- Shibarium’s Bor hard fork targets critical bug fixes to enhance transaction processing and network performance.
- The Heimdall upgrade aims to improve transaction confirmation reliability, advancing Shibarium’s network integrity.
- Community anticipation surrounds the potential implementation of the SHIB auto-burn portal amidst the hard fork developments.
The team behind Shibarium has announced a forthcoming hard fork aimed at optimizing the layer-2 scaling solution. This update, detailed in the latest edition of SHIB Magazine, marks a crucial milestone in Shibarium’s infrastructure evolution.
The first phase of the hard fork, focusing on the Bor component, has already been implemented, signaling a pivotal moment for Shibarium. This upgrade, initiated at 02:30 AM (EST), addresses critical issues surrounding transaction processing and network performance.
The Bor hard fork prioritizes two main proposals: augmenting state sync confirmations and delaying state sync confirmation by 128 seconds. These alterations directly tackle a bug associated with state sync, particularly crucial in mitigating issues stemming from network partitions.
Following the Bor upgrade, attention turns to the Heimdall hard fork scheduled for May 3 at 12:30 AM (EST). This phase aims to bolster transaction confirmation reliability and achieve “deterministic finality,” further fortifying Shibarium’s network integrity.
While the hard fork promises substantial improvements, community focus remains fixed on the anticipated SHIB auto-burn portal. Notably, concerns regarding its implementation were raised by prominent community member Lola in previous discussions.
Since its inception in August 2023, Shibarium has undergone significant transformations. The initial hard fork in December 2023 paved the way for a multi-token burn model. It coincided with a surge in transaction volume and daily counts reaching between 5 and 7 million.
Recent whale activity, particularly the transfer of 1.75 trillion SHIB tokens from Robinhood to a single wallet address, has sparked speculation within the Shiba Inu investor community. With previous movements between this wallet and Robinhood documented on Etherscan, market observers are closely monitoring potential price impacts.
