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Shiba Inu Team Announces Completion of Shibarium Hard Fork

Published 05/03/2024, 11:20 PM
Updated 05/03/2024, 11:45 PM
Shiba Inu Team Announces Completion of Shibarium Hard Fork
SHIB/USD
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  • Shibarium completed a hard fork at block height 4504576, enabling faster transactions and stable gas fees.
  • The upgrade focused on enhancing Bor and Heimdall components.
  • Shibarium’s trading volumes dipped following the recent hard fork.

The Shiba Inu layer-2 blockchain solution, Shibarium, recently revealed the completion of its hard fork via a post on its X account. The hard fork, which involves upgrading a blockchain network, occurred at block height 4504576 and introduced several new features for Shibarium users.

“#Shibarium has successfully completed its hard fork at block height 4504576! Get ready for: •Blazing-fast transactions! •Predictable gas fees!” Shibarium announced.

Not long ago, the Shiba Inu team noted that a hard fork is necessary to unlock advanced capabilities and improve user interaction on its network. Moreover, this decision to initiate the hard fork was prompted by community feedback.

Usability and performance improvement are primary concerns among users of this widely used layer-2 solution. On this note, the team emphasized that the upgrade will maintain platform affordability and accessibility.

The Shiba Inu team furth…

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