Here's How Shibarium Bridge Works When Sending ETH: Source

Australia News News

Here's How Shibarium Bridge Works When Sending ETH: Source
Australia Latest News,Australia Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Public test of Shibarium Bridge successfully completed, Ethereum was moved to Shibarium and turned into WETH

has conducted an experiment to see how the Shibarium Bridge works and transferred a bit of ETH to Shibarium.New Shiba Inu Perpetuals Unleashed by BitMEX@CryptoLeadDev wrote that he decided to test the Shibarium Bridge to spare his followers having to test it themselves. First he put in 0.01 ETH to be transferred to Shibarium. The initial estimated fee for that operation was $1.95. However, when the Metamask wallet opened, it went higher, to $2.65.

After that, he initiated the ETH transaction. The funds then were marked"en route," meaning that now the Shibarium Bridge was responsible for moving them. Finally, the 0.01 ETH was sent to upgradeable proxy contracts. Finally, after eight minutes of waiting, the ETH arrived in @CryptoLeadDev’s wallet.

Then, finally, the 0.01 WETH arrived in @CryptoLeadDev's wallet."Shibarium bridge appears to be working. Woot woot! Horray!" he tweeted.bridge appears to be working. Woot woot! Horray! 🎉🥳

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shibarium team reopens bridge withdrawals on mainnetShibarium team reopens bridge withdrawals on mainnetShibarium, a Layer 2 blockchain, reopened fund withdrawals on its bridge to Ethereum.
Read more »

Shiba Inu’s Highly Anticipated Shibarium Bridge is Now 'Fully Functional'Shiba Inu’s Highly Anticipated Shibarium Bridge is Now 'Fully Functional'Withdrawals can take anywhere from 45 minutes to a week, depending on the token, developers said in a Monday update.
Read more »

Shibarium wallets surpass 100K after SHIB devs relaunch bridgeShibarium wallets surpass 100K after SHIB devs relaunch bridgeEthereum-layer 2 blockchain Shibarium, inspired by Shiba Inu, has surpassed 100,000 wallets, which comes 24 hours after Shib developers confirmed the bridge is back up and running again.
Read more »

Shiba Inu Lead Shytoshi Kusama Says Shibarium Ready for Prime TimeShiba Inu Lead Shytoshi Kusama Says Shibarium Ready for Prime TimeShiba Inu's layer-2 scaling solution, Shibarium, is officially live and 'ready for prime time,' according to an announcement by lead developer Shytoshi Kusama
Read more »

Shibarium goes live with smooth withdrawals of BONE, SHIB, LEASH, WETH tokens confirmed by Shytoshi KusamaShibarium goes live with smooth withdrawals of BONE, SHIB, LEASH, WETH tokens confirmed by Shytoshi KusamaShiba Inu ecosystem’s Layer 2 chain, Shibarium, is live after a botched mainnet launch on August 16. While users lost access to their Ethereum and BON
Read more »

Shibarium Sentiment Forces This Shiba Inu Copycat to Soar 513%Shibarium Sentiment Forces This Shiba Inu Copycat to Soar 513%New SHIB moniker jumps 513% as Shibarium reopens withdrawals
Read more »



Render Time: 2025-02-28 19:04:46