Shardeum has unveiled its mainnet after a testnet part that attracted greater than 1.4 million individuals from throughout the globe, setting a brand new document for Layer 1 testnet validator nodes.
In line with the official press launch despatched to crypto.information, the EVM-based autoscaling community not too long ago launched its mainnet after a month-long delay. Its testnet part generated greater than 171,000 physically-run public validator nodes, the best variety of validator nodes ever recorded on a Layer 1 testnet.
The protocol’s mainnet is designed to resolve the “scalability trilemma,” which primarily permits world customers and builders to take care of decentralization, scalability, and affordability with out sacrificing a single facet in favor of one other.
The community is provided with a novel skill to breakdown its workload into smaller elements, referred to as “shards,” which permits the challenge to make sure transaction validation run in parallel. Initially, the mainnet genesis will start with 256 validators combining collectively to type two shards.
On account of its shard-like strategy, the mainnet affords numerous options together with the flexibility to run nodes in below one minute by means of a single-command set up, with out requiring participators to make use of heavy {hardware} or a big stake. Furthermore, Shardeum’s strategy retains gas fees at the least, remaining as little as $0.01, even when community congestion is excessive.
Upon launch, the mainnet will probably be assist by numerous trade gamers together with treasury operations agency PrimeVault, validator and operator service Mintair and airdrop and token vesting supervisor Tokensoft. The community is launching with greater than 60 open-repositories together with an revolutionary validator accountability system that entails computerized rotation of persistently under-performing nodes.
Shardeum’s token distribution
Shardeum’s native token, SHM, may even be launched alongside its mainnet, with a complete circulating provide of 249 million tokens. In line with the challenge’s tokenomics, round 36.72% will go to the group token sale whereas 30.6% of the tokens will probably be allotted to the workforce. Each token distributions include a 3-month cliff interval and a two-year each day linear vesting timeline.
In the meantime, 22.44% of tokens will go to the challenge’s basis and will probably be unlocked in the course of the token technology occasion. The identical applies for 10.23% of tokens allotted to the ecosystem and airdrop distribution. The protocol’s token will probably be used for numerous on-chain features, together with governance, staking, and fuel funds.
To this point, SHM is ready to be listed on main crypto exchanges together with BitMart, CoinW and MEXC. Alternatively, the mainnet will probably be built-in into EVM-supporting wallets, comparable to MetaMask, OKX Pockets, and Trust Wallet.
Chief Expertise Officer of Shardeum, Srini Parthasarathy stated the launch of the challenge’s mainnet is not only a technical milestone, it’s also proof that it’s potential to resolve what many deemed because the “blockchain trilemma,” which frequently resulted in a trade-off.
“Launching mainnet with a record-size grassroots validator set is strictly the sort of milestone that convinces us Shardeum would be the basis for the following wave of Web3 functions,” stated Parthasarathy.
Within the later half of 2025, Shardeum expects builders to start out testing smart-contract performance, adopted by secure dApp deployments quickly after.
As beforehand reported by crypto.information, Shardeum’s mainnet launch was initially slotted for April 15. Nonetheless, it was ultimately delayed to Could as a consequence of unfavorable market situations.