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Showing posts with the label scalability

Shibarium wallets surpass 100K after SHIB devs relaunch bridge

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Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal. Shibarium, a new layer-2 blockchain for Shiba Inu (SHIB) has surpassed 100,000 wallet s on its platform with 35,000 coming within 24 hours of Shibarium's relaunch on Aug. 28. Shytoshi Kusama, the lead developer and co-founder of Shiba Inu, confirmed Shibarium was back up and running in an Aug. 28 blog post. At the time, Kusama noted that Shibarium tallied 65,000 wallet s across 350,000 transactions — however, those figures have rocketed upwards since, respectively increasing 55.8% and 20.2%, according to Shiariumscan.io. Shibarium’s block explorer shows that 101,277 wallets have now facilitated 420,897 transactions across 344,614 blocks, with an average block time of 5 seconds. The number of wallet addresses increased from 65,000 to over 100,000 within 24 hours of Shibarium re-opening. Source: Shiariumscan.io In a statement, Kusama said the relaun

Polygon’s on-chain activity surging as Borroe targets low fees, scalability

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There is an uptick in on -chain activities, particularly in the Polygon ecosystem. This trend is evident as various projects, including those in decentralized finance (defi) and artificial intelligence (AI), like Borroe, position themselves on the Ethereum sidechain, tapping on improved scalability and reduced transaction fees.  This article examines Polygon, highlighting Borroe’s presale and its alignment with crypto trends. Borroe on Polygon Borroe has been attracting interest, especially in the ongoing presale. In the beta stage, the platform sold $250,000 of ROE in five days, highlighting its potential in crypto. You might also like: Tether dominant among stablecoins, USDT holders exploring Borroe In stage 1 of the Borroe Finance presale, ROE is available for $0.0125, and over 37 million ROE tokens have been sold. For flexibility, inclusivity, and convenience, ROE can be bought using Bitcoin (ETH), Ethereum (ETH), and BNB. Funds raised will be used to expand Borroe