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In an important blog post, Shytoshi Kusama, the lead developer behind the Shiba Inu ecosystem, revealed the finalization of the much-anticipated Shibarium Milestones: layer 2 blockchain scaling solution, Shibarium.
Expressing genuine gratitude, the lead developer extended heartfelt appreciation to steadfast blockchain platforms. A special mention of Polygon and Unification was included, acknowledging their integral support throughout the scaling solution’s evolution.
In a highly anticipated disclosure, Kusama highlighted the remarkable accomplishments of Shibarium Milestones: The ecosystem proudly hosts over 65,000 wallets, endorsing its popularity. It has processed 350,000 transactions, showcasing real-world viability.
Transparently Overcoming Challenges
Following the launch of Shibarium Milestones, the layer 2 scaling solution faced significant obstacles. These challenges understandably fueled community apprehension. Reports revealed $1.5 million ETH locked in Shibarium Milestones. Kusama swiftly countered, dismissing accusations as misleading FUD. Additionally, he shed light on the proliferation of “fake posts” disseminated by certain news outlets.
With reassuring clarity, Kusama confirmed the safety of the locked funds, unequivocally stating the scaling solution’s readiness for the market. Echoing Shiba Inu founder Ryoshi’s wisdom, he emphasized that success awaits those who adeptly lay foundations during bear markets.When bullish conditions return, their efforts can yield substantial benefits. He also expressed gratitude to those who actively countered FUD and critically evaluated misinformation from certain news sources.
Read more: Shibarium Whales Stir Amid Shiba Inu Project Setback
Shibarium :Collaborative Efforts and Future Prospects
Further accolades were extended to Shibarium Milestones: Polygon, with Kusama singling out Sandeep Nailwal, co-founder and chief operating officer of Polygon. Highlighting Polygon’s pivotal role in addressing the incident swiftly, the developer commended their prompt allocation of extra resources. This decisive action assured an optimal outcome for the situation. This endorsement reaffirmed the wisdom of the decision to pivot and align with Shibarium Milestones: Polygon.
Delving into the technical details, Kusama meticulously outlined the specific timelines governing Shibarium Milestones: Shibarium Bridge and token withdrawals. Notably, withdrawals for SHIB, LEASH, and WETH would require a minimum of 2 “Checkpoints,” translating to a span of 45 minutes to 3 hours. On the other hand, BONE withdrawals would involve a more extended timeframe of up to 7 days.
In recent months, the Shibarium Milestones: Shibarium team maintained consistent communication, providing the vigilant community with regular updates on the scaling solution’s progress. Most recently, Kusama employed a concise tweet to communicate the imminent relaunch of the protocol, a strategic move aimed at dispelling FUD while bolstering the community’s confidence in the impending Shibarium Milestones: Shibarium launch.
