Shiba Inu’s Shibarium Beta Bridge Released For Public Testing, Marking A Milestone Achievement

In a new development, spewing excitement among Shiba Inu community members, the long-awaited Shibarium beta bridge has reportedly gone live for public testing, as revealed via a tweet by Lucie, a renowned Shiba Inu ecosystem influencer.

With the mainnet takeoff of the Shiba Inu L2 network seemingly appearing imminent, Shiba Inu’s development team had other ideas that saw them go for the release of the Shibarium beta bridge, which will go down as a significant landmark in the Shiba Inu’s ecosystem.

Read Also: Shibarium Hits New Milestone with Over 17 Million Addresses and 30 Million Wallets: Details

Notably, SHIB enthusiasts were encouraged to explore the features of the cross-chain solution and report challenges or any form of bugs encountered in the process to enable the team to improve on the functionalities that may be lacking.

Meanwhile, at the time of filing this report, we are yet to ascertain if the Shibsrium beta bridge is fully functional, but to be on the safe side, potential users are admonished against using real assets while testing the new protocol to prevent the occurrence of a past event that saw thousands of Shiba Inu token holders lost their investments to a fake Shibarium website.

Insight Into Shibarium Beta Bridge Cross-Chain Solution

The Shibarium beta bridge is a cross-chain protocol that enables users to swap digital assets across networks like Ethereum (ETH) to the Shibarium network. In addition, users will enjoy opportunities entailing seamless deposits and withdrawals of assets between different networks.

The process of depositing in the bridge involves just a single transaction with a substantial amount sufficient to move funds from Ethereum to Shibarium, which will ordinarily take 20 – 30 minutes. It bears mentioning that the Shibarium bridge does not support staking and delegation.

Read Also: Likelihood Of Shibarium Burning 5 Trillion Shiba Inu (SHIB) Monthly: Expert Offers Insight

Comments And Reactions From Shiba Inu Enthusiasts

Meanwhile, members of the Shiba Inu community went under Lucie’s tweet to show their satisfaction with the newest Shiba Inu invention. Some community members confirmed trying the cross-chain solution, which ran perfectly.

An anonymous Twitter user shared a screenshot of his transaction on the Shibarium bridge site with the caption,  “Tested successfully earlier.” 

On the other hand, several other crypto community members are more focused on the upcoming mainnet launch of Shibarium, staged to occur in August during the Blockchain Futuristic Conference, hoping it brings significant development to Shiba Inu’s ecosystem.

---

Follow us on Twitter, Facebook, Telegram, and Google News