Shibarium Hits 1 Million Blocks Milestone, Showing BONE’s Utility

Shibarium

Shibarium beta’s “Puppynet” has already passed the crucial 1 million block threshold. Shibarium’s testnet has generated 1,014,430 total blocks, according to PuppyScan.

Since its launch on March 11, the Shibarium testnet has handled 12,836,266 transactions altogether. With 16,033,219, the number of interacting wallet addresses has crossed 16 million. At the time of writing, the typical block time is five seconds.

The newest milestone of 1 million total blocks was celebrated with joy by the Shiba Inu community as it emphasises expanding bone usefulness.

The Shibarium network’s architecture is unique in that it is three-layered in this situation, which makes it particularly noticeable.

The third layer of the Shibarium network’s three-layer design is the Bor layer, which primarily focuses on block manufacturing. The Block Producer implementation, often known as the Bor node, is a side chain operator that supports EVM.

Another crucial element of Shibarium architecture and design is the charge scheme. The Bor layer collects fees from regular transactions in the form of BONE tokens, which it subsequently distributes to block makers.

The primary token for staking and covering petrol costs for Shibarium transactions is BONE. This demonstrates how BONE is useful in the creation of blocks.

Shiba Inu takes step in community protection

In related news, Shiba Inu is going above and above to safeguard the SHIB community against fraud.

An update on “Susbarium,” a Twitter handle used to highlight frauds inside the SHIB ecosystem, was recently released by Lucie, a representative of the Shiba ecosystem, who stated that the account has been changed to Shibarmy Scam Alerts.

Lucie adds that Shibarium Tech Discord channel administrators are now in charge of the Twitter account.

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