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Shiba Inu’s Puppynet Gets Ethereum Upgrade for Smoother, Faster Transactions Beincrypto 15 set 2024

Shiba Inu’s Puppynet Gets Ethereum Upgrade for Smoother, Faster Transactions 🚀

Shibarium, the Layer-2 scaling solution for the Shiba Inu ecosystem, is set for a major upgrade that will increase its security and scalability.

Shiba Inu’s marketing executive Lucie announced that the upgrade would target Puppynet, Shibarium’s testnet.

Puppynet is scheduled for an upgrade on Friday at 2:30 a.m. ET at block 4,697,000. The changes include the Bor upgrade to version 1.3.7-bone-beta and the implementation of the Cancun hard fork. These enhancements aim to improve network performance, security, and overall efficiency, offering users a smoother experience.

The upgrade will integrate Ethereum’s core software, Geth, into Shibarium’s testnet, bringing advanced features like faster smart contract execution, improved peer-to-peer networking, and better block propagation. It will also strengthen the network’s proof-of-stake (PoS) bridge, enabling smooth cross-chain asset transfers between Shibarium and other blockchains.

Additionally, the update will optimize gas fees, making transactions more affordable, and prune historical block data to conserve disk space. Security enhancements will include improved error handling, vulnerability patches, and bug fixes to ensure a more secure network.

Post-upgrade, users can expect quicker transactions, better security, stable cross-chain transfers, and improved disk management. Lucie believes these updates could boost Shibarium’s adoption, potentially increasing SHIB token burn rates.

The Shiba Inu ecosystem team has advised node operators to update their software to version 1.3.7-bone-beta before the Cancun hard fork. This upgrade reflects the meme coin’s dedication to advancing the SHIB ecosystem. Last month, Lucie announced plans to introduce decentralized governance as part of Shiba Inu’s growth strategy.

Fonte: beincrypto.com ↗