Shiba Inu’s layer 2 (L2) blockchain project, Shibarium, is set for a pivotal upgrade, transitioning its testnet, Puppynet, from the Ethereum Goerli Network to the Sepolia Network. This transition, effective from December 15, 2023, marks a significant development for the blockchain and also comes with a long-awaited upgrade to the SHIB burn mechanism.
Shibarium Testnet Transitions To Sepolia
The Shiba Inu development team describes the migration to the Sepolia Network as “a strategic shift instrumental in ensuring that developers have access to a reliable and consistent platform for testing their dApps and smart contracts.” The Goerli Network has been a foundational part of the Ethereum testnet ecosystem, crucial for testing decentralized applications (dApps) and smart contracts.
As it nears retirement, the Shiba Inu development team had no choice but to make this necessary change. The team highlighted, “With the deprecation of the Goerli Network, Shibarium’s Puppynet is set to adopt the Sepolia Network as its new L1.”
Shibarium’s new testnet aims to significantly enhance scalability, reduce transaction costs, and improve transaction speeds by leveraging the Sepolia Network. This is critical for meeting the growing demands from decentralized applications, particularly in decentralized finance (DeFi) and non-fungible…