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Decentralization for everyone

Shardeum is an EVM-based, linearly scalable smart contract platform that provides low gas fees forever while maintaining true decentralization and solid security through dynamic state sharding.

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The first linearly scalable L1 blockchain network that increases transactions per second (TPS) by adding more nodes.

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Shardeum features

EVM based layer 1 smart contract platform

Since you just need to deploy a smart contract written in developer-friendly languages like Solidity & Vyper on Shardeum, it is tailor-made for both new & existing developers to build dApp within minutes

Linear scalability & low gas forever

Every node that joins the Shardeum network immediately increases the transactions per second (TPS) and total capacity of the network to achieve linear scaling and ensure low transaction fees even as the usage grows.

Anyone can operate a node

Hardware requirements to operate a validator node are kept low by offloading historical data to archive nodes and adding more nodes to reduce the load on each validator.

Immediate finality & low latency

All transactions are guaranteed to be processed within a few seconds to ensure low latency and are irreversible once processed to achieve immediate finality.

Solid security

A leaderless Proof-of-Quorum (PoQ) consensus algorithm, Proof-of-Stake (PoS) with slashing, standby nodes, node rotation and permissionless participation - all contributes to boost the security of the network.

High fairness & energy efficiency

Shardeum processes transactions on a first-come, first-served basis, with the same gas rate for all transactions to ensure fairness and eliminate miner extractable value. As a PoS network, Shardeum is energy efficient and sustainable.

$SHM Tokenomics

Fixed supply of 508M $SHM

508M $SHM

51% node-mining

18% sale

15% team

11% foundation

5% ecosystem-airdrops

Fixed supply of

508M $SHM

51%

Node mining

259.08M $SHM

18%

Sale

91.44M $SHM

15%

Team

76.20M $SHM

11%

Foundation

55.88M $SHM

Ecosystem / Airdrops

25.40M $SHM

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Use cases

P2P transfers

Shardeum enables users to transfer value across the internet with no intermediaries while always retaining extremely low fees and immediate finality.

DeFi

High gas fees and low throughput bottleneck the current DeFi landscape. Shardeum provides a platform for scalable DeFi infrastructure with very low gas costs, making it affordable to both businesses and individuals.

EVM dApps

Shardeum is EVM-based. Contracts can be written in Solidity or Vyper and use the same Ethereum tooling such as Remix and Truffle. Join the Shardeum ecosystem, where users never have to worry about rising gas fees again.

NFTs

NFTs, assets that represent ownership of digitally unique items, have multitudes of applications ranging from real estate, digital certificates and IP rights to digital identities. NFTs on Shardeum will be fast, interoperable and user-friendly.

Web3

Web3, or the Internet of Value, is the next iteration of the internet. Shardeum aims to accelerate the transition to Web3 by providing a platform that enables decentralized UI & UX which will be superior to that of centralized peers.

Roadmap

Consensus algorithm defined and tested

Auto scaling and rate limiting an unhardened network of 20 nodes

Linear scaling (small sharded nodes)

Small / medium AWS network

- 100 nodes = 500 TPS

- 200 nodes = 1000 TPS

- 1000 nodes = 5000 TPS

2017 - 2021

Initial Prototype

- Demo of EVM integration with Shardus

Shardeum Foundation structured in Switzerland

Q1 2022

Alphanet 1.0 launch

- 20 node unsharded network operated by Shardeum

- Send transactions and deploy smart contracts

- Deployed to individual medium nodes on AWS in different regions

Private sale started

Q2 2022

Alphanet 2.0 launch

- 50 node sharded network operated by Shardeum

- 10 node shard size

- 5 archive nodes

- Deployed to individual medium nodes on AWS in different regions

- First smart contract platform to implement EIP2930

Private sale finished

Q3 2022

Betanet launch

- Community can operate validator and archive nodes

- Minimum network size of 1280 nodes with 200 TPS

- Sharded network with shard size of 128 nodes

- Node rotated between standby and active

Q4 2022

Mainnet launch

- Token Generation Event

- Public sale

Q1 2023

Team Shardeum

Nischal Shetty

Founder of WazirX, Crowdfire and a steward of the cryptocurrency industry in India. Nischal aims to bring decentralization to billions of people around the world.

Omar Syed

A distributed systems architect with 30 years of experience at NASA, Yahoo, Raytheon and Zynga. Omar envisions a world where scalable blockchain technology is used to eliminate global poverty and hunger.

Community

Shardians are the key pillar to Shardeum's success. Shardeum is being built from the ground up with the community's involvement aligned with the project's open, collaborative and community-driven (OCC) principle.

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Shardeum news

Yourstory | 24 Jun 2022

With Shardeum, WazirX founder aims to achieve infinite blockchain scalability

CNBC-TV18 | 18 Mar 2022

Unlike Other Blockchains, Shardeum Will Be Able To Solve Scalability Issues

Bloomberge Quint | 28 Feb 2022

Nischal Shetty's Shardeum Aims to Solve Blockchain's Big Problems

Economic Times | 4 Feb 2022

WazirX Founder Launches Blockchain Called Shardeum

Inc42 | 3 Feb 2022

Cryptopreneurs Nischal Shetty And Omar Syed Launch Blockchain Venture — Shardeum

Money Control | 2 Feb 2022

WazirX Founder Nischal Shetty To Launch New Project L1 Blockchain Network “Shardeum"

Yourstory | 2 Feb 2022

Cryptopreneurs Nischal Shetty And Omar Syed Unveil "Infinitely Scalable" Blockchain Project - Shardeum

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Read our blog

Explore exciting and diverse blog posts about the Web3 ecosystem contributed by community/content creators worldwide like you.

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Join the Community

Shardeum is a global community. Anyone can join us in the journey to onboard billions of people to Web3. Don't know how to code? Or not sure where to start? Don't worry. You can contribute as a content creator, community manager, language translator, developer, etc.

Get started and become an early adopter of the blockchain network by joining our Discord and other social media channels.

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