Shardeum is a new layer-one smart contract platform that aims to improve upon current platforms like Ethereum, focusing on better scalability and decentralization. It's designed to support decentralized applications and asset transfers efficiently.
Shardeum has updated the whitepaper to explain the improvements in its tokenomics.
In summary, Shardeum is a smart contract platform that offers scalable, secure, and decentralized solutions for applications, aiming to overcome limitations of platforms like Ethereum. It's user-friendly and geared towards the current needs of the blockchain community.
Scalable Design
Uses dynamic state sharding to scale linearly with new nodes, addressing scalability issues.
Fast Transactions
Achieves consensus at transaction level for quicker, atomic processing across shards.
Full Compatibility with Ethereum dApps
Easy migration for Ethereum-based apps due to Ethereum Virtual Machine compatibility.
Lower Costs
Aims to reduce transaction fees by enhancing scalability and speed.
Developer Support
Supports Solidity and Vyper, with plans for a user-friendly explorer like EtherScan.
Market Newcomer
New platform, untested under real-world conditions, with performance yet to be proven.
Strong Competitors
Faces competition from other state-sharding platforms and established blockchains.
Sharding Complexity
Offers scalability but introduces complexity that may lead to security issues.
Adoption Hurdle
Compatibility with EVM helps, but attracting users and developers is crucial for success.
Regulatory Uncertainty
May encounter regulatory challenges affecting growth and adoption.
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