Shiba Inu’s Shibarium Ready to Reopen to the Public
Shiba Inu’s lead developer, Shytoshi Kusama, has announced that Shibarium is almost ready to reopen to the public. After experiencing massive traffic on the blockchain, Shibarium went into fail-safe mode for testing and parameter adjustments. The team has scaled the chain by 1500% to prevent any issues with block production.
Key Points:
– Shibarium is now enhanced and optimized after two days of testing and parameter adjustments.
– The chain is producing blocks again and is “almost ready to reopen to the public.”
– New monitoring system and fail-safe mechanisms have been implemented to improve security and stability.
– Shytoshi Kusama warns against FUD (Fear, Uncertainty, and Doubt) and emphasizes the dedication to decentralization in the Shiba Inu ecosystem.
– Shibarium is scaling with new capabilities to enhance security, stability, and decentralization.
Shiba Inu Ecosystem Thriving
The Shiba Inu team is focused on increasing security and enabling more BONE token staking by adding additional validators to the network. They will also be implementing the ShibPaper for governance and management purposes. This will attract more projects and dApps to build on the Shibarium chain, increasing utility and token burns.
Hot Take:
Despite a slight decrease in SHIB, BONE, and LEASH prices in the past 24 hours, the Shiba Inu ecosystem continues to thrive with the improvements made to Shibarium. The dedication to decentralization and the implementation of new features are promising signs for the future of Shiba Inu and its community.
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