Shardeum is an undervalued diamond

NikySeLke
5 min readJan 20, 2023

Hi guys, I’ve been wanting to tell you about the Shardeum for a long time, I think it’s a diamond that a lot of people miss, and today I’ll tell you why I think so.

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. You can find more information here.

Below are the features of the project he called

the project focuses on two main components
1. It’s low gas
2. Capacity

That said, Shardeum says that with more nodes, bandwidth will only grow and node operators can become anyone.

I’d like to point out that the project uses a different consensus system — POQ.

Proof of Quorum means to generate a receipt showing that a majority of the consensus group has voted for the transaction. Each node in the consensus group signs the transaction hash and gossips it to other nodes in the consensus group. Nodes collect these votes, and when the number of votes is more than 50%, these votes form a receipt that can prove consensus on the transaction.

Tokenomics

And now for the fun part, tokenomics, and we’re interested in the last column, 5% we have for the community. And based on the fact that the total supply is 508 Million dollars, it turns out that the total amount allocated to the community is 25,400,000, which is a very impressive amount.

Roadmap

Then let’s move on to the Roadmap, also one of the important components of a qualitative analysis of the project, it is important to note that so far all these points are executed in accordance with the plan.

What I want to say is that the Mainnet is planned for the first quarter of 2023, so we should hurry up so that we don’t miss such a good opportunity.

Team

What can we say about the project team? That they are founders with many years of experience in major companies, who know how to run a business, as well as the web3 specialists.

Let’s look at some of them

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. His linkedin

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. His linkedin

Influencers and other aspects

It should be noted that the project is monitored on Twitter by large foundations, as well as the so-called angels, which also goes to the benefit of the project. In addition, today you could see the following response from a representative of shardeum.

Disadvantages: Of the minuses I noticed frequent problems in the network when running tests, but recently it has become much better, most likely due to an increase in the number of nodes, also would like to moderation in the discord more often answered, I for example still have not received an answer to my question, although working with the audience is an important part.

What can be done?

  1. Shardex is one of the top and high-quality DEX on the Shardeum, with working features and its own bridge, the project is signed by Co-Founder Shardeum (Nischal).
    Just launched Testnet, where we will get points for completing tasks, for which we can expect future awards and retrodrops.
    To participate:
    Adding Liberty 2.1 Testnet via Chainlist
    - Get test tokens from the Faucet , if it does not work for anyone, you can request tokens Discord
    - Go to website and connect and make some swaps
    - Also test pool and farm
    - To test Bridge— you need to get SBT token
    How to participate in the drop and get SBT token:
    - Go to the tab Reward connect your wallet and social networks — then invite 3 friends, so you can get SBT token
  2. swapped.finance

It is also necessary to swap tokens and add them to the liquidity pool as shown below

confirm the transaction and wait

now add the liquidity pool

Approve our transaction and then confirm it

You can also take the quiz at this link

correct answers:
1. Shardeum
2. 0.3
3. 0.21

after that we brand the badge

3. Deploy the smart contract, how to do it you can find out here.

4. Mint domain on Shardeum Name Service, you can also do it here, in the Mainnet Polygon network and your domain will be automatically transferred to Mainnet Shardeum. Enter a nickname and mint

Here we enter the name of the domain and if it is available, then also the mint

5. NFT Marketplace Spriyo — test all the functionality, buy/sell. Also get XP in their Crew3

6. shardeumswap — another dex which also swap tokens and add liquidity

7. We use the secondary sites Disperse and Shardeumtest

Thank you for your attention, that’s all I have, once again I remind you that you should hurry because the rewards promise to be good.

Social media:

Twitter: https://twitter.com/Nikitont
Discrod: Nikiton#9410

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