Shardeum's network protocol completed its testnet phase, reaching 171,000 validators and setting a new standard for Layer 1 blockchain networks.
Shardeum's Achievements on Testnet
Shardeum, the autoscaling Layer 1 blockchain network, has reached 171,000 validators on its testnet, the highest recorded for a Layer 1 network. During this phase, over 81 million transactions were processed, and 1.2 million wallets were onboarded.
Successes and Leader Quotes
The ITN phase alone saw over 52,000 physically run validators, marking it as one of the top-performing ITNs in the Layer 1 ecosystem. Shardeum's CTO, Srini Parthasarathy, noted that the successful testnet demonstrates the feasibility of a high-performance, decentralized blockchain. CITE_W_A: Shardeum has lightweight validator requirements that lower technical and time barriers to participation.
Future Development and Plans
Shardeum is launching a phased rollout of its mainnet following its successful testnet phase. With an autoscaling architecture and dynamic sharding, they aim to provide low fees and validator access. Shardeum also conducts a token sale and works towards supporting widespread Web3 adoption.
Shardeum has showcased impressive results, setting node records for a Layer 1 network, and continues its progress towards mainnet launch and supporting scalable Web3 infrastructure.
