Home > Information news > Shiba Inu's Shibarium Completes Its Hard Fork: Details

Shiba Inu's Shibarium Completes Its Hard Fork: Details

Release: 2024/05/04 19:01 Reading: 393

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/66347e7df3eb6065af553eaa

Shiba Inu's Shibarium Completes Its Hard Fork: Details

Cover image via U.Today

Shibarium, Shiba Inu's layer-2 solution, has successfully completed its hard fork, as per a recent announcement.

This significant software upgrade aims to introduce "blazing-fast" transactions and "predictable" gas fees. A hard fork entails a major blockchain network split into two separate chains to implement substantial, non-backward-compatible changes.

In the preceding month, the Shiba Inu team emphasized the necessity of the hard fork to unlock "next-level capabilities" for the Shiba Inu network. This transformative upgrade is crucial for delivering enhanced value and simplifying engagement through the Shibarium blockchain.

The hard fork is a direct response to community requests, with usability and performance enhancements being paramount for users of this popular layer-2 solution.

According to the Shiba Inu team, this latest upgrade ensures that the platform remains "affordable and accessible" for users.

Security was also a primary concern during the hard fork implementation. The anticipated upgrade significantly enhances the platform's security and robustness.

The developers have actively engaged users to gather feedback on the new hard fork, which is essential for addressing potential issues. "As we roll out these updates, your insights and engagement will help shape the ongoing evolution of Shibarium," stated the team.

Over the past 24 hours, the price of Shiba Inu (SHIB) has experienced a 6.2% increase, as reported by CoinGecko data.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.