Shiba Inu developers planning Shibarium relaunch

August 22, 2023 08:45 PM AEST | By Invezz
 Shiba Inu developers planning Shibarium relaunch
Image source: Invezz

Days after a much-anticipated network debut was derailed by network problems and a defective bridge, Shiba Inu developers are gradually moving towards a Shibarium network reopening by analyzing validator data and transactions.

The project’s principal Shiba Inu creator, who goes by the pseudonym Shytoshi Kusama, stated in a post early on Tuesday that the network was “almost ready to reopen to the public” and that there were safeguards in place to avoid a repeat of the outage. According to Kusama, Shibarium has been improved and adjusted after two days of testing and adjusting parameters to reach the “ready” stage.  He said that as mentioned, Shibarium is still in testing, although it is producing blocks.

Addressing Shibarium’s challenges

The Shibarium team has incorporated cutting-edge safety features to handle the significant increase of traffic that caused the previous issues. According to Kusama, the team has enabled a new monitoring system and additional “fail safes including rate limiting at the RPC level and auto server reset in case we get a huge level of traffic again.” These integrations support the platform’s dedication to uninterruptible service by displaying the team’s proactive response to potential traffic peaks.

Kusama addressed the community, addressing worries and critiques that have surrounding the project, particularly since the unanticipated suspension in operations, and frankly stated how to distinguish sincere comments from those intended to promote “fear, uncertainty, and doubt” or FUD. According to him, “You’ll be able to recognize fudders as they switch their concerns.

When will the Shibarium relaunch?

The Shiba Inu lead developer revealed a number of actions, which include the installation of additional validators and a quick conclusion to the ongoing tests.

In order to provide more opportunities for staking BONE tokens, more validators will go live tomorrow, according to Kusama.

Kusama also made mention of the creation of the “ShibPaper” framework, which aims to demonstrate a “working system for governance and management that proves our perpetual decentralized digital nation state is real and here to change the world.”

The post Shiba Inu developers planning Shibarium relaunch appeared first on Invezz.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.