Progress is being made in the world of blockchain technology, with the highly anticipated Shibarium Layer-2 release imminent for public release. The Shiba Inu team announced that the platform is running smoothly and only needs to be made public.
The team behind Shibarium (Ethereum layer 2 network) indicated The platform, which is currently in private mode and has been running smoothly during the two-day test, will soon be available to the public.
The Shibarium team claimed in a recent blog postal Funds remain safe and users can look forward to a whole new experience when the platform is open to all. Those who benefited from the update are already celebrating the entry of the bridged BONE token.
Everything is going in the right direction✨ https://t.co/yS8iqbz1ra
— Daniel (@Pasaben101) August 24, 2023
The Shibarium community, known as the Shib Army, has been commenting on X (formerly known as Twitter) reply to development. Satisfied with the progress, the Shibarium team said that after thorough testing and parameter tuning, the network has reached a “ready” state. Although testing is ongoing, the team revealed that blocks have been generated without issue.
Recent updates include increased security measures and monitoring systems. These enhancements include rate limiting at the remote procedure call (RPC) level and an automatic server reset mechanism. These improvements are designed to avoid potential problems caused by sudden traffic surges and ensure users have a stable and reliable experience.
related: Shiba Inu’s Shibarium Network Resumes Block Production After Brief Pause
During the beta phase, the network garnered widespread attention, with over 22 million transactions across millions of wallets in four months. However, the initial rollout was met with challenges. The surge in activity overloaded the network, temporarily halting transactions for several hours. As a result, millions of dollars were trapped in bridge tools, sending Shiba Inu (SHIB) prices down 10%.
The developers then addressed the issues and clarified that the servers were overwhelmed due to an unexpected spike in transaction volume. The network team said that despite the initial challenges, it is now confident that the reopening will be successful.
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