Claim BonusShiba Inu Lead Developer Shytoshi Kusama Announces Shibarium Reopening
Shiba Inu’s lead developer Shytoshi Kusama on Tuesday announces that Shibarium is almost ready to reopen to the public. Shibarium went into the fail-safe mode for testing and tweaking parameters after getting massive traffic on the blockchain. The Shibarium team is scaling the chain by 1500% to prevent any block production or other issues.
Shibarium Ready to Reopen to the Public
According to an official blog on August 22, Shiba Inu lead developer Shytoshi Kusama announces that Shibarium is now enhanced and optimized after two days of testing and tweaking parameters. Moreover, the chain is producing blocks again and is “almost ready to reopen to the public.”
Shibarium has a new monitoring system and additional fail-safe mechanism including rate limiting at the RPC level and auto server reset.
Shytoshi Kusama warns the ShibArmy about FUD, making people sell their bags. He asserts the Shiba Inu ecosystem is dedicated to decentralization.
“One piece of fud is that Shibarium was never going to come. Kek. Fud ded. Another was that I am not focused on decentralization. This fud is now also laughable as I’ve presented what is, arguably, the most comprehensive decentralization document the world has ever seen.”
Also Read: Terra Luna Classic Proposal To Directly Burn 800 Mln USTC Officially Passed, LUNC Jumps
Shiba Inu Ecosystem Is Thriving
Shibarium is scaling with new capabilities to improve security, stability, and decentralization. Additional validators are going live on the network, which increases security and enables more BONE token staking.
In addition, the Shiba Inu team will start implementing the ShibPaper to have a fully working system for governance and management. Projects and dApps will build on the Shibarium chain, increasing utility and token burns.
SHIB price fell 5% in the past 24 hours, with the price currently trading at $0.0000079. Meanwhile, BONE and LEASH dropped more than 3% and 4% in the last 24 hours.
Also Read: Shiba Inu Portends Another 10% Drop As Shibarium Botched Launch Bites
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- ETH Price Fears Major Crash As Trend Research Deposits $1.8B Ethereum to Binance
- Trump Tariffs: Will US–India Trade Deal Boost Crypto Market?
- Why Is Pi Coin Price Rising Today? Key Reasons Explained
- BestChange Wins Best Crypto Exchange Rate Aggregator at the Crypto Impact Awards 2025
- Arthur Hayes Blames BlackRock’s IBIT Hedging for Bitcoin Crash as BTC Price Rebounds 7%
- Bitcoin and XRP Price Outlook Ahead of Crypto Market Bill Nearing Key Phase on Feb 10th
- Bitcoin Price Prediction as Funding Rate Tumbles Ahead of $2.1B Options Expiry
- Ethereum Price Outlook as Vitalik Buterin Sells $14 Million Worth of ETH: What’s Next for Ether?
- Solana Price at Risk of Crashing Below $50 as Crypto Fear and Greed Index Plunges to 5
- Pi Network Price Prediction Ahead of PI KYC Validator Reward System Launch
- XRP Price Outlook As Peter Brandt Predicts BTC Price Might Crash to $42k
