Shibarium Hard Fork: The Speed Boost Shiba Inu Needs

• Shibarium Network Successfully Executes a Hard Fork
• Shibarium's Impressive Transaction Handling Capacity
• Shibarium Hard Fork: A Path to Enhanced Capabilities
• Increasing Token Burn Efficiency and Functionality

Shibarium Network Successfully Executes a Hard Fork

The Shibarium network, a key component of Shiba Inu$0.000010 -2.05%'s cryptocurrency infrastructure, has recently completed a hard fork according to an update on Discord by DaVinci. This technical maneuver was primarily aimed at enhancing the efficiency of token burns within the network, affecting not just SHIB but also BONE tokens.

Shibarium's Impressive Transaction Handling Capacity

As specified by Shytoshi Kusama$49.4 -1.55%, Shibarium's layer-2 solution has been instrumental in developing the network's impressive transaction handling capabilities. Currently, Shibarium has been able to manage a staggering 200 transactions per second. Nevertheless, this significant achievement only marks the beginning of the network's potential capabilities.

Shibarium Hard Fork: A Path to Enhanced Capabilities

The forthcoming hard fork, divulged by Shiba Inu developer Kaal Dhairya, is set to propel Shibarium's transaction processing speed to unparalleled heights. Via a tweet, Dhairya noted, Actually, it's 200/sec as per the current block limit for a particular type of transactions, the capacity is substantially higher and will be augmented with the rise in block capacity in the subsequent hard fork.

Increasing Token Burn Efficiency and Functionality

Designed strategically, the hard fork aims not only to improve burns but also to introduce multiple token-burning functionalities within the Shibarium network. This signals a tactical maneuver by the Shiba Inu development team to refine the ecosystem's tokenomics and, in turn, enhance the utility of the ecosystem's tokens.

Edited by Jonathan Stoker