### What is Shardus?

Shardus is a distributed ledger software project designed to support global-scale decentralised applications. Its main focus is to address scalability, decentralisation, and efficiency issues found in traditional blockchains by using innovative technologies like sharding and auto-scaling. This enables high throughput, low latency, and immediate finality while maintaining security and decentralisation.

### How does Shardus work?

Shardus leverages a combination of cutting-edge technologies to function efficiently:

- **Sharding**: It employs compute and state sharding to enhance scalability, allowing billions of daily active users. This method ensures that as the number of nodes increases, so does the network's processing capacity.
- **Consensus Mechanism**: Utilising a novel mix of Proof-of-Stake (PoS) and Proof of Quorum (PoQ), Shardus ensures validators with a significant stake validate transactions. This combination allows for fast, secure transaction processing.
- **Blockless Processing**: Transactions are handled individually rather than in groups or blocks, which reduces latency and improves finality.
- **Auto-scaling**: The network can automatically adjust the number of nodes, aiming for an optimal size, ensuring both efficiency and decentralisation.
- **Smart Contracts**: Through Shardeum, an EVM-compatible platform built with Shardus technology, it offers high throughput and low transaction fees.

### What are the potential use cases for Shardus?

Shardus provides numerous use cases catering to different needs:

- **Decentralised Applications**: Its technology supports building scalable peer-to-peer networks, smart contract platforms, and other decentralised services.
- **Financial Services and Communications**: These sectors benefit from its scalable and efficient infrastructure for payments and data transactions.
- **Liberdus Network**: A specific example includes the Liberdus peer-to-peer payment network, highlighting Shardus's functionalities in real-world settings.

### What is the history of Shardus?

The history of Shardus outlines its evolution and milestones:

- **Founding**: Originally known as Unblocked Ledger Coin, it rebranded to Shardus as its vision and technology expanded.
- **Technological Advances**: Development included unique consensus algorithms like PoQ and PoS, and demonstrated auto-scaling and linear scaling capabilities.
- **Ecosystem Growth**: Projects like Liberdus and Shardeum illustrate its practical applications and partnerships, boosting its presence in the decentralised technology landscape.
- **Market Development**: Shardus has continued to grow, with adaptations in technology, such as transitioning its code base to TypeScript, and maintaining a strong market valuation.

Shardus

Deposits and withdrawals are not currently available for this coin.

Important Notice

Ethereum

Cardano

Hedera

Avalanche

Cronos

NEAR Protocol

Bittensor

Mantle

Polkadot

Internet Computer

Ethereum Classic

Quant

ATOM

Kaspa

Polygon

Flare

XDC Network

Aptos

Arbitrum

Shardus (ULT)

Similar Coins

ETH

ADA

HBAR

SUI

AVAX

CRO

NEAR

TAO

MNT

DOT

ICP

ETC

QNT

ATOM

KAS

POL

FLR

XDC

APT

ARB

Resources

Shardus (ULT) Price Index

Shardus Price

Trading volume

Market cap

Resources