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    Home»Markets»Shardeum’s ITN Stage 3 Surpasses 15 Million Transactions Milestone
    Shardeum’s ITN Stage 3 Surpasses 15 Million Transactions Milestone
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    Shardeum’s ITN Stage 3 Surpasses 15 Million Transactions Milestone

    By Crypto EditorDecember 11, 2024No Comments2 Mins Read
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    New York, United States, December tenth, 2024, Chainwire

    Shardeum, an autoscaling EVM-based Layer-1 blockchain, has achieved a milestone with its Incentivized Testnet (ITN) Stage 3 surpassing 15 million transactions in simply over 60 days because the launch of Stage 3. The speedy progress of Shardeum demonstrates rising adoption. As well as, the ITN has additionally attracted over 17,000 validators, showcasing Shardeum’s low boundaries to entry as a validator. 

    ITN Stage 3, initiated on October 1, 2024, is aimed toward stress-testing the community beneath real-world circumstances. With participation from each on-chain contributors and validators, the platform permits customers to have interaction in quests, run validator nodes, and doubtlessly earn unique rewards like XP, NFTs, badges, and $SHM airdrops.

    Chris Chabot, VP of Developer Relations at Shardeum, remarked, “The speedy progress and adoption of Shardeum’s ITN is proof optimistic of the curiosity in our dynamic-state sharding resolution. The dimensions and velocity of transactions reveal our strong scalability as we gear up for the Mainnet launch. We wish to proceed to thank customers and validators for his or her lively participation in supporting our efforts to set a brand new normal for decentralized and scalable blockchain expertise.

    Along with ITN Stage 3, Shardeum has facilitated a number of Bug Bounty Packages and Safety Audits backed by $1M of rewards to validate the safety and capabilities of the community diligently.


    As Stage 3 progresses, members can anticipate extra alternatives to finish on-chain duties, social challenges, and validator actions to additional check the community’s capabilities. With continued momentum in ITN Stage 3 and vital developments on the horizon, together with alternatives for the neighborhood to play a fair larger function in decentralizing the community via initiatives just like the upcoming node sale, Shardeum is laying the groundwork for the subsequent vital section of its journey towards mainnet readiness. 

    For extra details about their ITN, customers can go to the web site right here: https://shardeum.org/ 

    About Shardeum

    Shardeumis an autoscaling EVM-based layer-1 blockchain. Dynamic state sharding helps hold fuel charges low and TPS excessive as participation grows. Shardeum performs consensus on the transaction stage and lowers the computational energy wanted for validator nodes. This consensus mechanism makes it attainable for anybody to run a node whereas rising decentralization.

    Contact

    Director of Communications
    Priyanka Sharma
    Shardeum
    [email protected]



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