Shiba Inu’s (SHIB) new layer-2 scaling solution will soon reopen to the public after experiencing technical difficulties last week, according to Shytoshi Kusama, the project’s pseudonymous lead developer.
In a new blog post, Kusama says that testing and tweaks of Shibarium have been going well to prevent the network issues that forced its closure after launching.
Explains the developer,
“After two days of testing and tweaking parameters to achieve ‘ready’ state, Shibarium is now enhanced and optimized. As mentioned it is still in testing, but producing blocks.
Moreover, we have enabled a new monitoring system and additional fail-safes including rate limiting at the RPC (remote procedure call) level and auto server reset in case we get a huge level of traffic again.
We are almost ready to reopen to the public.”
He says that the Shibarium project is welcoming more network validators to the ecosystem on August 23rd in preparation for the public reopening.
“Tomorrow additional validators will go live, giving even more options for you to stake your BONE for a share of the rewards earned for these two roles in our society. Testing will wrap up, and we will prepare for public consumption once again.”
Shibarium’s technical difficulties were blamed on a “massive influx” of users and transactions during its release.
SHIB is trading for $0.00000798 at time of writing and is up 0.4% in the past 24 hours.Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney