In a recent update from Shytoshi Kusama’s blog, significant advancements have been made in the development of Shibarium, the blockchain platform associated with the Shiba Inu cryptocurrency.
Following a concentrated 48-hour period of meticulous testing and parameter modifications, Kusama has overseen the significant enhancement and optimization of Shibarium. While it remains in its testing phase, the platform, under Kusama’s guidance, is now producing blocks, showcasing its readiness for broader operations.
To fortify the platform’s resilience, Kusama introduced a new monitoring system. Moreover, anticipating potential traffic spikes, he implemented rate limiting at the RPC level and added an auto server reset feature.
Kusama’s team is on the brink of a public relaunch, reflecting their confidence in the platform’s stability and efficacy.
What you'll learn 👉
Addressing the FUD (Fear, Uncertainty, Doubt)
The world of cryptocurrency often grapples with FUD, propagated by individuals with hidden agendas. Such individuals aim to either provoke panic selling or shift attention towards their offerings. They frequently alter their criticisms, especially when their assertions are refuted.
For example, there were whispers hinting that Shibarium, under Kusama’s leadership, would never see the light of day. These have been categorically debunked. Another groundless accusation was Kusama’s alleged disregard for decentralization. In retaliation, he unveiled a comprehensive document on decentralization, setting a precedent in the crypto realm.
Kusama remains steadfast in his mission to counter any future FUD, demonstrating unwavering commitment to the platform’s principles, ecosystem, and overarching mission.
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Kusama relayed a thought-provoking quote: “Winners focus on winning. Losers focus on the winners.” This serves as an inspiration for all those devoted to the Shibarium initiative. Kusama’s team is keen to join forces with individuals, protocols, and projects that resonate with Shibarium’s ethos.
As the platform matures, Kusama anticipates it hosting a plethora of platforms, reminiscent of Ethereum. However, he underscores the significance of due diligence. He passionately advises everyone to rigorously research (DYOR – Do Your Own Research) any initiative or platform linked to Shibarium, ensuring well-informed choices.
The Road Ahead
The immediate horizon for Shibarium looks bright. Under Kusama’s supervision, additional validators will be integrated, broadening avenues for staking the BONE token and partaking in the rewards. Testing is on the verge of culmination, setting the stage for the platform’s public re-debut.
Additionally, Kusama and his team will kickstart the implementation of the ShibPaper. This cornerstone document will steer the creation of a governance and management framework, underscoring Shibarium’s ambition of a decentralized digital nation state set to reshape the crypto world.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
