Ethereum

Shiba Inu

YOUR AI

REAL

<div class="watcher-guru"> 
 <p>The Shiba Inu [SHIB] ecosystem has been prepping for the introduction of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>. In anticipation of the official mainnet launch, the network, and community have been testing various additional <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a>. Lucie Sasnikova from the Shiba Inu team recently disclosed that the cross-chain bridge, an integral part of the layer-2 scaling protocol <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>, is now available for public testing.</p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
    <p lang="en" dir="ltr">🔥 <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> Beta Bridge has gone live for public testing! 🎉 <br><br>Be among the first to try out this revolutionary cross-chain solution. <br><br>Remember, always exercise caution and verify authenticity before connecting your wallet to any website. <br><br>PLEASE DO NOT USE YOUR REAL ASSETS!… pic.twitter.com/7yfhX8gQc6</p>— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 26, 2023 
   </blockquote> 
  </div> 
 </figure> 
 <p>Several members of the community affirmed that the “bridge is up” after running their own tests. The cross-chain bridge feature, incorporating <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>’s Proof of Stake [PoS] and Ethereum sidechains, was initially disclosed in the documentation of the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> network. This bridge is anticipated to provide swifter transaction speeds and cost-effective transfers. It will do so by leveraging Ethereum’s sidechains to carry out transactions. Additionally, the cross-chain bridge will also rely on PoS security to facilitate bi-directional transactions between <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> and Ethereum.</p> 
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828227"></div> 
  </div> 
 </div> 
 <p>Furthermore, the implementation ensures a seamless transfer of tokens between the two networks without any involvement of third-party risks. It also ensures continuous liquidity across the platforms, making it an efficient scaling solution. Therefore, this bridge is a pertinent development for the Shiba Inu ecosystem. </p> 
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div id="primisContainer" class="add"></div> 
 </div> 
 <p><strong>Also Read: Is a <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>-Ethereum Bridge in Development For Users?</strong></p> 
 <h4 class="wp-block-heading" id="h-is-shibarium-testnet-losing-fervor">Is Shibarium Testnet losing fervor?</h4> 
 <p>Earlier this month, Shibarium’s native testnet, Puppynet, reached a notable milestone by surpassing 30 million total transactions on the network. Although the total transactions on the network have been increasing, the number of daily transactions has started to decline. As of now, the total transaction value stands at 32,783,866, while the daily transactions amount to 252,631. Although enthusiasm for the project remains relatively high, any additional postponements in the launch of Shibarium could have negative consequences. The Shibarium’s mainnet release is speculated to take place in August. </p> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" width="1024" height="442" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-103754 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp.webp 300w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp.webp 768w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp.webp 380w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp.webp 550w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp.webp 800w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 1062w" data-srcset-img="https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 1024w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 300w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 768w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 380w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 550w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 800w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 1062w" data-eio="j"> 
  <noscript> 
   <img decoding="async" width="1024" height="442" src="https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp" alt="" class="wp-image-103754" srcset="https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 1024w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 300w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 768w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 380w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 550w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 800w, https://cdn.thebittimes.com/images/2023/07/27/49cd150bb2a5f0e533ca5e16d2da1ca8.webp 1062w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  </noscript> 
  <figcaption class="wp-element-caption">
    Source 
  </figcaption> 
 </figure> 
 <p><strong>Also Read: Shiba Inu Attains New ’30 Million’ Record</strong></p> 
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828233"></div> 
  </div> 
 </div> 
</div> 
<div class="cs-entry__tags"> 
 <ul> 
  <li>crypto</li> 
  <li>cryptocurrency</li> 
  <li>shib</li> 
  <li>shiba inu</li> 
  <li>Shibarium</li> 
 </ul> 
</div>

Shiba Inu's Shibarium Cross-Chain Bridge Open for Public Testing

TheBitTimes

Другие статьи, опубликованные 1 авг. 2023 г.

Boeing Stock Price Prediction: BA Stock Gains 15% After Results?

BONE Token Anticipates Explosive Growth Amidst Shibarium Launch, Welcomes True Decentralization

Tether mints billions, InQubeta presale nears $2 million on rising demand

Coinbase CEO Reveals SEC Demanded Delisting of All Cryptocurrencies, With One Exception

Bitcoin Gold Price Prediction: Will BTG Crypto Regain $30 Mark?

GameStop To Discontinue Crypto Wallet Operations; Here's Why

Join our free newsletter for daily crypto updates!