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  • Shiba Inu’s Shibarium has undergone enhancements and optimization for scaling after intensive testing.
  • Shytoshi Kusama, Shiba Inu’s lead developer, announced new monitoring systems and fail-safes to handle massive traffic on Shibarium.

The air is thick with excitement! A tweet from “@Shibtoken” served as the torchbearer of fresh news, announcing a vital update on their blog. With cryptocurrency enthusiasts glued to their screens, this news rings across the crypto world like the sound of coins jingling in a virtual wallet.

Shibarium’s Groundbreaking Scaling Update

After two days submerged in rigorous testing and parameter adjustments, Shibarium has emerged, optimized and enhanced. The Layer-2 blockchain solution, Shibarium, was designed to alleviate scaling issues, and it seems the team is on the verge of presenting it to the public once more.

A Fortress of New Features

The key to Shibarium’s revamped resilience? A slew of advanced features. As described by Shytoshi Kusama, the spearhead of the Shiba Inu project, a state-of-the-art monitoring system is now in place. This ensures that any significant traffic surges can be addressed instantaneously. In tandem with this, additional fail-safes have been integrated. These include rate limiting at the RPC level and an auto server reset functionality.

For those unfamiliar with the backstory, it’s essential to note that Shibarium had previously faced technical hitches post its mainnet launch. An overwhelming 160M compute units were recorded in a mere 30-minute window, triggering issues on the L2 blockchain. This glitch temporarily stranded over $2M of users’ crypto assets. But with its new defense mechanisms, Shibarium is poised to tackle such challenges head-on.

Prepping for the Public Stage

Shytoshi Kusama’s recent blog post hinted at the near completion of Shibarium’s testing phase. The developer community awaits with bated breath, as the project is set to introduce more network validators on August 23rd. This move anticipates the public reopening, positioning Shibarium as a robust contender in the L2 scaling solution arena.

The previous technical hitches encountered by Shibarium were attributed to an overwhelming surge of users and transactions upon its initial release. Yet, with the enhancements and the current trading price of SHIB at $0.00000798, there’s a palpable anticipation in the market. Could we see it soar to $0.0001? Only time will tell.

For Further Reading: Shiba Inu Surpasses 10 Million as Shibarium’s Public Restarts and SHIB Price Poised to Skyrocket to $0.00001.

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
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