Shiba Inu Lead Dev Announces Shibarium Is Now Public, Any More Hiccups?

Empuriabrava, Spain, June 2021 – Man holding one Shiba token, coin with Shiba symbol, concept of investing in Shiba token

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In its last update, the Shibarium team had promised that the network was almost “ready” to be reopened to the public. And now, recent development suggests the SHIB community doesn’t have to wait any longer as the network is up and running once again.

Shibarium Open To The Public

According to a blog post by Shibarium’s lead developer, Shytoshi Kusama, the network is “live and operating well.” Shibarium had to be temporarily shut down to the public following the massive influx of traffic, which stormed the blockchain upon launch. 

The developers continued to provide updates as to the team’s efforts to scale before it opened to the public once again. Now, this recent development suggests that the network’s capacity has been modified to handle any substantial amount of transactions on the network.

Furthermore, Kusama noted that Shibarium had accumulated over 65,000 wallets and 350,000 transactions before he announced the network going live again. These figures have increased considerably since then. According to data from the block explorer Shibariumscan, there are over 67,000 wallets on the network, with more than 371,000 transactions conducted. 

There had been concerns over the Shibarium bridge when the network initially launched, as a total of $1.7 million was reportedly stuck on the bridge. However, Kusama confirmed that these funds were safe, as previously stated. 

Another Shibarium developer, Kaal Dhairya, had earlier reassured the community that the funds were safe and the bridge only entered into fail-safe mode to protect the funds. He even stated that the team had acquired an insurance cover in case of any issue when the network restarted.

Dhairya also confirmed Shibarium’s restart in a tweet. He likened the network to a “new born baby” that was initially “overwhelmed” by so many visitors but is now fully prepared to handle all of them with “love and care.”

SHIB price falls below $0.000008 | Source: SHIBUSD on Tradingview.com

“FriendSHIB” With Polygon

Kusama also wrote a note of appreciation to the Polygon team, as they played a huge role in kickstarting Shibarium. According to him, Polygon’s co-founder Sandeep Nailwal quickly responded when he and his team reached out to him and provided them with “additional resources” to ensure a “perfect outcome to the situation.”

It is worth mentioning that Shibarium is a fork of the Polygon chain, and as such, it is not surprising that the team reached out to Polygon, considering both chains share similar codes. 

Kusama also thanked the Unification team and the “decentralized Shibarium team” for their efforts. Lastly, he appreciated everyone who ignored the fud and “misinformation posted on multiple news sites recklessly.”

Meanwhile, Dhairya also acknowledged the Polygon team in a tweet stating that the “FriendSHIB” was going to last forever.  

Featured image from iStock, chart from Tradingview.com