Shibarium’s Layer-2 Technology Testnet Reaches Remarkable Milestone
The Shiba Inu community is excited as the Puppynet testnet for Shibarium, the layer-2 technology for Shiba Inu, surpassed a significant milestone. Puppynet officially crossed the 100,000 wallet holders threshold, which illustrates the incredible growth and adoption of this new layer-2 technology in such a short period.
Lucie, a famous SHIB influencer, drew attention to this impressive achievement in a tweet.
Shiba Inu’s Shibarium Testnet Smashes Impressive Milestone
Only a few days after its launch, Shibarium’s layer-2 technology testnet, Puppynet, has achieved a remarkable milestone of 100,000 wallets, according to a tweet by a SHIB influencer, Lucie.
The testnet was relaunched on March 24 due to the plagiarism accusations towards Shibarium, causing the developers to modify the chain ID to 719 from 917. A few weeks ago, some users on the Shiba Inu Discord wondered if Shibarium’s developers had taken a shortcut since their blockchain was the same as the lesser-known Rinia blockchain.
This suspicion heightened when a former, now-laid-off developer spoke out and reported unexpected modifications to the code. Despite the rumors, the developers of the countless projects built on Shiba Inu showed no signs of panic.
Moreover, the metrics of their projects remained unaffected. Despite the chain ID adjustment and statistics reset, the testnet still smashed new records.
At the outset, the Shiba Inu Puppynet had only 713 deals on its launch day. However, the figure grew to 41,688 transactions by March 27 and 144,458 by March 28.
Unfortunately, the transaction amount sharply declined on Wednesday, with just 3,118 transactions made that day. Regardless, the number of wallets connected to the network has risen at a similar speed to the transaction volume.
At the time of writing, there were 101,139 wallets. The network has processed 195,377 transactions distributed in 156,513 blocks with an average block time of 5 seconds.
Unification Reveals Comprehensive Multilayer Wallet Solution
Recently, Shytoshi Kusama, the head programmer at Shiba Inu, declared that 500 validators had shown enthusiasm for joining the Shibarium network. According to him, this represents fantastic progress and growth for the project despite being launched a few days back.
Furthermore, Unification, the creator of the Shibarium POS chain, has revealed that it is constructing a new wallet for the network. This wallet is a comprehensive solution platform that facilitates two-way asset exchanges between the primary and secondary layers.
Also, it has staking/delegating and Shibaswap connectivity. Per Lucie’s tweet, anybody can join Puppynet as a validator. However, such persons must stake a minimum of 10 BONE – Test-BONE and ETH on the Ethereum Goerli test network. Currently, SHIB trades at $0.00001059, down 0.7% in the last 24 hours, according to Coingecko data.
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