News

Shibarium Unveils Cutting-edge Surveillance for Reopening

Key Points:

  • Shibarium achieves major upgrade after rigorous testing and parameter adjustments.
  • Enhanced monitoring systems and redundancy protections now active, ensuring network stability even during heavy traffic spikes.
  • Public reopening imminent as additional validators go live, offering users more rewards through BONE staking. Beta version concludes, signaling enhanced functionality and user experience.
Shibarium has taken a significant stride forward in its development.

In a recent announcement, the Shibarium team revealed the culmination of two days of rigorous testing and parameter adjustments to achieve a state of readiness. The network’s upgrade and optimization procedures have been successfully executed, marking a crucial advancement in its beta phase.

While Shibarium is still in its beta stage, the most noteworthy aspect of this update is the initiation of block production. This signals a pivotal moment as the network edges closer to a fully functional state, poised to cater to the needs of its user base. The team has also introduced a host of enhanced monitoring capabilities and bolstered redundancy measures. Among these additions are RPC-level rate limiting and automated server resets. These provisions have been strategically implemented to counteract any potential disruptions caused by sudden spikes in traffic, ensuring the network’s stability and resilience.

The recent surge in heavy traffic, which necessitated the shutdown of Shibarium for fund safety, underscored the imperative need for such measures. With the newly integrated safeguards, the network is primed to effectively handle variations in user activity while maintaining a seamless user experience.

Shibarium is on the cusp of reopening its doors to the public. The network is scheduled to introduce additional validators tomorrow, enhancing user options for staking BONE and participating in reward sharing. This development marks the approaching end of the Beta version, paving the way for Shibarium’s resurgence as a platform that is both reliable and feature-rich for its users.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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