Shardeum Description

Shardeum represents a blockchain that utilizes EVM and features autoscaling capabilities. Its innovative dynamic state sharding allows for consensus to be achieved at the transaction level, which enhances speed through parallel processing and minimizes transaction fees. With a unique hybrid of proof-of-stake and proof-of-quorum for consensus and an automatic rotation feature, Shardeum prioritizes security throughout its operations. This permissionless platform empowers community members to operate nodes that boost transactions per second (TPS), enabling participation from individuals regardless of their geographical locations or backgrounds. Entirely community-driven, Shardeum is created, managed, and used by its users, aiming to onboard more than a billion individuals into the blockchain and cryptocurrency ecosystem. Similar to how the Internet functions, Shardeum seeks to foster an open, collaborative environment that democratizes access to decentralization. Additionally, Shardeum is designed as a linearly scalable smart contract platform that guarantees low gas fees indefinitely, ensuring sustainability for its users. Ultimately, Shardeum embodies the future of blockchain technology with a commitment to inclusivity and efficiency.

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Company Details

Company:
Shardeum
Headquarters:
Switzerland
Website:
shardeum.org

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