• Shibarium had a bumpy start, but is now being relaunched with improved features.
• The new network will have enhanced network reliability, an upgraded monitoring system, and an additional failsafe mechanism.
• SHIB, BONE, and LEASH tokens have seen a slight dip in the past 24 hours ahead of the relaunch.
Relaunch of Shibarium
Shiba Inu’s much-anticipated Shibarium project is preparing for another shot at a successful launch after facing a bumpy start. Lead developer Shytoshi Kusama has officially announced the upcoming relaunch in a recent blog post and it is poised for a fresh start with many new features including enhanced network reliability, an upgraded monitoring system, and an additional failsafe mechanism.
Enhanced Network Reliability
The new network aims to provide greater reliability with improved parameters that have been tested and adjusted over the past two days. This added mechanism enforces rate limits at the Remote Procedure Call (RPC) level and enables automatic server resets to ensure smoother operations even during high traffic.
Upgraded Monitoring System
The upgraded monitoring system will be able to detect any unexpected behavior or abnormalities on the blockchain more quickly than before. It will also enable developers to respond faster to any technical glitches that may arise on the network so as to prevent any further disruption of service or loss of funds.
Additional Failsafe Mechanism
As part of its added safety feature, Shibarium has introduced an extra failsafe mechanism which can be used as a backup plan in case of any unforeseen circumstances or emergencies. This measure ensures that users’ funds remain safe no matter what happens on the blockchain and provides much needed peace of mind for all those involved in trading SHIB tokens or using other associated services like DeFi protocols built on top of Shibarium’s infrastructure.
Impact On Prices
The relaunch news comes as SHIB, BONE, and LEASH tokens have seen a slight dip in prices over the past 24 hours. However, it is expected that this change will eventually reflect positively on prices once investors begin to recognize their value proposition after they are released onto exchanges following their successful launch later this week.