About Shardeum Foundation
Shardeum is an EVM-based, linearly scalable smart contract platform designed to address the critical challenges faced by users and developers in the decentralized application (dApp) space. Many users experience frustration with rising gas fees and long transaction queues on existing blockchains that struggle to scale with increasing demand. This limits the widespread adoption of dApps and hinders the potential of a truly decentralized internet. Shardeum directly tackles these issues by offering a platform that can increase its transactions per second (TPS) capability with each new node added to the network. This dynamic state sharding technology ensures that gas fees remain consistently low, regardless of network traffic, making blockchain technology more accessible and affordable for everyone. Our customers, whether individual users, dApp developers, or businesses, seek a reliable, fast, and cost-effective blockchain infrastructure to build and interact with decentralized solutions. Shardeum provides this by enabling the creation of complex and interactive dApps without sacrificing the responsiveness and user experience expected from traditional applications.
The core mission at Shardeum is to onboard over a billion users to the Web3 revolution by democratizing access to decentralization. We understand that for dApps to achieve global adoption, the underlying blockchain must be robust, secure, and infinitely scalable. Shardeum's architecture, which combines Proof-of-Stake and Proof-of-Quorum consensus mechanisms, not only enhances security but also allows for transaction-level consensus, significantly speeding up processing times. This means users benefit from quick transaction confirmations, and developers can build applications that can handle high volumes of interactions seamlessly. Furthermore, Shardeum is committed to maintaining true decentralization by making it easy for anyone to run a validator node, contributing to network security and stability without requiring expensive, high-end hardware. By fostering a community-driven approach and ensuring compatibility with the Ethereum Virtual Machine (EVM), Shardeum empowers developers to migrate existing applications or build new, innovative solutions that can leverage the full potential of a scalable and decentralized future, free from the limitations of current blockchain technologies.
FAQs
- Which countries does Shardeum Foundation have remote employees in?
- Shardeum Foundation has employees in Switzerland.
- What benefits does Shardeum Foundation offer?
- Shardeum Foundation lists 6 benefits, including Remote Work, Mentorship for Open Source Contributors, LinkedIn Badges for Contributors, Contributor Recognition, and Community Growth and Access.
- Does Shardeum Foundation offer a four-day work week?
- Shardeum Foundation does not list a four-day work week among its benefits.
- What is Shardeum Foundation's tech stack?
- Shardeum Foundation lists 8 technologies in its tech stack, including GitLab, SQLite, Node.js, React, and Vue.js.
- When was Shardeum Foundation founded?
- Shardeum Foundation was founded in 2022.
- Who is the CEO of Shardeum Foundation?
- The CEOs of Shardeum Foundation are Nischal Shetty, Omar Syed.
- How many employees does Shardeum Foundation have?
- Shardeum Foundation has 51-200 employees.
- What industries or markets does Shardeum Foundation operate in?
- Shardeum Foundation operates in the following markets: Blockchain, Web3, Smart Contracts, Scalable Infrastructure, Cryptocurrency, Ethereum Ecosystem, Developer Tools, Distributed Ledger Technology, Consensus Mechanisms, and dApps.
- What is Shardeum Foundation's website?
- Shardeum Foundation's website is shardeum.org.
- Where can I find Shardeum Foundation on social media?
- You can find Shardeum Foundation on LinkedIn.