Shibarium Hard Fork Set for May 2: Reduced Fees, Improved Efficiency

IconCrypto News Terminal26 Apr, 2024

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Shibarium Hard Fork Set for May 2: Reduced Fees, Improved Efficiency

Shibarium, the Layer 2 scaling solution for Shiba Inu (SHIB), has announced a hard fork scheduled for May 2. This upgrade aims to enhance the network's performance and scalability. The hard fork is expected to introduce significant improvements, including reduced transaction fees, faster transaction processing, and increased network efficiency. These enhancements are crucial for accommodating the growing user base and transaction volume on the Shiba Inu network. Shibarium's hard fork aligns with the project's long-term goal of establishing a robust and scalable ecosystem for SHIB. The upgrade is anticipated to improve the user experience, attract new developers, and further drive the adoption of the Shiba Inu project. Previously on [date], "Shibarium, a Layer 2 solution for Shiba Inu (SHIB), has announced via its official website that it will undergo a hard fork on May 2. The hard fork is expected to bring reduced transaction fees and improved network speed and efficiency."

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