Lucie, a member of the Shiba Inu team, recently provided an intriguing update on Shibarium. Lucie revealed that more than 19 million BONE have been allocated on Shibarium in a recent X (previously Twitter) post. She posted a screenshot showing that Shibarium’s total stake is 19,091,687 BONE.
According to Shibarium documentation, stakers receive rewards for assisting with ledger validation. They do this by giving validator nodes access to their stake. They replay the ledger and send votes to a per-node voting account that stakers can designate with their stakes.
By definition, validators operate a full node and protect the network by staking BONE to create blocks, validate transactions, and take part in PoS consensus.
Shibarium is presently operational after being relaunched. Shibarium is like a new-born baby who got overwhelmed by so many eager family members coming to see them; this time around they’re ready, but please do handle it with love and care, tweeted Shiba Inu creator Kaal Dhairya in response to this most recent development.
Shibarium hits big milestone
Shibarium is live and functioning properly, according to a final report on Shibarium scaling from Shiba Inu head Shytoshi Kusama. Shibarium has already handled 350,000 transactions and reached over 65,000 wallets, he continued, prior to the announcement.
Shibarium has also been used to launch a wide range of platforms and hundreds of different tokens.
Kusama said that the money is still secure, as he had already mentioned. Shibarium is now prepared for prime time, according to him, and channels will reopen as a result.
Shibariumscan reports the following Shibarium metrics as of right now: There have been a total of 369,695 transactions on Shibarium. Additionally, there are now 66,958 wallet addresses on the Layer 2 blockchain.
Shibarium’s mainnet now has 330,000 total blocks, which is another significant milestone for the protocol. At this time, there are 333,430 blocks overall, with an average block duration of 5.1 seconds.
