Shibarium Will Undergo a Hard Fork, Lowering Transaction Fees!

Bittime - Shibarium Network Layer 2 solution, will undergo a hard fork on May 2nd. This network upgrade promises faster, more cost-effective transactions, and is ready to welcome a wave of new users.

What is a Hard Fork?

Before discussing the details of the Shibarium hard fork, let's first understand the concept of hard forks in crypto. A hard fork is a fundamental change to a blockchain protocol, resulting in the creation of a new version of the network. This is like a software update for the entire blockchain, and usually introduces new features, upgrades, or fixes.

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Faster and Economical Transactions

The main goal of the Shibarium hard fork is to bring significant improvements to the network. Here's what users can look forward to:

• Faster Transactions: This hard fork will increase transaction speed significantly. Users will experience improved transaction processing times in the 24 hours after May 2. While Shibarium currently already has a very efficient network, this update will make it even faster.
• Cheaper Fees: Apart from that, users will also be pampered with lower transaction fees which benefits both old and new users.

Keeping Promises to the Community

Shiba Inu is known for its commitment to providing added value to its community, which is often referred to as the "Shib Army". This hard fork is a form of fulfillment of their promise to create a platform that is easy to use and accessible to everyone, by providing a cheaper and faster network. Transactions at Shibarium are even claimed to have low fees, namely only 0.0000219 BONE, around Rp. 0.000016.

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Strategic Steps Towards the Future

More than just providing direct profits, this hard fork is also a strategic step for Shiba Inu's ambitious plans. As the network prepares to welcome billions of new users, Shiba Inu is taking tactical steps towards scalability and efficiency. With faster transactions, lower fees, and a commitment to user satisfaction, Shiba Inu continues to lead innovation in the crypto industry.  

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How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Shiba Inu Intensifies Token Burning, But Shibarium Transaction Activity Decreases

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.