The first linearly-scalable, truly decentralized, sharded ledger.
All peer-to-peer networks built using Shardus will benefit from sharding and auto-scaling to provide high throughput, low latency, and immediate finality while maintaining the highest level of decentralization and security.
The supporting technology that allows for these features is our unique Shardus Consensus Algorithm, which is based on Proof-of-Quorum, in combination with the Shardus Distributed Ledger, which addresses the problems of linear scaling and state sharding as the network grows.
To incentivize development of Shardus, we will be issuing an ERC-20 token that will be given to developers who contribute to the project. A max supply of 1,000,000,000 (one billion) Shardus tokens (ST) will be created. Unissued tokens will be burned upon release of the Shardus main network. A report of issued tokens will be published each month.
The Shardus Token was previously called the "Unblocked Ledger Token" with the symbol ULT. It may still be listed on other sites and exchanges with this name and symbol.
We offer various bounties for social media influencers, video production, referring developers and more. Current bounties can be found here.
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Simulation and study of consensus algorithms started.
Specifications for Shardus Consensus Algorithm completed.
Specifications for Shardus Distributed Ledger completed.
Small-scale testing of the Shardus Consensus Algorithm was carried out.
Legal opinion on the project funding model was obtained.
The website and whitepaper were developed.
The Shardus project was officially launched.
The core team has been expanded with more developers.
Large-scale testing of the Shardus Consensus Algorithm will be carried out.
The Shardus node software will be developed.
The mobile and web wallet software will be developed.
We plan to file defensive provisional patents to protect the technology developed in this project.
The test network should be up for public testing during this time.
The mobile and web wallets will be available for use with the test network.
The Liberdus network explorer will be released for testing.
The main network for Liberdus should be up and ready for use.
Shardus is a project building the base software for a linearly scalable, truly decentralized, sharded ledger. This software can be used as a starting point for other public or private decentralized applications by adding a custom transaction layer. Decentralized application which are built using Shardus will be able to scale to accommodate more throughput as demand grows, by adding more nodes to the network. The first application to use Shardus is the Liberdus payment network and coin.
The first application built using the Shardus software will be the Liberdus payment network and coin. Liberdus will have very fast transaction times, very low transaction fees, and sustainable rewards for validators. Liberdus holders can participate in the future direction of the network by voting on economic parameters like transaction fees, validator rewards and a maintenance fund.
Yes, there is a token on the Ethereum network called Unblocked Ledger Token (ULT). In the near future this token will be renamed to Shardus (SHRD). The token is given in exchange for code development and bounty completion. The token is given at a rate of $0.10 per token. The token is not sold in a presale or an ICO.
There are several ways. If you are a developer you should fill out the Join form and apply to join the development team to earn tokens that way. We also post bounties from time to time and you can earn tokens by completing them. You can also buy or sell the tokens from the Bancor.network decentralized converter.
Once the project is completed, the source code will be made available under a Creative Commons BY-NC-SA license with a restriction on commercial use. After 10 years, it will be available under a Creative Commons BY license with no restrictions. Anyone interested in reviewing the code during development, may do so with a NDA which expires after the code is released.
In some ways it is similar to EOS since we are both building platform software and are distributing a token that can later be transferred to the network developed by the project. However, our network is technically very different in many ways. One key difference is our goal of maximum decentralization with many nodes able to join the network and low resource requirements for the nodes.
The development of Shardus will be incentivized by distributing the Shardus Token for code development and other bounties. There will not be any presale or ICO. If you are excited about this project and want to earn the Shardus Token, please apply to join our team. We are always looking for talented Node.js, Go and Haskell developers.