Shibarium embarks on becoming a powerful layer 2 blockchain and a transitional evolution to the Shiba Ecosystem. Shibarium’s layer 2 is a collective blockchain that scales and invites solutions, innovation, and security to the Decentralized Finance Space.
The network welcomes its beta stage to provide insight, security, and onboard delegators and validators in its introductory released format.
Shibarium is a platform that enables blockchain scalability through its hybrid Plasma and PoS side chains. What stands out the most about the architecture of the Shibarium Network is its design. It features a validation layer that is generic and separate from different execution environments.
Stakers are rewarded for helping to validate the ledger. They do this by delegating their stake to validator nodes. Those validators do the legwork of replaying the ledger and send votes to a per-node vote account to which stakers can delegate their stakes.
The Ethereum layer basically points to the set of smart contracts employed on Ethereum blockchain. It is one of the important requirements for activating the Proof of Stake or PoS mechanism for Shibarium. The staking management contracts take responsibility for a major share of functions driving the Shibarium Network. Some of the important functions enabled by staking contracts include.
The Heimdall layer is the second entry in the three-layer architecture of Shibarium Network. It is one of the core elements in the Shibarium Network and performs many important functions. Heimdall layer helps in managing validators and selection of block producers and spans. In addition, it also works on managing the state-sync mechanism among Ethereum, Shibarium, and other important aspects of the system. Here is an overview of the important highlights of the Heimdall layer.
The Shibarium architecture & design also relies heavily on validator key management in the Heimdall layer. Validators can utilize two keys for managing all validator activities on the Shibarium Network. The two keys are the signer key and the owner key.
A Proof of Stake layer for Tendermint is built on top of Heimdall & Bor. When two-thirds of the validators sign a checkpoint, it becomes part of the root chain.
Shibarium offers a solution for users whose plasma chain assets have been compromised, as they can initiate a mass exit using rootchain smart contracts.
The DApps on Shibarium can utilize either pure Plasma security or pure Proof of Stake security, or a hybrid approach that combines both.