Thread by @NischalShetty

1/ Announcing Shardeum

@shardeum will be a sharded, infinitely scalable, completely decentralized L1 blockchain

In a few years Crypto will grow to over 1 Billion people

We want to provide a scalable, affordable & decentralized solution

More in thread below 🚀

#BuildForCrypto

2/

I’ve been spending a lot of time figuring out what the solution to the current scalability issue should be

I was lucky enough to have met @OmarUnblocked in 2019. He has been quietly working on building a sharded blockchain from scratch since 2018

3/ I have always been amazed at the conviction he’s had and the progress he has made in building a sharded scalable blockchain

In 2021, we ideated and figured that a smart contract platform would be the best way to further progress this sharded blockchain

4/ We decided to use EVM because we’re not here to reinvent the wheel. We don’t want to divide the community that already exists

The innovation of Shardeum is in making compute and state sharding possible. For everything else, if there is a good solution, we’ll use that

5/ We aim to follow a process we’ve created called OCC

Open:
The idea is that we will be open about everything we do

Collaborative:
We will collaborate with everyone (EVM is example)

Community Driven
For us, Team = Community

Read: docs.google.com/document/d/1Mq…

6/ Every information we share with team will be publicly accessible for the community to view

Here’s the folder that you can bookmark. Everything will be dropped here by the team

drive.google.com/drive/folders/…

It’s going to be fun and interesting to build with YOU 🚀

7/ We will release our Whitepaper soon

The non profit foundation for Shardeum is currently under process

Everything is a work in progress including the logo!

We want you to participate in building this from the ground up

Together with you, we’ll accomplish the mission 🤝

8/

I look forward to building out the Shardeum community and platform with each and every one of you

There are tons of ways to participate and contribute

Shardeum is like the Internet, owned by no one, owned by everyone

This is Day 1

#BuildForCrypto #Shardeum #Shard $SHM