Shiba

Bitcoin

Security

Shiba Inu

<p>The Shiba Inu Layer 2 ETH blockchain has just completed its hard fork, a major development for the crypto community. This evolution aims to speed up and make transactions on this network more predictable, according to the developers at Shiba. Many are wondering if this advancement could be a game-changer for the memecoin SHIB.</p>
<h2 id="h-shibarium-towards-a-new-chapter">Shibarium: Towards a New Chapter</h2>
<p>The SHIB crypto is indeed going through a tough period, with a <strong>significant decline in its value</strong> that concerns investors. Some even claim that it is <a href="https://www.cointribune.com/en/the-crypto-shiba-inu-on-the-brink-of-a-cliff/" target="_blank" rel="noopener noreferrer nofollow">on the brink of collapse</a>.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>And yet, a shockwave has shaken the cryptographic community with the <a href="https://u.today/shiba-inus-shibarium-completes-its-hard-fork-details" target="_blank" rel="noopener noreferrer nofollow">recent announcement</a> of the <strong>completion of the Shibarium hard fork</strong>, Shiba Inu’s Layer 2 solution. But what exactly is a hard fork? Imagine it as <strong>a fork in the road</strong>, where a path already taken embarks on a new direction, leaving the past behind.</p>
<p>This new hard fork promises <strong>«ultra-fast» transactions</strong> and <strong>«predictable» gas fees</strong>. A revolution in the complex world of blockchain. But what prompted this radical change? Shiba Inu developers have stated that this update was essential to <strong>unlock “higher-level capabilities” on the Shibarium network</strong>. A necessary evolution to simplify engagement through this revolutionary blockchain.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://partner.bybit.com/b/1996342" target="_blank" rel="noopener noreferrer nofollow">Discover the Bybit trading platform</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<p>The <strong>improvement of user-friendliness and performance</strong> was a top priority for Shibarium users. And this transformation aims to make the platform more accessible and secure than ever. But the road to the future is not without its challenges.</p>
<p><strong>Security</strong> has been a major concern during the implementation of the hard fork. Developers have invited users to provide feedback to continuously improve the platform.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://go.primexbt.com/click?pid=8658&amp;offer_id=12&amp;l=1594368336" target="_blank" rel="noopener noreferrer nofollow">Start trading Bitcoin with PRIME XBT</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<p>Speaking of the future, the Shibarium network is about to undergo another major change with the <strong>Bor and Heimdall updates</strong>. These are designed to <strong>significantly strengthen the network</strong>, paving the way for new possibilities.</p>
<h2 id="h-what-are-the-effects-of-the-hard-fork-on-shib-crypto">What Are the Effects of the Hard Fork on SHIB Crypto?</h2>
<p>Predictions are flying high: some analysts see in this evolution <strong>a glimmer of hope for SHIB</strong>. Despite a recent price drop, signs of optimism are emerging, fuelling speculations about <a href="https://www.cointribune.com/crypto-3-raisons-majeures-pour-lesquelles-shiba-inu-shib-pourrait-exploser/" target="_blank" rel="noopener noreferrer nofollow">a possible surge</a>.</p> 
<div class="tradingview-widget-container tradingview--mini-chart">
 <div class="tradingview-widget-container__widget"></div>
 <div class="tradingview--mini-chart--dark">
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:SHIBEUR","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script>
 </div>
 <div class="tradingview--mini-chart--light">
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:SHIBEUR","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script>
 </div>
 <div class="tradingview-widget-copyright"><a href="https://fr.tradingview.com/symbols/SHIBEUR/?exchange=BINANCE" rel="noopener noreferrer nofollow" target="_blank"><span class="text-primary-color">SHIBEUR chart</span></a> by TradingView
 </div>
</div> 
<p>As a reminder, in early April, the price of the Shiba Inu cryptocurrency was hovering around $0.00002867 before plunging to nearly $0.00002126. However, a rebound soon manifested, rising to $0.00002692 before falling back into the uncertainty.</p>
<p>May, historically a favorable month for SHIB, could well see fortunes turning in its favor, with an impressive average return of 99.3%.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="2">
 </div>
</div>

Shibarium: After the hard fork, the boom of the SHIB crypto?

Tabla de contenidos

Cointribune EN

Otros artículos publicados el 3 may 2024

Tether and Chainalysis Collaborate to Enhance Oversight of Illicit Transactions

Ethereum Price Drops Amidst Ethereum Foundation Activity

Coinbase CFO Unfazed by Stock Dip, Cites Strong Q1 Performance

Dogecoin and Surprise Altcoin Beat Bitcoin!

5 Solana Memecoins That Could Skyrocket Over 9,000% and Challenge Shiba Inu and Dogecoin

Meme Coins Surge: PEPE and BONK Show Robust Gains as Market Confidence Soars – Here’s Why

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!