New Shibarium Mainnet Transactions Suspended, $1.7 Million Currently Locked
The new Shibarium mainnet that was launched today is experiencing a problem causing transactions on it to be suspended. $1.7 million is currently locked on ETH. The warning from Twitter shroom_daddy received much attention from the community about his suspicions about the hit layer 2. This person questioned what Shibarium was doing, from RPC to how bridging works. On-chain detective ZachXBT also commented on the comments and said that there are currently more than 954 ETH.
For the current state of the network, users are advised to stop using Shibarium for now temporarily. The network impressed when it attracted more than 21 million wallets participating in the beta testing phase. This helps it position Shiba Inu as a DeFi heavyweight by providing enhanced throughput and reduced transaction fees, even lower than Polygon (MATIC). Shibarium aims to improve the efficiency and user experience of decentralized application applications (dApps) and transactions. After months of testing with millions of users, the game development-oriented layer-2, and metaverse Shibarium has officially entered the mainnet phase following today’s announcement by the developers.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
