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You are at:Home ยป Shiba Inu’s L2 Blockchain Shibarium Encounters Temporary Network Disruption
Cardano By admin

Shiba Inu’s L2 Blockchain Shibarium Encounters Temporary Network Disruption

By adminApr. 22, 202402 Mins Read
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Shiba Inu's L2 Blockchain Shibarium Encounters Temporary Network Disruption
Shiba Inu's L2 Blockchain Shibarium Encounters Temporary Network Disruption
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Shibarium, the official layer-2 blockchain of the Shiba Inu ecosystem, faced a temporary network disruption that affected its performance over the weekend.

Kaal Dhairya, a well-known developer within the Shiba Inu ecosystem, provided an update on the situation today.

Validators on the Shibarium network experienced networking problems, which caused the outage. Validators are responsible for verifying transactions on Shibarium and maintaining the network’s integrity.

Although the issue has been resolved after several hours, some Shibarium-related services, such as Shibariumscan (the official block explorer) and external RPCs (Remote Procedure Calls), are still facing downtime.

To address this, Dhairya mentioned that these services will remain offline until certain necessary steps are taken. In the meantime, he has requested that external developers working on Shibarium’s infrastructure reach out to him for coordinated communication through shared Telegram/Slack channels.

This development follows a recent surge in daily account growth on the Shibarium L2 network. On April 13, 13,314 new accounts joined the network in a single day, pushing the total number of accounts beyond 100,000 to 102,303. This represents the highest daily account growth since Shibarium’s launch in August 2023.

This is not the first time Shibarium has experienced a network outage. Shortly after its launch, it encountered a major technical issue that caused its mainnet RPC to go offline. The team worked diligently to resolve the issue, and after two weeks, Shibarium relaunched on the mainnet and has been operational ever since.

Despite the outage, Shibarium has processed an impressive 417.35 million transactions and has over 1.78 million addresses and 4.32 million blocks minted to date, according to data from Shibariumscan. However, the daily transaction count has significantly decreased in recent days, currently standing at 10,040, compared to nearly one million on April 15.

It is unclear whether this decline in daily transactions is a result of the network outage or the overall market turbulence.

Please note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not reflect those of The Crypto Basic. Readers are advised to conduct their own research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.

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