Shibarium, the second-layer solution powering Shiba Inu, is on the verge of achieving a significant performance leap. Recently, project leader Shitoshi Kosama revealed that Shibarium’s current transaction handling capability stands at an impressive 200 transactions per second. However, this is just the beginning.
For Shiba Inu developer Kaal Dhairya, the upcoming full split is expected to push these numbers even higher. Scalability remains a critical challenge in the blockchain world, with leading networks like Ethereum and Bitcoin constantly striving to strike a delicate balance between efficiency and security. While Ethereum manages around 13 to 14 transactions per second, and Bitcoin handles about 4 to 7 transactions, newer blockchains like Solana and Polkadot are pushing the boundaries with significantly higher capacities.
Solana, for example, boasts the ability to handle a staggering 50,000 transactions per second, while Polkadot’s multi-chain design offers substantial scalability advantages. Enter Shibarium’s solid fork.
Shibarium’s network has undergone a pivotal solid fork, a transformative process aimed at enhancing scalability and efficiency, particularly in the DeFi and NFT sectors. This upgrade introduces the Sepolia network, which strategically implements a token burning mechanism to bolster the network’s economic model and potentially increase the value of its native token.
The Shibarium fork, an integral part of the network’s development, aims to reduce transaction costs, accelerate transaction speeds, and deliver greater utility for its original tokens. With these advancements, Shibarium is set to revolutionize the blockchain landscape, offering a promising solution that combines performance, scalability, and enhanced value for its users.
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