Shiba Inu’s Shibarium Hit by Temporary Outage, Network Services Still Down
Shibarium, the layer-2 blockchain associated with Shiba Inu, experienced a temporary network outage over the weekend. The issue stemmed from networking problems among validators, entities responsible for verifying transactions and maintaining network integrity, according to a developer update from Kaal Dhairya.
Read Also: Bitcoin Successfully Halves, But Price Impact Remains Unclear
There was a temporary shibarium outage caused because of networking issues amongst the validators. Network is back up and running now, some services like shibariumscan or external RPCs can still remain down until the steps provided are implemented. If you’re an external team…
— Kaal (@kaaldhairya) April 22, 2024
The good news is that the core network functionality has been restored. However, some Shibarium-related services, including the block explorer Shibariumscan and external RPCs (Remote Procedure Calls), are still facing downtime. Dhairya has informed the community that these services will remain unavailable until specific measures are implemented. He has called upon external developers working on Shibarium’s infrastructure to collaborate through designated channels like Telegram and Slack to expedite the resolution.
Read Also: Shiba Inu Marketing Fuels Optimism in India, Despite Price Volatility
Shibarium Sees Record Account Growth Before Outage
This outage comes on the heels of a significant surge in user activity on Shibarium. The network witnessed a record-breaking daily account increase of 13,314 on April 13th, pushing the total account count beyond the 100,000 mark. This surge represents the highest daily growth since Shibarium’s launch in August 2023.
Network Outage Not Shibarium’s First Technical Hurdle
Unfortunately, this isn’t the first technical hurdle Shibarium has encountered. Shortly after launch, a major issue forced the mainnet RPC offline, taking the network into private mode for two weeks while developers addressed the problem. Shibarium successfully relaunched on the mainnet after this intensive scaling period.
Daily Transactions Dip After Outage
While Shibarium boasts over 417 million processed transactions, 1.78 million addresses, and 4.32 million minted blocks since its inception, daily transactions have dipped considerably in recent days. The daily count, which peaked at nearly 1 million on April 15th, currently sits at around 10,000. It remains unclear whether the network outage or broader market volatility is responsible for this decline.
Â
Follow us on Twitter, Facebook, Telegram
Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.