The Completed Shibarium Hard Fork: What You Need to Know 🚀
Shiba Inu (SHIB) competitor, Shibarium, has just announced the successful completion of its highly anticipated hard fork, bringing exciting new developments to the table. Here’s what you should know:
Blazing-Fast Transactions and Predictable Gas Fees 🔥
- The Shibarium hard fork has concluded at block height 4504576, introducing blazing-fast transactions and predictable gas fees.
- This move has been eagerly awaited by traders, signaling a significant milestone for the project.
Shibarium: A Scalable Layer-2 Solution 🌐
- Shibarium first released a beta bridge for public use in July 2023, employing plasma and proof-of-stake (PoS) technology.
- Investors can now seamlessly transfer tokens between Shibarium and the popular smart contract platform, Ethereum (ETH).
Benefits of Shibarium 🌟
- Lucie, a content marketing specialist for Shiba Inu, highlighted the advantages of Shibarium, such as lower gas fees and faster transactions.
- Shibarium also opens up more use cases for the Bone ShibaSwap (BONE) digital asset while enhancing security features.
Shibarium’s Rapid Growth 📈
- In September 2023, Shibarium was reported to have exceeded 2.5 million transactions and was processing an average of 200,000 daily transactions.
- The protocol boasted over 1.2 million unique wallet addresses and a staggering 27.1 million BONE tokens in circulation.
Current Trading Status of SHIB 💸
- At the time of writing, SHIB is trading at $0.000024, marking a 5.2% increase in the last 24 hours.
Closing Thoughts on Shibarium’s Hard Fork 🚀
The completed Shibarium hard fork signifies a new era for the project, bringing forth enhanced features and capabilities that benefit users and projects alike. With faster transactions, lower fees, and increased security, Shibarium is poised to reshape the decentralized ecosystem for the better.