- August 22, 2023
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Following the abrupt halt in operations due to unanticipated high traffic immediately after its mainnet launch, the layer-2 network of Shiba Inu, Shibarium, is reportedly making its way towards a public relaunch tomorrow. The details were revealed in a recent blog post by Shiba Inu’s lead developer, Shytoshi Kusama.
“After two days of testing and tweaking parameters to achieve ‘ready’ state Shibarium is now enhanced and optimized,” Kusama announced, signifying a significant progression in resolving the issues that caused the network to shut down. He confirmed that, while still undergoing testing, the network is “producing blocks.”
To accommodate the heavy influx of traffic that triggered the initial problems, the Shibarium team has integrated advanced safety features. Kusama shared, “we have 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 demonstrate the team’s proactive approach towards future traffic spikes, reinforcing the platform’s commitment to uninterrupted service.
Addressing concerns and criticisms that have surrounded the project, particularly since the unexpected pause in operations, Kusama addressed the community, bluntly stating how to discern genuine feedback from those aiming to spread “fear, uncertainty, and doubt” or FUD. He quoted, “You’ll be able to tell fudders as they constantly switch their complaints as the Fud becomes provably false considering things advancing and changing as we remain agile.”
Shiba Inu: Shibarium Relaunch Tomorrow?
In this context, Kusama emphasized the transparent progress made towards Shibarium’s launch and the project’s broader vision. “For instance, one piece of fud is that Shibarium was never going to come. Kek. Fud ded,” he quipped. Addressing concerns over decentralization, Kusama commented, “This fud is now also laughable as I’ve presented what is, arguably, the most comprehensive decentralization document the world has ever seen.”
Looking forward, the Shiba Inu lead developer unveiled plans for the next steps, which include the addition of more validators and an imminent conclusion to the ongoing tests. “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,” Kusama disclosed.
He further alluded to the development of the “ShibPaper” – a framework aiming to showcase a “working system for governance and management that proves our perpetual decentralized digital nation state is real and here to change the world.”
Despite the temporary setback, the support from the Shiba Army community has been unwavering, as they collectively await the public relaunch of Shibarium. At press time, the SHIB price was trading at pre-Shibarium launch levels.