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Shibarium Mainnet Team Addresses Technical Issues

Shibarium team clarifies technical concerns following the mainnet launch, denying asset loss rumors.
Published on 2023-08-18

Shibarium Mainnet Launch Challenges

The team behind the Shibarium mainnet recently addressed concerns about the platform's launch. Rumors circulated within the crypto community suggesting issues with the bridge and potential asset losses. However, the team refuted these claims, emphasizing that circulating screenshots were false.

High Traffic Impact

The Shibarium mainnet, an Ethereum layer-2 scaling solution, faced technical difficulties shortly after its release. The challenges were attributed to a significant surge in transactions and user activity. This unexpected influx strained the system, impacting its performance temporarily.

Official Response and Resolution

Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, responded to these challenges in a blog post. Kusama clarified that the issues stemmed from high demand and not from any fundamental flaws or security breaches. The team has been actively working on stabilizing the platform to accommodate the growing number of users.

Community Reassurance

The Shibarium team is committed to ensuring a reliable and secure experience for its users. By addressing these initial technical challenges, the team aims to reassure the community of the platform's robustness. Continuous updates and improvements are anticipated as the team refines the system to handle increased volumes effectively.

Looking Ahead

As Shibarium continues to evolve, it remains focused on enhancing its infrastructure to support a seamless user experience. The team’s proactive measures underscore their dedication to maintaining trust and transparency within the evolving crypto landscape.

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