The team behind Shibarium, an Ethereum layer-2 network, has made strides to stabilize their platform, announcing its readiness for mainstream use.
This move follows the implementation of a new monitoring system and other upgrades to better handle high traffic.
Coinlive previously reported on how Shibarium encountered scalability issues during its initial launch on August 16.
Millions of dollars got stuck due to the surge of activity, affecting network transactions.
However, the platform has now seemingly overcome these hurdles, with token withdrawals from the layer-2 bridge available for users.
The relaunched Shibarium has demonstrated enhanced capacity, boasting a notable tally of over 350,000 transactions and 65,000 wallets.
The developer behind this pseudonymous project, Shytoshi Kusama, explained the withdrawal process for various Shibarium ecosystem tokens.
https://t.co/6hpCh5QU2h
— Shytoshi Kusama™ (@ShytoshiKusama) August 28, 2023
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He detailed that withdrawals will require a specific duration to clear, ranging from 45 minutes to 3 hours for tokens like Shib (SHIB), Leash (LEASH), and wrapped Ether (wETH).
However, withdrawals for Bone (BONE) tokens could extend up to 7 days.
Despite its initial hiccup, the Shibarium team has collaborated with Polygon blockchain developers to ensure a smoother reopening.
In a blog post, Kusama expressed gratitude for Polygon's Sandeep, who provided additional resources to address the situation promptly.
"Quickly after the incident began, I called Sandeep from Polygon directly and without a second thought, he helped provide additional resources to ensure a perfect outcome to the situation.
And that, is why our pivot to fork Polygon was the correct one."
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