Shiba Inu On The Edge As Investors Await Shibarium Rebirth
Contrary to their expectations, the new Ethereum Layer 2 protocol ran into headwinds a few hours after the launch, raising questions about the security of the network. As reported, the hiccups forced the team to take the Shibarium network offline, before bringing it back online, although in private mode. advertisement According to an update issued by the SHIB ecosystem’s lead developer Shytoshi Kusama on Sunday, the team is taking the opportunity to focus on enhancing security while conducting “deep testing on the blockchain.” “We will continue scaling and testing in anticipation of working with our new (yet old) frens on Monday, ahead of re-opening the chain to the public. I’ve asked the devs all to rest tonight/today so everyone is refreshed,” Kusama said via a blog post update. Shiba Inu Sell-Off Intensifies Investors in SHIB are anxiously watching as declines wipe out their holdings due to the embattled Shibarium launch. ...