On August 20th, Shibarium, the team behind the renowned Shiba Inu cryptocurrency, provided a crucial update on their ongoing development efforts. In a recent blog post, the Shibarium team shared insights into the current status of their blockchain and the measures being taken to enhance its performance for a secure public re-launch.
Shytoshi Kusama, the lead developer in the Shiba Inu network, offered an update on the team’s progress, emphasizing the focus on implementing robust security measures and conducting thorough testing on the blockchain. Currently, Shibarium is live but operating in private mode, generating blocks as usual.
To further perfect the security features of Shibarium, the team plans to collaborate with their past partners, affectionately referred to as “old frens,” as early as next week. Kusama mentioned that they will continue scaling and testing in preparation for working with these partners on Monday, paving the way for the chain to be reopened to the public. The developers have also been encouraged to rest and recharge for the upcoming tasks.
This announcement carries significant implications for the Shibarium community and the broader cryptocurrency industry. By enhancing the security and scalability of Shibarium, the team aims to attract more users and solidify the Shiba Inu network’s position as a leading player in the continuously expanding blockchain space.
For the Shibarium community, this news marks a significant milestone in the project’s journey and potential. As the team strives to build a robust and secure platform, the wider crypto community eagerly awaits the future impact of this dynamic platform on the industry landscape.
It is important to note that the information provided in this article is for informational purposes only and does not constitute financial advice. Readers are encouraged to do their own research and consult with a financial advisor before making any investment decisions.
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