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HomeCrypto NewsMarketShiba Inu Team Officially Announces Shibarium Now Available for Public Use

Shiba Inu Team Officially Announces Shibarium Now Available for Public Use


In an update today, the Shiba Inu development team announced that Shibarium is now live and running with optimal performance.

This update comes on the heels of the layer-two scaling solution entering a developer-only mode after encountering hiccups on its debut.

In the recent notification, the Shiba Inu leader developer, Shytoshi Kusama, elaborated on the state of Shibarium.

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Shibarium Fit for Prime Time Use

In the blog post, Kusama noted that Shibarium is now fit for mainstream utilization. Accordingly, the development team is reopening all previously locked channels. He also noted the team has successfully established the safety and security of funds.

As a motivation to the community, the developer cited a quote from Ryoshi, Shiba Inu’s anonymous founder. Ryoshi noted:

“Those who build in the bear market, will win in the bull market.”

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Meanwhile, Kusama revealed that Shibarium amassed over 65,000 wallets with more than 350k transactions. He mentioned these figures were before the announcement of Shibarium going live.

Furthermore, Kusama highlighted that the Shiba Inu team saw the community engaging with Shibarium in a variety of fun ways. However, according to him, people occasionally deploy thousands of controversial tokens using Shibarium and other platforms. 

Yet, among the myriad of tokens, the Shiba Inu team hopes to see which ones would rise to prominence. In Kusama’s words:

“We’ve see a variety of fun, unusual, and sometimes offensive tokens deployed on Shibarium alongside a variety of platforms. Within these thousands of tokens, we will see which will rise to the top.”

Shiba Inu Bridge Withdrawal 

Concerning the withdrawal time from the Shiba Inu bridge, the developer confirmed that it is working as intended. 

He highlighted that withdrawing Leash, WEth, and SHIB takes 45 minutes to three hours. However, BONE withdrawal takes up to seven days.

Kusama Appreciates the Polygon Team

The Shiba Inu lead developer gave special appreciation to the Polygon (MATIC) development team. He particularly cited Sandeep Nailwal, Polygon’s co-founder. He recounted the pivotal role Nailwal played in assisting while Shibarium encountered the unexpected hurdles.

The statement read in parts:

“I called Sandeep from Polygon directly and without a second thought, he helped provide additional resources to ensure a perfect outcome to the situation.”

Furthermore, he appreciated other dignitaries from the Unification team as well as the Shibarium team.

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.



Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a blockchain writer with a specific interest in journalistic writing. He covers breaking events in the crypto community and blockchain industry. Over the past year, he has published over 1,500 short-form and long-form content for Web3 publishing firms.

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