" testnet explorer, has gotten a new look, according to Lucie.

The new enhancements are intended to better serve the community. The features at the top of the blockchain explorer appear to have been updated with the addition of a new metric called "Gas Tracker," as well as a prominent search bar.

A graphical display depicting daily transactions is also included.

Shiba Inu's Shibarium Explorer Sees Improvements in New Revamp

Shibarium remains in testing, as seen in the updated statistics on Puppyscan. According to the explorer, "Puppynet" has performed 36,758,800 transactions thus far. There are currently 2,208,298 total blocks; 17,070,222 wallet addresses and a gas tracker reading of 1.03 Gwei. Daily transactions are coming in at 168,800.

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About the author

Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.