Shibarium’s testnet, or a testing blockchain, has seen meaningful activity in the past months with 20 million transactions from an estimated 16 million wallets as of June. By shauryamalwa.
Layer 2 refers to a set of off-chain systems built on top of layer 1 protocols that reduce bottlenecks with scaling and data. These bundle multiple off-chain transactions into a single layer 1 transaction, which helps reduce the data load and fees.
Developers added DoggyDAO, decentralized autonomous organization run and governed by token holders, will be introduced at the time and used to fund projects building on Shibarium.
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