Bittime - Shiba Inu (SHIB) is planning a major upgrade ( hardfork ) to Shibarium, their Layer-2 scaling solution. This improvement is scheduled for release on May 2.
They will also introduce several important features to improve user experience on the network. This hardfork is expected to empower the SHIB developer and innovator community.
The Shibarium development team believes that this hardfork is important for unlocking new capabilities and functionality on its network. "This isn't just a technical change; it's about providing new value and simplifying the use of Shibarium," wrote Shiba Inu on its official page.
Influence on the Shiba Inu Ecosystem
Specifically, Shibarium improvements are designed to speed up block processing and make transaction fees more predictable. This is a direct response to community input to improve platform usability and performance.
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Additionally, the Shibarium upgrade will also address the issue of transaction fee fluctuations during peak hours. They want to make fees more predictable and fair for all users. This will contribute to ensuring the platform remains affordable and accessible.
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The Shiba Inu ecosystem is gearing up for a major upgrade
On the other hand, Shiba Inu also announced development plans for the Shibarium ecosystem as a whole.
Some of the most anticipated updates include the launch of ShibaSwap versions 1.75 and 2.0, as well as the launch of Shiba Hub, which will serve as an information hub and community forum.
The Shiba Inu ecosystem is also preparing for the launch of its new token, TREAT. The token is expected to play an important role as a reward for users staking SHIB and as a governance token for upcoming Layer-3 blockchain solutions.
Gaming fans will certainly be excited to hear about plans to launch a play-to-earn (P2E) version of Shiba Eternity, the Shiba Inu ecosystem's collectible card game (CCG), in 2024/2025.
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In addition, fans of the metaverse world can also look forward to the launch of Shiba Inu's metaverse project, SHIB: The Metaverse, in the same period.
Also read: Shiba Inu: Price increase driven by burn rate, new listings and Shibarium
Additionally, Shiba Inu is also developing their own Layer-3 (L3) blockchain, having just raised $12 million in an investment round. The privacy-focused L3 blockchain is expected to launch on Shibarium, with its testnet set to launch in Q3 2024.
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How to Buy Shiba Inu (SHIB) on Bittime
You can buy and sell Shiba Inu (SHIB) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Shiba Inu (SHIB) is available on Bittime with the market pair SHIB/IDR . To be able to buy SHIB IDR at 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 the complete guide on how to buy Shiba Inu (SHIB) on Bittime .
Monitor price chart movements of Shiba Inu (SHIB), 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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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.
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