The milestones were attained in less than a week since Kusama introduced the Shibarium public testnet.
Puppyscan is the dedicated block explorer for the Shibarium Puppynet solution. Much like Etherscan, the platform provides analytics that helps users explore the Puppynet chain and monitor network activity. This allows for proper surveillance of the testnet to gain insight into its performance.
Recall that Kusama introduced the early beta test of the Shibarium network, which he dubbed Puppynet, on Saturday. The test phase allows the community to test the functionality of the network to identify any bugs or issues for rectification before the launch of the mainnet.
Puppynet On-Chain Data
Shiba Inu’s Puppynet has successfully processed 2,163 total transactions since its inception, with up to 388,462 total blocks as of press time. These impressive heights were reached in less than a week since Shytoshi Kusama, Shiba Inu’s lead developer, unveiled the test network. According to data from Puppyscan, daily transactions on the network currently sit at 541, with total wallet addresses hitting a high of 1,382 at the time of reporting. Moreover, the average block time remains 5 seconds despite the growing cluster of transactions.
The beta test is open to the public and can be accessed by anybody through the official Shibarium site. Notwithstanding, Kusama has warned that Puppynet is intended only for testing purposes and tokens on the network are not real. Investors are advised not to buy anything or use their real assets for activities on the network.
Moreover, Kusama revealed that the amount of Shiba Inu tokens burned by the network would depend on the transactions carried out on it. He disclosed that Shiba Inu developers would put up a chart to track burned SHIB on the burn portal as part of the beta testing phase. The beta test is expected to run for a few months.
Being the brainchild of Ryoshi, Shiba Inu’s anonymous founder, Shibarium aims to provide faster and cheaper transactions for the Shiba Inu ecosystem while improving scalability and reducing congestion on the Ethereum network. The layer-2 solution can also be leveraged for dApp building and real-life business integrations. It also promises to burn SHIB tokens.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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