ShibariumNetworkLayer2 solution aimed at addressing Ethereum scalability issues has recently achieved an important milestone and attracted the attention of investors. According to ShibariumScan data, the network has reached 1 million blocks, which reflectsSHIBBoth BONE and BONE have taken a big step forward
ShibariumNetworkLayer2 solution aimed at addressing Ethereum scalability issues has recently achieved an important milestone and attracted the attention of investors. According to ShibariumScan data, the network has reached 1 million blocks, which reflectsSHIBBoth BONE and BONE have taken a big step forward. In addition, it highlights the growing demand for efficient and scalable solutions.
A Challenge Journey to the Shibarium Milestone
Shibarium networkThe process of reaching one million confirmed blocks is not as easy as people imagine. Shortly after its launch, Shibarium faced issues with Ethereum bridging and block production. These issues are mainly due to an unexpected surge in demand, resulting in high traffic in individual blocks and preventing the network from functioning properly.
After encountering these issues, the Shibarium team quickly took action to solve them one by one. After several weeks of intense work, the second layer network has been successfully repaired, achieving an extraordinary milestone of confirming 1 million blocks, with an average block out time of only 5 seconds, which is impressive.
The story of Shibarium is closely related to Ethereum's mission to address scalability issues. As the second largest cryptocurrency by market value,ETHDeFi
As a second tier solution, Shibarium aims to leverage existingEthereum blockchainProvide more efficient and scalable alternative solutions. This approach makes it an attractive solution by focusing on faster transactions and lower costs, helping to overcome obstacles on the Ethereum road.
In addition, the challenges Shibarium faces are not uncommon for developers in the blockchain world. Many projects encounter similar obstacles and problems during the development and growth stages. With the full support of the SHIB community, Shibarium has proven its ability to overcome all these challenges and become even stronger. In addition, the total number of transactions for Shibarium has reached 3.34 million, and the number of wallet addresses has exceeded 1.25 million.
Will the development of the situation affect the prices of SHIB and BONE?
The recent success of this ecosystem has confirmed the smooth operation of the Shibarium network, and the previous issues have been basically resolved. In addition, the increase in transactions and wallet addresses reflects the growing demand and usage within the ecosystem.
Therefore, SHIB andBONEThe emergence of counterfeit tokens can benefit from the effective operation and expansion of Shibarium. Especially, BONE is often directly affected by this expansion, as it is the currency used to pay gas fees online. As more and more investors join the ecosystem, it is expected that the demand for BONE in the open market will increase.
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