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Blockchain technology is experiencing exciting advances as the long-awaited Shibarium (L2) version might go live in public mode today. Shibarium, an Ethereum layer-2 network, has been working without any issues up to this point and is about to become publicly accessible, hinted the team behind it. According to a recent blog post from the Shibarium team, once the platform is open to everyone, users may anticipate a flawless experience and that all funds are secure.
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.
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.
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Team Assures Of No Bridge Issues
With millions of wallets taking part in more than 22 million transactions over four months, the network’s testing phase attracted a lot of attention. The original launch, though, ran into problems. Due to a surge of activity that overloaded the network, transactions were halted for several hours. This resulted in millions of dollars becoming stuck on a bridge tool, which decreased SHIB pricing by 10%.
It is also important to note that ever since the issue initially occurred, there has been no transaction on the Mainnet blockchain and more than 7000 transactions on the Testnet. Since then, developers have rectified the problems and made it clear that the servers were overloaded by an unanticipated spike in transaction volume. The network’s staff is confident about the reopening despite the early hiccups. The potential of Shibarium to change the blockchain environment is once again in focus now that the flaws have been fixed.
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