Shardeum has unveiled its mainnet after a testnet part that attracted greater than 1.4 million members from throughout the globe, setting a brand new file for Layer 1 testnet validator nodes.
In keeping with the official press launch despatched to crypto.information, the EVM-based autoscaling community lately launched its mainnet after a month-long delay. Its testnet part generated greater than 171,000 physically-run public validator nodes, the very best variety of validator nodes ever recorded on a Layer 1 testnet.
The protocol’s mainnet is designed to unravel the “scalability trilemma,” which basically permits world customers and builders to take care of decentralization, scalability, and affordability with out sacrificing a single side in favor of one other.
The community is supplied with a novel capability to breakdown its workload into smaller components, 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.
As a result of its shard-like strategy, the mainnet gives plenty of options together with the power to run nodes in underneath one minute by a single-command set up, with out requiring participators to make use of heavy {hardware} or a big stake. Furthermore, Shardeum’s strategy retains gasoline charges at the least, remaining as little as $0.01, even when community congestion is excessive.
Upon launch, the mainnet will likely be help by plenty of 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 constantly under-performing nodes.
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Shardeum’s token distribution
Shardeum’s native token, SHM, can even be launched alongside its mainnet, with a complete circulating provide of 249 million tokens. In keeping with the challenge’s tokenomics, round 36.72% will go to the group token sale whereas 30.6% of the tokens will likely 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 likely 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 likely be used for numerous on-chain capabilities, together with governance, staking, and gasoline funds.
Up to now, SHM is ready to be listed on main crypto exchanges together with BitMart, CoinW and MEXC. Alternatively, the mainnet will likely be built-in into EVM-supporting wallets, akin to MetaMask, OKX Pockets, and Belief Pockets.
Chief Know-how Officer of Shardeum, Srini Parthasarathy mentioned the launch of the challenge’s mainnet is not only a technical milestone, it’s also proof that it’s potential to unravel 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 type of milestone that convinces us Shardeum would be the basis for the subsequent wave of Web3 purposes,” mentioned Parthasarathy.
Within the later half of 2025, Shardeum expects builders to begin 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 attributable to unfavorable market situations.
Learn extra: Shardeum layer 1 confirms its token will launch on Could 5 after a number of delays
