Shibarium, Shiba Inu’s layer 2 solution, has finished is a hard fork, according to a recent announcement.
Shibarium, Shiba Inu’s layer 2 solution, has finished is a hard fork, according to a recent announcement.
The new hard fork is supposed to result in “incredibly fast” transactions, as well as “predictable” gas fees.
A hard fork refers to a major software update that splits a given blockchain network into two separate chains. It is intended to implement breaking changes that are not backward compatible.
Last month, the Shiba Inu team stated that the hard fork was necessary to unlock “next-level capabilities” on the Shiba Inu network. The transformative upgrade was necessary to deliver new value and simplify engagement with the help of the Shibarium blockchain.
The hard fork is supposed to be the Shiba Inu developers’ response to community requests. Improving usability and performance were top of mind for users of the popular Layer 2 solution.
According to the Shiba Inu team, the new update is supposed to ensure the platform remains “affordable and accessible.”
Security was also one of the main issues during the hard fork implementation. The long-awaited update is supposed to make the platform much more secure and robust.
The developers have asked users to provide feedback on the new hard fork as it is crucial to fix some potential issues. “As we implement these updates, your insights and participation will help shape the continued evolution of Shibarium,” the team stated.
Shiba Inu (SHIB) price is up 6.2% in the last 24 hours, according to CoinGecko data.