Key Takeaways
- Shardeum is a Layer 1 blockchain, a foundational network for building decentralized applications (dApps).
- The project tackles the scalability challenges in blockchains, aiming to handle many transactions per second (TPS) without compromising security or decentralization.
- In February 2024, Shardeum announced a three-phase airdrop for those who participated in their testnet program since February 2022. Stay tuned for updates on the exact dates.
What Is Shardeum?
Shardeum is a blockchain platform built for Ethereum Virtual Machine-based applications that tackle scalability issues. Unlike other blockchains, Shardeum can handle more transactions as more computers (validators) join the network, all without compromising security or the ability for different parts of applications to work together seamlessly. This means Shardeum should be able to keep transaction fees low even as it becomes more popular.
Here’s a breakdown of what Shardeum is about:
- EVM-Based Layer-1 Blockchain – Shardeum is built on the Ethereum Virtual Machine (EVM), which is compatible with existing Ethereum smart contracts and developer tools.
- Linear scalability – Shardeum utilizes dynamic state sharding to achieve scalability. This means the network can process more transactions per second (TPS) as more validators join the network, ideally keeping transaction fees low.
- Security And decentralization – Shardeum claims to maintain a good balance between security and decentralization through a combination of proof-of-stake and proof-of-quorum consensus mechanisms and other security features.
- Goals – Shardeum’s goal is to onboard a massive number of users (over a billion, according to their website) onto the blockchain by providing a secure, scalable, and accessible platform for decentralized applications (dApps) and the future of Web3.
How To Qualify For An Airdrop?
Shardeum announced a three-phase airdrop for testnet participants in early February 2024. While details on the exact date for Phase 1 haven’t been revealed yet, they have confirmed it will reward everyone who participated in the testnet since February 2022.
To participate in the testnet program and potentially qualify for the upcoming airdrop:
👉 STEP 1: Go to https://docs.shardeum.org/network/endpoints.
👉 STEP 2: Prepare a MetaMask wallet.
👉 STEP 3: Click the “Connect to Shardeum Sphinx 1.X” button.
👉 STEP 4: Approve “New Network.”
👉 STEP 5: Join its community https://discord.com/invite/shardeum.
👉 STEP 6: Go to the Faucet section on the Discord Channel.
👉 STEP 7: Type “/faucet” along with your MetaMask address.
👉 STEP 8: Go back to STEP 1 to start testing.
Final Thoughts
That’s about it for this airdrop guide! If you have any questions, please do not hesitate to contact us on our official social media channels. Good luck!
