Shardeum Sphinx 1.1.5 is Live! Claim Test SHM & Run Your Nodes Now

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 network

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 dApps within minutes.

Dynamic state sharding

Nodes on Shardeum are assigned dynamic address ranges across multiple shards. Since the consensus takes place at the transaction level, the network will retain parallel and atomic processing of transactions resulting in linear scalability.

Linear scalability & low gas forever

Through dynamic state sharding, Shardeum will scale linearly. Every node that joins the Shardeum network immediately increases the transactions per second (TPS) capacity, thus ensuring low transaction fees even as the usage grows.

Anyone can operate a node

Since historical data on Shardeum will be offloaded to archive nodes on top of its linear scalability, hardware requirements to run a node on the network will be low. With the help of GUI, even non-technical users can run a node easily.

Autoscaling & high fairness

Shardeum will autoscale dynamically based on demand in the network keeping its operational cost low to retain low gas fees. The network will further process transactions on FCFS basis to ensure high fairness eliminating MEV.

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.

Shardeum Liberty Was a Success!

Top Alphanet Highlights

First demonstration of a state sharded blockchain with cross shard atomic composability

EIP 2930 automation for a streamlined developer experience

50 validator nodes with a shard size of 5 nodes

100 TPS network capacity

Network Growth Metrics

45,000+ smart contracts

105 ecosystem projects

540,000+ accounts

1.5 million+ transactions

Community Growth Metrics

300,000+ community members

50+ Meetups/Workshops ~ Proof of Community Events

30,000+ newsletter subscribers

714 developers participated in Shardeum Missions

$SHM Tokenomics

Fixed supply of

508M $SHM

51%

Node mining

18%

Sale

15%

Team

11%

Foundation

Ecosystem / Airdrops

Fixed supply of

508M $SHM

51%

Node mining

18%

Sale

15%

Team

11%

Foundation

Ecosystem / Airdrops

Stay updated with Shardeum News

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

Liberty 2.1 Upgrade

- EIP-2930 automated

- 100 TPS capacity

Q4 2022

Betanet launch

- Sphinx 1.0 with 150 TPS, 150 validators and 21 node shard size

- Sphinx 1.1 with 250 TPS, 1280 validators and a 128 node shard size

- Nodes and validators are open source to run by the community

- Validator Dashboard (GUI) launch

- Staking, auto scaling, node rotation and node rewards enabled

- External security audits and bug bounties

Q1 2023

Mainnet launch

- 1280 minimum validators

- Autoscaling enabled providing linear scalability

- Archivers open source to run by community

- Token Generation Event

- Public sale

Q2 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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