- Shibarium paused transfers due to an influx of traffic.
- The L2 has resumed operations.
Shibarium has encountered a surge in traffic, referred to as “compute units,” that has prompted the need to scale its operations. The platform’s popularity led to an unexpected influx of users, resulting in a rapid response from its team to accommodate the heightened demand. Shibarium has released its first official update on the ongoing scaling efforts as part of its commitment to transparency.
System Safeguard Measures
As a response to the unexpected surge, Shibarium’s system implemented a built-in fail-safe mode to ensure the security of user funds. This proactive measure effectively paused operations and transactions, allowing the platform’s team to assess the situation and take appropriate actions.
The platform has affirmed that the funds temporarily “paused” within the bridge remain secure. Moreover, as a gesture of commitment to its user community, Shibarium has chosen to insure the total amount of $2 million, offering an additional layer of protection in the case of any unforeseen issues following the resumption of operations.
Shibarium’s scaling initiatives mark a significant step in its journey to accommodate its growing user base. With collaboration, transparency, and user security at the forefront, the platform aims to emerge from this challenge with enhanced capabilities to meet the evolving demands of its vibrant community.