Shibarium, the layer 2 scaling solution of Shiba Inu, has been developed since last summer, going a long way. The number of transactions exceeded 400 million, and the number of blocks is close to 4.5 million.
Despite all these advancements, the functionality is still lacking some crucial updates. X moniker LUCIE, the marketing strategist at Shibarium, has laid out the priorities with the expansion of the ShibaSwap DeFi platform and the Shiba Hub app.
Shiba Eternity, a mobile game in the SHIB ecosystem, will get more attention as well, and the TVAT token, a governance asset of the upcoming layer-3 blockchain, will begin operating.
In conclusion, the team will analyze K9 Finance, which is a derivative staking platform on the Shibarium network, allowing people to stake BONE tokens.
“Networking issues amongst the validators” caused a brief outage in the L2 blockchain solution not long ago. Nevertheless, the developer of SHIB, Kaal Dhairya, disclosed that the problem was promptly fixed:
“Network is back up and running now, some services like Shibariumscan or external RPCs can still remain down until the steps provided are implemented. If you’re an external team working on infrastructure level for Shibarium ( e.g. RPC etc ) please reach out so that we can streamline comms with you over shared telegram / slack channels.”
In contrast to the temporary setback, Shibarium unveiled an improved user interface (UI) that is “faster, smoother, and more accessible than ever.” Popular self-custody wallets including as MetaMask, Coinbase Wallet, and Trust Wallet are now compatible with the update, according to the developers.