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The Shiba Inu Development Team Is Preparing A Major Shibarium Update

source-logo  cryptonews.net 26 April 2024 14:27, UTC

The Shiba Inu development team has announced that a hard fork is planned on the Shibarium network on May 2. This important update not only aims to improve the user experience, but also strengthens the infrastructure that supports the network’s growing ecosystem. The upcoming changes were explained in a series of detailed posts on social network X and in a lengthy official blog post. The development team described the update as a decisive step in the development of Shibarium, introducing new features aimed at significantly improving the network’s functionality and responding to the needs of the community.

The hard fork will result in several significant changes to the Shibarium network. The main goal of the hard fork is to significantly increase the speed of transaction processing. With the upgrade, the network is expected to provide faster transaction confirmation, which is critical to maintaining the efficiency and competitiveness of the network. In addition, the hard fork aims to regulate and stabilize transaction fees, especially during periods of high network traffic. This adjustment is intended to prevent fee spikes that could prevent users from completing transactions.

By smoothing out these fluctuations, the network will ensure more predictable and fair costs, thereby maintaining affordability for all users. Improved security protocols and more robust infrastructure will ensure the network is protected from vulnerabilities. This update is not just a technical overhaul, but a strategic expansion aimed at improving the overall efficiency and availability of the Shibarium network.

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