- Shiba Inu’s Layer-2 solution, Shibarium, has officially completed its highly anticipated hard-fork.
- The new hard fork is expected to bring about “very fast” transactions and “predictable” gas fees.
- This transformative upgrade was necessary to unlock the “next level capabilities” in the meme coin, simplify interaction, and offer new value with the help of the Shibarium blockchain.
Shiba Inu’s Layer-2 solution, Shibarium, has completed its hard-fork, promising faster transactions and predictable gas fees, marking a significant step in the meme coin’s evolution.
Shibarium Completes Hard Fork
Shibarium, the Layer-2 solution of Shiba Inu, has announced the completion of its long-awaited hard-fork. A hard fork signifies a major software upgrade that splits a specific blockchain network into two separate chains. It involves the implementation of significant changes that are not backward compatible.
Unlocking Next Level Capabilities
Last month, the Shiba Inu team stated that a hard fork was necessary to unlock the “next level capabilities” in the meme coin. This transformative upgrade was necessary to offer new value and simplify interaction with the help of the Shibarium blockchain. The hard fork is expected to be a response to community demands by the Shiba Inu developers. Improving usability and performance were the most crucial issues for the users of the popular Layer-2 solution.
Ensuring Affordability and Accessibility
According to the Shiba Inu team, the new upgrade should ensure that the platform remains “affordable and accessible”. Security was also a major issue during the implementation of the hard fork. The eagerly awaited upgrade is expected to make the platform much more secure and robust.
Invitation for Feedback
The developers invited users to provide feedback on the new hard fork, stating that it is crucial to rectify potential issues. The team said, “As we roll out these updates, your feedback and participation will help shape the ongoing development of Shibarium.” According to CoinGecko data reported by CoinOtag, the price of Shiba Inu increased by 6.2% in the last 24 hours.
Conclusion
The completion of Shibarium’s hard fork marks a significant milestone in the evolution of Shiba Inu. By promising faster transactions, predictable gas fees, and improved security, the upgrade is poised to enhance the user experience and potentially drive further adoption of the popular meme coin.
