Shibarium wallets surpass 100K after SHIB devs relaunch bridge
1 min readShibarium, a new layer-2 blockchain for Shiba Inu
At the time of the outage, Kusama blamed the “MASSIVE influx of transitions and users” when it went live, and later said it found a case where “thousands upon thousands of contract creation and normal transactions” in one block — which led it going into fail-safe mode.
It is estimated that about $2.5 million in funds were stuck on the bridge at the time.
Shibarium is like a new born baby who got overwhelmed by so many excited family members coming to greet meet them, this time around they’re ready but please do handle it with love and care https://t.co/vbsMtILsBa
— Kaal (@kaaldhairya) August 28, 2023
In the days following, the Shibarium team claimed to have scaled the server infrastructure by 1500% to better manage congestion on-chain.
Shibarium is an Ethereum layer-2 network which utilizes SHIB for gas fees. The project focused on building gaming and metaverse applications on the platform.
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