Research summary

Shardeum

Shardeum is the world’s first EVM-based L1 which uses dynamic state sharding to increase TPS with every new node.

Project summary

Shardeum is an EVM-compatible dynamically sharded blockchain with infinite scalability, true decentralization, and solid security. It aims to be a chain capable of onboarding over a billion people to the blockchain and crypto revolution. Like the Internet, will be open, collaborative, and community-driven and would democratize accessibility to decentralization. With a larger number of nodes will also have a higher degree of decentralization.

Shardeum also incorporates many unique features such as linear scaling, node rotation, load detection, and auto-scaling. While most platforms group transactions into blocks and apply consensus at the block level, Shardeum does consensus on each transaction separately. This reduces the time to process the transactions. Although dynamic sharding is more complex to implement than static sharding, it allows for true linear scaling

Tokenomics

Team

Core team:

  • Nischal Shetty
    Founder and CEO. He is innovative and the CEO of WarziX, the biggest exchange in India. Software engineer. HE is also the founder of Crowdfire, a web services that manages social media profiles with more than 20 M users. He is part of the Forbes 30 under 30.  
  • Omar Syed
    Co-founder. DLT Architect. For the last 3 decades Omar has helped big companies, such as NASA, Yahoo and Zynga to build highly scalable, fault tolerant, distributed systems. Omar has a BS in Computer Engineering and a MS in Electrical Engineering, both at Case Western Reserve University, with a Specialization in Artificial Inteligence

Investors & partners

Partners: Spartangroup, Big Brain Holdings, Bison Fund, Balaji Srinivasan formerly CTO of Coinbase and General Partner at a16z

CATEGORY

Infrastructure

USE CASES

Infraestructure: Some infrastructure applications expected are

  • DeFi (Decentralized Finance)
  • EX(Decentralized Exchanges)
  • Physical and digital marketplaces
  • DAO tooling
  • Layer 2 scaling
  • Ecosystem builders including bridges to many other chains
  • Analytics, fraud detection and security

Community (Peer to peer): These are community built and community driven initiatives

  • Education
  • Environment: Sustainability and restoration
  • Identity
  • Peer to peer physical and digital commerce
  • Renewable energy markets
  • Metaverse- Open source, gamified, 3D AR/VR web experience with independenteconomies
  • Digital collectibles and fashion in the metaverse- most major fashion brands have alreadymade a move with NFT communities

Enterprises:

  • Affordable healthcare
  • Manufacturing
  • Supply chain
  • Smart infrastructure
  • Automation
SOCIAL STATS

TW: 125.9k Followers

DC: 219.75k Members

CURRENT PHASE

Just launched betanet Sphynx

IMPORTANT DATES

TGE: Q2 2023