The team behind Shiba Inu memecoin is set to relaunch Shibarium, a PoS blockchain network, after its partial collapse on mainnet launch last week.
In a blogpost shared by pseudonym developer Shytoshi Kusama, the team describes that Shibarium is now enhanced and optimized.
The Team claims that they have enabled a new monitoring system and other additional precautions in order to handle high-traffic. “We are almost ready to reopen to the public,” said the team in the blogpost.
The much-hyped Shibarium’s public launch went off-track last week. Following this deficient launch, Shiba Inu team released a statement citing ‘we never expected this much traffic instantly.’ The network has been closed to the public since then.
The developer meanwhile clarified against FUD, which majorly affected Shibarium’s reputation last week. Its token SHIB plunged over 10% following the false news shared against it last week.
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