The highly-anticipated public launch of Shibarium, an Ethereum layer-2 network known for effective blockchain solutions, has been turning heads. The Shiba Inu team announced recently that the platform is functioning smoothly and is very close to making its public debut. A post on social media that was warmly received by the Shibarium’s community, known as the Shibarmy, has sparked an outgoing wave of anticipation in the crypto world.
The Shibarium team’s announcement stating that the network is currently live, running in private mode, and on the verge of becoming publicly accessible has added more heat to the crypto realm. It’s worth mentioning that this Ethereum layer-2 network, during its two-day test, reported a smooth operation, which signals a promising outlook once the platform opens up to the world.
However, the road to launch wasn’t all sunshine. The network, during its testing phase, encountered a few bumps. An overwhelming surge of activity overloaded the network causing a temporary halt in transactions, trapping many dollars on a bridge tool and causing a slight decrease in SHIB pricing. This unexpected surge of transactions caused a momentary strain on the servers.
Nevertheless, the Shibarium’s team quickly stepped in to tackle these issues, introducing further safety measures including rate limiting at the Remote Procedure Call (RPC) level, and an automatic server reset mechanism, all designed to avert potential issues stemming from sudden traffic surges.
The enhancements aim to ensure a steady and dependable user experience, given the fact that during its testing phase, the network engaged millions of wallets in over 22 million transactions within four months, indicating massive user interaction.
Despite the initial stumbling blocks, developers and users alike are looking forward to a seamless roll-out owing to the efforts invested in ironing out the issues and enhancing the network’s capacity to handle surge. This optimism is heavily grounded in the team’s assertion that the issues witnessed were primarily due to an unforeseen transaction volume surge.
Thus, while the Shibarium launch promises a boon for the crypto-sphere, the memory of the initial roadblocks serves as a reminder of the delicate balancing act necessary to ensure a smooth ride. Blockchain technology hence continues to be a dynamic field with high promises and equally high challenges, a thrilling journey that holds our rapt attention.