Unification

Shiba Inu

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
</figure> 
Ringoshi Tōitsu, an operator of Unification Fund and one of its validators, has spread the word on X that the <a href="https://u.today/shib-army-burns-close-to-100-million-shib-despite-massive-price-crash" rel="noopener noreferrer nofollow">Shibarium</a> mainnet has been restored, and blocks are being minted on it again. 
He pointed out that the main work removing all the bugs and solving technical issues was done thanks to the Unification and <a href="https://u.today/shiba-inus-bone-surges-8-today-after-key-shibarium-update" rel="noopener noreferrer nofollow">Shiba Inu</a> teams. 
The Shibarium explorer shows that so far there have been 208 transactions performed on the Shibarium mainnet; 190,395 blocks minted (at the pace of 4.3 minutes per block) and 1,059 wallet addresses connected to it. 
<blockquote class="twitter-tweet"> 
 🚨 Attention <a href="https://twitter.com/hashtag/ShibArmy?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ShibArmy</a> 🚨Blocks are being produced and <a href="https://twitter.com/hashtag/Shibarium?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Shibarium</a> is back online!Thank you <a href="https://twitter.com/UnificationUND?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@UnificationUND</a>, <a href="https://twitter.com/Shibtoken?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Shibtoken</a>, &amp; anyone else who helped!👉🏻 <a href="https://t.co/f2S6fFLMHG" rel="noopener noreferrer nofollow">https://t.co/f2S6fFLMHG</a> <a href="https://t.co/hwva1G1uG7" rel="noopener noreferrer nofollow">pic.twitter.com/hwva1G1uG7</a>— Ringoshi Tōitsu (@RingoshiToitsu) <a href="https://twitter.com/RingoshiToitsu/status/1692410465345831408?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 18, 2023</a> 
</blockquote> 
In the meantime, Puppynet, the testnet of Shibarium, continues to operate as well, according to <a href="https://puppyscan.shib.io/" rel="noopener noreferrer nofollow">Puppyscan</a>. 
As reported by U.Today earlier, Shibarium faced massive traffic halt upon launch. Today, major developer Kaal Dhairya revealed the main reason for this: the mainnet faced a massive inflow of users, which was too much even by the expectations of the <a href="https://u.today/shiba-inu-shib-momentarily-lost-all-of-augusts-gains" rel="noopener noreferrer nofollow">Shiba Inu team</a>. 
There were too many contracts created and transactions made within a single block, Dhairya stated. 
He wrote that the Unification and SHIB team spent hours solving this issue with the help of "some powerful frens," who he would name later on if they permit. Multiple plans of action have been identified. 
A new blog post with another update on how things are going with Shibarium is expected tomorrow, Aug. 19.

Shibarium Back Online, Block Minting Begins: Report

U_Today

Other articles published on Aug 18, 2023

What is Chapter 11 bankruptcy? Understand the basics

OpenSea’s Operator Filter Sunset: A Shift in NFT Royalties Landscape

Which Stablecoins are regulated | Unraveling the Regulatory Landscape of Stablecoins

CME Group Expands Crypto Reference Rates to Asian Markets

Samourai Wallet claims Wasabi Wallet is on ‘psyop’

Alphabet Inc (GOOGL) Stock: Will Gemini Release Boost the Price?

Join our free newsletter for daily crypto updates!