Shibarium denies bridge issues, calls it FUD
Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for technical difficulties on Shibarium. The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses, saying screenshots floating around the crypto community are false. In a blog post on Aug. 17, Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for causing technical difficulties on Shibarium, an Ethereum layer-2 scaling blockchain launched hours earlier. Sharing data from Alchemy, Kusama said the project had allotted 400 million compute units per month but experienced 160 million compute units in nearly 30 minutes after Shibarium’s launch. “Although we expected a very busy moment, we never expected this much traffic, instantly," he said, adding: “Our team has been working tirelessly to scale (even though validators were already on autoscale when we made th...
