Popular cryptocurrency Shiba Inu, It will carry out a hardfork for the Layer-2 solution Shibarium, which will become active on May 2. announced. This development aims to improve the protocol by offering advanced functions aimed at increasing the usability and performance of the platform.
The upgrade promises to streamline various key processes by increasing block processing speeds and ensuring transaction fee predictability. Such improvements are extremely important to encourage users to participate in the platform and reduce concerns about fee changes during periods of high network demand. The changes ahead ShibariumIt is expected to make it more accessible and affordable for users.
2/ Consider a hard fork as a necessary update to unlock next-level capabilities in our network.
This isn’t just a technical shift; it’s about delivering new value and simplifying engagement with Shibarium.
NEWS CONTINUES BELOW— Shib (@Shibtoken) April 25, 2024
Increasing Security and Operational Efficiency
As we reported as Koinfinans.com, the SHIB team, crypto- stands out with unique applications integrated into Shibarium to maintain their leading position in the field. These practices increase the transparency of the SHIB burning system, providing a critical factor for the long-term sustainability of the token value.
Additionally, the security upgrades included in the hardfork aim to increase trust and confidence among users by creating a more secure and robust network. These security and efficiency-focused improvements support Shibarium’s development as a reliable and leading blockchain technology.
As news of the Shibarium hardfork spread, the Shiba Inu community responded positively with a 2% increase in the price of SHIB in the last 24 hours. The improvements made with this hardfork aim to position Shibarium as a more efficient, secure and user-friendly platform, thereby strengthening its role in the broader blockchain ecosystem.
