Categories: Blockchain

Layer 2 Shibarium’s Public Launch Coming Soon After Successful Private Mode Testing

Key Points:

  • Shibarium’s Ethereum layer-2 network prepares for a seamless public launch with stronger security.
  • Early users welcome bridged BONE tokens, marking a positive start for its new phase.
  • The successful beta testing highlights its DeFi potential, aiming for efficient transactions and user safety through transparent updates.
The highly anticipated launch of Shibarium’s (L2) public version is on the horizon, according to a recent update from the Shibarium team. The Ethereum layer-2 network is set to open its doors to the public, assuring users of a seamless experience with reinforced security measures.
Layer 2 Shibarium's Public Launch Coming Soon After Successful Private Mode Testing 2

As the network prepares for its public debut, early adopters are already celebrating the arrival of bridged BONE tokens, marking a promising start for this new phase.

The team expressed their satisfaction with the progress, affirming that after rigorous testing and parameter adjustments, the network is in a deplorable state. Despite ongoing testing, block production continues without a hitch.

The latest enhancements come from upgraded safety measures and a vigilant monitoring system.

Among these improvements are RPC-level rate limiting and an automatic server reset mechanism specifically designed to mitigate disruptions stemming from sudden spikes in traffic. These updates collectively ensure a stable and dependable user experience.

Shibarium, powered by the Shiba Inu community, successfully resumed block production after a brief pause caused by an influx of traffic.

Having attracted over 22 million wallets during its beta testing phase, Shibarium positions Shiba Inu as a heavyweight in the DeFi realm. With increased throughput and reduced transaction fees lower than Polygon (MATIC), the network aims to elevate the efficiency of decentralized applications (dApps) and transactions.

Technical hurdles arose due to the overwhelming engagement scale, with an astonishing 160 million compute units registered within just 30 minutes post-launch. This extraordinary response underscores the robust influence of the ShibArmy.

Lead developer Shytoshi Kusama assures users of the security of their funds and emphasizes the network’s bridge and chain’s stability.

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.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Bitcoin Spot ETF Outflows Reach Second Highest in History

Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…

27 mins ago

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

3 hours ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

5 hours ago

Crypto PAC Fairshake Continues to Boost 2026 Election With Support from a16z

a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…

6 hours ago

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

9 hours ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

12 hours ago

This website uses cookies.