Unification, the firm working behind the Shibarium Layer-2 solution, provided the latest updates on the network’s progress. In a new blog released by Unification on Friday, developer Codegnosis confirmed that the Shibarium Beta deployment is in full swing. The blog post confirmed that Shiba Inu’s L2 network, Shibarium Beta TestNet, is “rapidly moving ever closer”.
However, the blog cautioned that the team is not in a rush to push things without a thorough check. “Given the scope, it’s foolish to rush, but work is progressing well. And although the public beta network is yet to be deployed, that day is rapidly moving ever closer,” the blog read.
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Shiba Inu: The Shibarium Technical Developments
The new Unification blog shed light that the team is working on optimizing the ‘go-ooo’ application. The team is currently “testing it on the closed/private Shibarium alpha network”. For the uninitiated, the go-ooo application “listens for OoO data requests sent to the Router smart contract, fetches data, and sends it back to the requesting contract”.
The blog confirmed that “the router smart contract has been successfully deployed” on the Shibarium private alpha network.
“So far, testing has gone well with the OoO provider successfully fulfilling data requests on the L2 network, using bridged Test xFUND for OoO fees on L2!” the blog read.
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Going through the blog, the Shbarium testnet could be much closer to release than previously thought. Speculation is rife that the Beta could be released on Feb. 14, 2023, coinciding with Valentine’s Day. You can read more details about it here.
However, none of it is confirmed; we will have to wait and watch for an official statement about the upcoming and most anticipated Beta launch.
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At press time, Shiba Inu was trading at $0.00001437 and is down 5.7% in the 24 hour day trade. It is also down 83.3% from its all time high of $0.00008616, which it reached in October 2021.