Shytoshi Kusama and Kaal Dhairya, key developers for Shiba Inu, recently showcased the impressive scalability of Shibarium, their cryptocurrency’s Layer 2 scaling solution, emphasizing its high transaction processing speed.
To provide some context, members of the Shiba Inu community engaged in a discussion on platform X yesterday, comparing Ethereum and Shibarium.
During this discussion, a user named Clifford on platform X noted that Ethereum’s transaction fee was around $31.62, significantly higher than Shibarium’s modest fee of $0.043 per transaction. Although the actual fee for Ethereum is lower at $1.33, it’s still considerably more than what Shibarium charges.
Another enthusiast highlighted Shibarium’s cost-effectiveness and superior scalability compared to Ethereum. They pointed out that while Ethereum manages around 13-14 transactions per second, Shibarium can process five times that number in the same duration.
Intriguingly, Shiba Inu’s lead developer, Shytoshi Kusama, joined the conversation, highlighting that Shibarium can handle up to 200 transactions per second.
Kaal Dhairya supported Kusama’s statement, underscoring that Shibarium’s current processing rate reaches 200 transactions per second, attributed to the existing block limit for specific transactions.
Yet, Dhairya pointed out that Shibarium’s potential far exceeds a mere 200 transactions per second. He mentioned plans to boost Shibarium’s processing capabilities, allowing it to manage a greater number of transactions in the upcoming hard fork.