The post Shiba Inu Shibarium Upgrade to Introduce Crucial Features appeared on BitcoinEthereumNews.com.

Shibarium, the Layer-2 scaling solution for the Shiba Inu ecosystem, is set for a major upgrade that will increase its security and scalability. Shiba Inu’s marketing executive Lucie announced that the upgrade would target Puppynet, Shibarium’s testnet. Puppynet to Get Update That Brings Ethereum’s ‘Best Practices to Shibarium’ Puppynet is scheduled for an upgrade on Friday at 2:30 a.m. ET at block 4,697,000. The changes include the Bor upgrade to version 1.3.7-bone-beta and the implementation of the Cancun hard fork. These enhancements aim to improve network performance, security, and overall efficiency, offering users a smoother experience. “This upgrade is for Puppynet and it’s very important for developers! We’re rolling out some awesome changes that will make things run smoother, faster, and safer,” Lucie explained. The upgrade will integrate Ethereum’s core software, Geth, into Shibarium’s testnet, bringing advanced features like faster smart contract execution, improved peer-to-peer networking, and better block propagation. It will also strengthen the network’s proof-of-stake (PoS) bridge, enabling smooth cross-chain asset transfers between Shibarium and other blockchains. Read more: 6 Best Platforms To Buy Shiba Inu (SHIB) in 2024 Additionally, the update will optimize gas fees, making transactions more affordable, and prune historical block data to conserve disk space, keeping Shibarium lightweight as it grows. Security enhancements will include improved error handling, vulnerability patches, and bug fixes to ensure a more secure network. Post-upgrade, users can expect quicker transactions, better security, stable cross-chain transfers, and improved disk management. Lucie highlighted that these updates could boost Shibarium’s adoption, potentially increasing SHIB token burn rates. “To really reduce the supply in a big way, we need millions (even billions) of users! The plan is to build an epic system that brings in tons of people, using SHIBARIUM every day. The more users we have, the more SHIB can be burned, making…

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Filed under: News - @ September 15, 2024 11:19 pm