Crypto:
30443
Bitcoin:
$60.914
% 0.97
BTC Dominance:
%52.9
% 0.03
Market Cap:
$2.24 T
% 2.03
Fear & Greed:
47 / 100
Bitcoin:
$ 60.914
BTC Dominance:
% 52.9
Market Cap:
$2.24 T

The Future of Shiba: Exploring the Completed Hard Fork

Shiba

It has been reported that the hard fork of the Shibarium, the layer-2 solution for Shiba Inu, has been completed.

The next hard fork will supposedly bring in “blazing-fast” transactions and “predictable” gas prices.

A hard fork is an alterations to software upon which a blockchain network becomes divided into two new chains. The intended use of it is to bring about quality changes that cannot be compatible with the previous editions.

Last month, the team that is behind the project of the Shiba Inu network stated that a hard fork is needed so that “next-level capabilities” are achieved. The revolutionary upgrade was required to add more value and facilitate easier interaction with the Shibarium blockchain.

According to the Shiba Inu development team, they listen to the community and implement their suggestions with a hard fork. Most of the users of the prominent layer-2 solution were interested in improving it so that it would be more user- and performance-friendly.

According to the Shiba Inu Team, the newest update will keep the platform “cheap and available.”.

Throughout the hard fork deployment, the most significant issue was security. As one would have expected, the long-awaited update was expected to greatly fortify and make the system safe.

Considering the significance of the new hard fork in curing probable problems, the developers have asked for user opinion. The group states, “As we release these updates, your thoughts and participation will define the continuous development of Shibarium.”.

Rate this post
READ:  SHIB Price Surges as Executives Make Moves – Here's What's Happening

Leave a Reply

Your email address will not be published. Required fields are marked *