Shardeum, an EVM-based Layer-1 blockchain, has achieved a significant milestone with its Incentivized Testnet (ITN) Stage 3 surpassing 7 million transactions in under 20 days since launch. Remarkably, it took only 9 days to reach 3 million transactions on ITN Stage 3. This rapid achievement demonstrates the growing adoption of the testnet as Shardeum continues on its path towards the Mainnet launch.
ITN Stage 3, which was initiated on October 1, 2024, is aimed at stress-testing the network under real-world conditions. With participation from both on-chain contributors and validators, the platform enables users to engage in quests, run validator nodes, and earn exclusive rewards like XP, NFTs, badges, and $SHM airdrops. Shardeum’s ITN has quickly gained momentum, with community participation playing a crucial role in fortifying the network’s performance.
Chris Chabot, VP of Developer Relations at Shardeum, remarked, “Surpassing 7 million transactions in such a short span is a clear demonstration of Shardeum’s robust scalability and the strong support from our community. This milestone illustrates the potential of our network as we gear up for the Mainnet launch. The active participation from users and validators has been invaluable in stress-testing the platform. As we move towards crossing more milestones, it’s exciting to see Shardeum setting new standards for decentralized and scalable blockchain technology.”
As Stage 3 progresses, participants can expect more opportunities to complete on-chain tasks, social challenges, and validator activities to further test the network’s capabilities. Shardeum remains focused on refining its autoscaling Layer-1 blockchain through dynamic state sharding, ensuring low gas fees and high transaction throughput as user participation grows.
For more information about their ITN visit the website here: https://shardeum.org/
About Shardeum
Shardeum is an autoscaling EVM-based layer-1 blockchain. Dynamic state sharding helps keep gas fees low and TPS high as participation grows. Shardeum performs consensus at the transaction level and lowers the computational power needed for validator nodes. This consensus mechanism makes it possible for anyone to run a node while increasing decentralization.