Shardeum (SHM) Live Price and charts Today

1 Shardeum (SHM) Price Today in USD is -

Shardeum (SHM) = - USD

Shardeum (SHM) all-time high (ATH) is - USD

The maximum supply of Shardeum (SHM) is Unknown

Shardeum (SHM) 24h volume is - USD

Shardeum (SHM) Market Cap is - USD

Shardeum

Oops! Data Untracked.

Shoot us an email via research@tokeninsight.com if you have feedback for this token.

  • Rank #N/A
  • Market Cap -
  • 24H Spot Volume
  • 24H Volume / Market Cap -
  • Circulating Supply -
  • Total Supply -
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID shardeum copy duigou
  • Project Start Date -
  • Contracts & Explorer(s)
  • Websites Website
  • Links
    • icon
    • icon
    • icon
    • icon
    • icon
    • icon
    • icon
    • icon
About SHM Roadmap & Milestones
Shardeum is a layer 1 blockchain that tries to solve the scalability trilemma with the sharding technique. Shardeum is linearly scalable and operates with a unique consensus mechanism that combines Proof-of-Quorum (PoQ) and Proof-of-Stake(PoS).

Shardeum is a horizontal solution that scales via sharding.

Shardeum claims to be linearly scalable, meaning the network TPS can be increased by adding more nodes. Shardeum’s dynamic sharding structure is complemented by a unique consensus mechanism that combines Proof-of-Quorum (PoQ) and Proof-of-Stake. The combination allows the network to be secured via a trustless collection of votes and staking by validator nodes.

In addition, consensus on the Shardeum network is reached on the transaction level rather than the block level. This allows a transaction that affects multiple shards to be processed simultaneously by these shards rather than consecutively as with block-level consensus. 

*Learn more in our report discussing in details Shardeum ($SHM) and other emerging new layer blockchain projects - Beyond Aptos, Sui & Canto | An in-Depth Guide to the Emerging Alt-L1s

Shardeum has launched the Devnet and is preparing for the testnet launch. The detailed launch date of its mainnet is not disclosed yet. 

The max supply of $SHM is 508,000,000. 

  • Node Mining 51%
  • Sale 18%
  • Team 15%
  • Foundation 11%
  • Ecosystem 5%

Dynamic Sharding

Shardeum has yet to release details about its sharding technology. But on a high level, it is unique because it is dynamic. Nodes on the Shardeum network are not fixed to a particular shard. Instead, they are free to move around to satisfy increasing demand in a particular shard.

Nischal Shetty and Omar Syed co-founded Shardeum. Nischal Shetty is the founder of WazirX, the largest cryptocurrency exchange in India. On the other hand, Omar Syed is the founder of Shardus, a blockchain-based software company focused on sharding and scaling technology. 

The team of Shardeum primarily comprises software engineers who worked at WazirX and Shardus.

Expand
Related News
Layer1 Blockchain Shardeum Raises $5.4M with Participation from Amber Group and Others Layer1 Blockchain Shardeum Raises $5.4M with Participation from Amber Group and Others
ZetaChain resumes block production after a six-hour outage ZetaChain resumes block production after a six-hour outage
Chainlink launches private blockchain transactions for institutions Chainlink launches private blockchain transactions for institutions
Circle is launching USDC on Sui, marking its 15th network integration Circle is launching USDC on Sui, marking its 15th network integration
Layer 1 Blockchain Sei Introduces New V2 Roadmap Layer 1 Blockchain Sei Introduces New V2 Roadmap
Latest News More More
11 Hours Ago Coinbase shares drop 15% after weaker-than-expected earnings report
1 Day Ago Coinbase pledges $25 million to Fairshake PAC for pro-crypto candidates in 2026 midterms
1 Day Ago MicroStrategy announces plan to raise $42 billion to buy more bitcoin
2 Days Ago Filecoin's largest protocol Glif set to airdrop 100 million tokens
2 Days Ago BlackRock’s IBIT dominates as spot bitcoin ETFs record $870 million in daily inflows, largest since June
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open