Shibarium update
Shibarium Scaling : Update 1
Hello fellow Shibarians! As you all are aware, due to the incredible popularity of Shibarium we experienced a level of traffic that was unexpected even by our standards. Throughout the process of us scaling operations to support the massive influx of Shibarium users, we will post updates to let you know where we are the process. This is the first update.
WHAT WE KNOW THUS FAR
Shibarium received millions of "compute units" of traffic within moments ( as posted yesterday). In fact, as we slowly and carefully investigated where the problem exactly took place and found thousands upon thousands of contract creation and normal transactions IN ONE BLOCK. At this point the amazing system of Shibarium (proudly a fork of Polygon) went into fail safe mode, and stopped to ensure funds are safu… and they are.
NEXT STEPS
Knowing the issue, we called in the support of some powerful frens (who we will name later with their permission) to help, alongside our Shibarium devs and the Unification team who have spent tireless hours working to scale our beloved blockchain. We have identified multiple possible plans of action, and will keep you updated as we execute to bring up the blockchain.
THE FUD
Usually I would let fud roll off my back, but the fake screenshot posted today caused incredible harm to our state, and I'm actually surprised so many news outlets would consider a fake post (aligned with bot activity) to be the source of truth. I am currently assessing the damage from such activity and will call upon X to help identity the culprit so they can be brought to justice. Such attacks upon our system by bad actors will not be tolerated. Moreover, YOU should assume only information from official outlets are true, and even larger media outlets quoting social media because could be incorrect.
Still not convinced? We stand by the statement that the funds "paused" in the bridge are safu and as a result have chosen to "insure" the entire amount of $2 Million dollars in case there is any issue after Shibarium is restarted.
UPDATE TOMORROW
Tomorrow I will send another update to inform our army of the status of Shibarium Scaling!