Gushiken Yona
Shibarium, the Layer-2 scaling solution for the Shiba Inu ecosystem, is poised for a significant upgrade, impacting performance, security and scalability.
The Puppynet test network is undergoing a crucial transformation with the Bor upgrade to version 1.3.7-bone-beta and the implementation of the Cancun hard fork. These enhancements, scheduled to take effect at 02:30 a.m. ET Friday, promised to bolster the network’s performance, security, and overall efficiency, paving the way for a smoother and more robust user experience.
Bringing Ethereum’s Best Practices to Shibarium
The Bor upgrade and Cancun hard fork represent a concerted effort by the Shiba Inu development team to refine and optimize the Shibarium network. The updates draw upon the latest advancements in blockchain technology, incorporating key improvements from Geth, the core software that powers Ethereum.
Geth Integration for a Stronger Foundation: The upgrade seamlessly integrates updates from Geth, ensuring that Shibarium benefits from the latest Ethereum features and security enhancements. This includes improvements to block propagation, peer-to-peer networking, and the execution of smart contracts.
POS Bridge Integration for Seamless Cross-Chain Operations: The Proof-of-Stake (POS) bridge, which facilitates the transfer of assets between Shibarium and other blockchains, has received multiple updates to enhance its functionality and stability. This ensures smoother and more reliable cross-chain transactions.
Faster Transactions and Reduced Storage Costs
Enhanced Gas Management for Optimized Transactions: Shibarium’s gas fee mechanism, which determines the cost of executing transactions on the network, has been refined to improve efficiency and reliability. A minimum gas price has been enforced to prevent spam and ensure that transactions are processed promptly.
Pruning for Efficient Storage: The upgrade introduces a pruning feature that allows historical block data to be removed from nodes, freeing up valuable disk space. This optimization ensures that Shibarium remains lightweight and efficient, even as the network grows.
Security Enhancements for a Robust Network: Security remains a paramount concern for any blockchain platform. The Bor upgrade addresses potential vulnerabilities by updating dependencies, fixing bugs, and improving error handling. These enhancements bolster the network’s resilience against potential threats.
Improved User Experience: The upgrade also includes enhancements to the command-line interface and documentation, making it easier for developers and users to interact with the Shibarium network.
What it Means for Shibarium Users
For users of Shibarium, the Puppynet Bor Upgrade and Cancun Hard Fork introduce several important enhancements that directly impact their experience:
Improved Transaction Efficiency: Optimizations in gas price handling and EVM execution translate to faster and more reliable transactions. The enforced minimum gas price of 1 gwei makes transaction fees more predictable and affordable.
Enhanced Cross-Chain Operations: Updates to the POS bridge ensure smoother cross-chain interactions, making it easier to move assets between different blockchains, a crucial feature for users engaged in multi-chain activities.
Increased Security: Regular updates and patches to dependencies address security vulnerabilities, reducing the risk of attacks or bugs that could affect user assets or transactions.
Better Disk Space Management: The introduction of ancient block pruning helps nodes save on disk space by removing older block data, although this limits the ability to query historical blocks via RPC. This benefits users running nodes by requiring less storage.
Deterministic Fork Choices: The upgrade makes the network more stable by ensuring consistent state selection, reducing the chances of network forks or discrepancies in transaction history.
Compatibility with Ethereum Updates: Integration of Geth upstream merges ensures that Shibarium remains compatible with the latest Ethereum updates, providing users with access to the most recent improvements in block propagation and execution.
Stability in Node Operations: Users running nodes must upgrade to ensure compatibility, preventing disruptions in service or loss of functionality during the Cancun hard fork.
2/ We’re constantly making strides towards making blockchain more intuitive and powerful. 💪 For all you curious Shibas, dive deep into the fine details of the changes we’ve made ⬇️https://t.co/BtOKj2t1Kb
— Shibarium Network (@ShibariumNet) April 18, 2024
A Seamless Transition
The Puppynet hard fork is scheduled for Friday at block number 4697000. Node operators are encouraged to update their software to version 1.3.7-bone-beta before the hard fork to ensure compatibility and continued participation in the network.
The Bor upgrade and Cancun hard fork represent a significant step forward for Shibarium, bringing tangible benefits to users of all levels of technical expertise. The enhancements will result in a faster, more secure, and more efficient network, paving the way for a wider range of decentralized applications and services to be built on Shibarium.
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Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
