DeltaHub Capital Investment In Shardeum

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DeltaHub Capital

3 min readSep 16, 2022

As the blockchain revolution continues, the strain on the respective blockchain increases, causing users to experience latency and delays. Many solutions have been proposed, and one of the most innovative use cases of sharding has been Shardeum, the world’s first EVM-based L1 blockchain that truly solves the scalability trilemma with linear scaling and low latency. DeltaHub Capital are excited to be partnering with such a game-changing product, and we hope that this partnership will bear mutual understanding and benefit in the long run.

Co-founder and CEO of WazirX Nischal Shetty, and US-based blockchain architect Omar Syed created Shardeum to address the issue of scalability and to achieve a truly unlimited blockchain. It is built on a linearly scalable, smart contract architecture that guarantees minimal gas prices in perpetuity while preserving real decentralization and offers excellent security.

Why Choose Shardeum EVM Scalability Solution?

Scalability can also be achieved by building atop of L2 chains but there is a catch with L2 systems as they may make a decentralization compromise and have caps. Also L2s have the tendency of becoming more expensive as more people use them. Shardeum believes that a decentralized web should be affordable and accessible to all, which is why they are based on a “Ethereum Virtual Machine (EVM)” compatible sharded blockchain that enables unlimited scalability, true decentralization, and solid security.

What is EVM?

We have already established why EVM is the go to choice for scalability solution, let’s see what exactly this term is?

EVM-Ethereum Virtual Machine is a piece of software that executes smart contracts and computes the state of the Ethereum network after each new block is added to the chain. The EVM sits on top of Ethereum hardware and node network layer.

EVM on Web 3.0 uses open source blockchain to handle server virtualization across multiple systems using network protocols. The technology is primarily operated and maintained by independent nodes within the network, resulting in a high degree of decentralization. Additionally, EVM has evolved to perform and perform all logical steps of computing functions through “smart contracts” with an unprecedented level of automation.

Why Choose Shardeum?

As previously stated, Shardeum is EVM compatible, which means that if you are an Ethereum or Ethereum-based developer, you do not need to alter your application code to launch new dApps built on Shardeum. EVM-based smart contracts can be readily converted to the Shardeum network. This immediately makes it user-friendly, since anybody acquainted with EVM can simply deploy a smart contract written in Solidity or Viper to Shardeum and never worry about growing gas costs.

Shardeum, unlike other L1 blockchains, combines breakthrough technology such as dynamic state shading and proof of Quorum, allowing atomic processing of cross transactions. In summary, it is quicker, cheaper, and more secure.

Key Features of Shardeum

In conclusion, Shardeum has the following advantages and features that make it stand out from its competitors such as :

EVM-based layer 1 blockchain
Linear scalability & low gas forever
Anyone can operate a node
Immediate finality & low latency
Solid security
High fairness & energy efficiency

Shardeum Social Channels

Website: https://shardeum.org/

Twitter: https://twitter.com/shardeum

YouTube: https://www.youtube.com/channel/UCO20LJZBF-lYbc6PWVvwkMA

Stay tuned for more updates through the DeltaHub Capital Channels

About DeltaHub Capital

DeltaHub Capital is a vibrant and active community which plays an important role in the crypto world. A tokenized decentralized Venture Capitalist (dVC) Pioneer of Community Governance Economic Model (C-GEM) and a battleground for gem hunting backed and supported by us!