Shytoshi Kusama, the principal developer for the Shiba Inu blockchain, declared today that Shibarium, the layer-2 scaling solution, is now operational and “ready for prime time.”
Prior to this revelation, the layer had accumulated over 65,000 wallets and handled 350,000 transactions, according to a blog post by Kusama.
The platform has also witnessed the deployment of a broad range of tokens, from “fun, unusual, to sometimes offensive.”
Kusama acknowledged a team effort and congratulated the Polygon team and several others who contributed to the development of Shibarium, saying that the decision to fork Polygon was the “correct one.”
Following a prior update from Kusama that highlighted continuing optimisations for Shibarium, the news was released.
Additionally, the release detailed the withdrawal procedures for various tokens on Shibarium, pointing out that the system is set up to need a certain length of time for withdrawals to clear—ranging from 45 minutes to 3 hours for most tokens and up to 7 days for the BONE token.
The Shibarium debut has not gone smoothly, as reported by U.Today. The much awaited mainnet launch ran some technical difficulties earlier in the month, with the mainnet RPC falling unavailable and a sizeable quantity of supposedly Ethereum being frozen on its cross-chain bridge. These bugs caused a decrease in the price of Shiba Inus at that time.
The Shiba Inu community has seen a wild ride as a result of the token’s very unpredictable performance and recent “FUD attacks” meant to erode investor faith.
Kusama has spoken out against the “fear, uncertainty, and doubt” surrounding the Shiba Inu project and urged the neighbourhood to put its attention on long-term goals rather than passing market trends.
