Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand.
Shiba Inu developers are slowly working towards a Shibarium network reopening by monitoring validator data and transactions days after a much-hyped network launch was marred by network issues and a faulty bridge.
“After two days of testing and tweaking parameters to achieve"ready" state Shibarium is now enhanced and optimized,” Kusama said. “As mentioned it is still in testing, but producing blocks.” Shibarium is an Ethereum layer-2 network that uses SHIB tokens as fees in what is part of a broader plan to position Shiba Inu as a serious blockchain project. It is said to have a focus on metaverse and gaming applications while finding use as a cheap settlement for DeFi applications built atop it.
But last week’s launch quickly fizzled out. Transactions on the network were stalled for at least eleven hours shortly after going live, with millions of dollars stuck on a bridge, or a tool that transfers tokens between different networks. SHIB prices plunged 10% at the time.
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