Shiba Inu Team Makes Major Shibarium Announcement

Published: Apr 25, 2024
Written By:
Vignesh Karunanidhi
Milk Road Writer

Shiba Inu, the second-largest meme coin, has announced a significant upgrade to its Shibarium network. The upcoming hard fork is set to go live on May 2nd.

The team stated in a tweet thread that the upcoming changes aim to improve the user experience, empower the developer and innovator communities, and unlock the platform’s next-level capabilities.

Key points:

  • Shibarium hard fork is scheduled for May 2nd, introducing a suite of new features and improvements.
  • Upgrades aim to deliver quicker block processing times and more predictable transaction fees.
  • The hard fork is also expected to boost the security and consistency of the network, providing a reliable foundation for projects.

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The Shiba Inu team emphasized that the hard fork is not merely a technical shift but a necessary update to deliver new value and simplify engagement with the Shibarium network.

Shiba Inu team announced quicker block processing times 

The team mentioned that the upgrade directly responds to community feedback, aiming to improve platform usability and performance. Additionally, they mentioned that the upgrade will implement quicker block processing times and more predictable transaction fees.

One of the key aspects of the upgrade is smoothing out transaction fee variations during high traffic times. The team expects this change to make costs more predictable and fair for all users.  

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The Shiba Inu team believes that these changes will make Shibarium easier to use, more robust, and more secure, providing users with the best tools to build and innovate. They also expect the upgrade to significantly boost the security and consistency of the network.

In comparison to the hundreds of meme coins on the market, the team behind SHIB has consistently launched numerous developments to ramp up the utility of the coin. Even though the specifics of the upgrade are minimal at this point, this upgade could be a major leap for the Shiba Inu network.

Vignesh Karunanidhi

Vignesh has been a seasoned professional in the crypto space since 2017. He has been writing for over 6 years and specializes in writing and editing various types of crypto content, including news articles, long-form pieces, and blog posts, all focused on sharing the beauty of blockchain and crypto.

Vignesh Karunanidhi
Milk Road Writer
Vignesh has been a seasoned professional in the crypto space since 2017. He has been writing for over 6 years and specializes in writing and editing various types of crypto content, including news articles, long-form pieces, and blog posts, all focused on sharing the beauty of blockchain and crypto.