Shibarium, the blockchain platform associated with Shiba Inu, is preparing for a major upgrade in the near future to enhance the experience for its community and developers.
The Shiba Inu team recently announced this exciting development through its official X account. According to the announcement, the upcoming technical upgrade for Shibarium will be a game-changing improvement that introduces a range of new features designed to enhance user experience and empower innovators.
The Shibarium technical upgrade is scheduled to be implemented on Thursday, May 2. Interestingly, this announcement comes just days after the Shiba Inu team revealed their plans to revamp Shibarium’s user interface and expand support for industry wallet solutions like MetaMask.
The Shiba Inu team emphasized that this upcoming hard fork is not just a technical adjustment, but rather a means of delivering fresh value and streamlining interactions with the Shiba Inu network. The upgrade will bring more reliable transaction fees and faster block processing times, addressing feedback from the community to improve the usability of the Shibarium platform.
Additionally, the hard fork will address the issue of transaction fee fluctuations during periods of high network traffic, ensuring that costs become more predictable and fair for all users. The Shiba team also highlighted that the upgrade will enhance Shibarium’s usability, resilience, and security, pushing the boundaries of what can be achieved in the decentralized finance (DeFi) space.
The Shiba Inu team has called upon the community to actively participate in the rollout of the technical upgrade. They believe that the insights and engagement of the community will help shape the ongoing evolution of Shibarium.
In response to the announcement, community members have expressed their desire for specific information regarding the inclusion of the much-awaited SHIB auto-burn in the forthcoming upgrade. The Shiba Inu team did not provide any specific details on this matter, but they did mention that the update will incorporate features to enhance transparency and efficiency within the burn system.
It is important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are solely the author’s opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.
