Introducing Shardus


The foundation for global-scale decentralized applications.

Shardus is building distributed ledger technology to remedy the problems of traditional blockchains -- scalability, decentralization and efficiency. The technology being developed will use compute and state sharding to accommodate billions of daily active users, allowing for global-scale decentralized application. The first application built with this technology will be a payment network and coin called Liberdus.

Technology

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.

Features

Shardus logo
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Fast

Transactions are processed immediately and not grouped into blocks resulting in fully confirmed transaction times of just a few seconds.
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Scalable Processing

Transactions are routed to groups of nodes (shards) so that not all nodes have to process all transactions and the network can scale to millions of transactions per second.
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Scalable Storage

State data is distributed across multiple shards resulting in networks that can hold trillions of accounts without requiring each node to provide petabytes of storage.
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Truly Decentralized

Off the shelf computers can be used as full nodes to earn a steady regular income without joining mining pools and providing the highest level of decentralization.
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Secure

Proof-of-Quorum consensus provides the highest level of security and data consistency while maintaining energy efficiency.
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Sustainable

Fixed periodic distributions given to nodes for providing resources removes the variance in reward and allows for long-term sustainable incentives.

Token

To incentivize development of Shardus, we are giving an ERC-20 token to developers, advisers, promoter, bounty hunters and others who contribute to the project. If you want to earn Shardus tokens, please let us know what you can do for the project. A report of distributed tokens will be published each month. Public projects which use the Shardus software will need to distribute a portion their coins to the Shardus tokens holders. Enterprises that use the Shardus software will need to obtain a license token by sending Shardus tokens to the Shardus smart contract which will burn the tokens and issue a license token.


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.


This widget to trade Shardus Tokens is provided by Bancor.network and the Shardus Tokens available to buy are offered by individuals who have earned the tokens. They are not offered by the Shardus project.

Bounties

We offer various bounties for social media influencers, video production, referring developers and more. Current bounties can be found here.


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Roadmap

  • 2011

  • Q4 2011

    ✓ Research Started

    Simulation and study of consensus algorithms started.

  • 2016

  • Q2 2016

    ✓ Consensus and Ledger Design Started

    Design of consensus algorithm and distributed ledger started.

  • 2017

  • Q2 2017

    ✓ Consensus Algorithm Defined

    Specifications for the consensus algorithm completed.

  • Q3 2017

    ✓ Ledger Specs Defined

    Specifications for the distributed ledger completed.

  • Q4 2017

    ✓ Consensus Algorithm Testing

    Small-scale testing of the consensus algorithm was carried out.

  • 2018

  • Q1 2018

    ✓ Legal Counsel

    Legal opinion on the project funding model was obtained.

     

    ✓ Launch Preparation

    The website and whitepaper were developed.

  • Q2 2018

    ✓ Project Launch

    The project was launched as Unblocked Ledger Coin. No ICO needed.

     

    ✓ Team Expanded

    The core team has been expanded with more developers.

  • Q3 2018

    ✓ Rebranding

    The Project was rebranded from Unblocked Ledger Coin to Shardus (technology) and Liberdus (payment network and coin built on Shardus).

     

    ✓ Consensus Algorithm Development

    The Shardus Consensus Algorithm for a single shard was developed.

     

    ✓ Consensus Algorithm Testing

    Large-scale testing of the Shardus Consensus Algorithm was carried out on global network.

     

    ✓ Shardus Wallet Development

    The Shardus mobile app and web wallet were developed.

     

    ✓ Social Media Content

    Videos, blog posts and other content explaining the Shardus project were developed.

     

    ✓ Bounty Managment Software Developed

    Software was developed to manage a social media bounty program.

     

    ✓ Quarterly Status Event

    The team gave a presentation of the project and demonstration of current milestone.

  • Q4 2018

    Shardus Enterprise Server

    The first version of the Shardus server software will be developed using only one shard and simple transactions.

     

    Shardus Wallet Update

    The Shardus mobile and web wallet will be updated to work with the Enterprise server.

     

    Social Media Bounty Program

    Awareness of the project is increased through a social media bounty program.

     

    Quarterly Status Event

    The team will give a presentation of the project and demonstration of current milestone.

  • 2019

  • Q1 2019

    Shardus Global Server

    The Shardus software will be developed to allow parallel processing of transactions and storage of data across multiple shards.

  • Q2 2019

    Shardus Universal Server

    The Shardus software will be developed to allow complex transaction across multiple shards.

  • Q3 2019

    Liberdus Server Development

    The Liberdus payment network application will be developed by forking the Shardus software and modifying the application layer.

  • Q4 2019

    Liberdus Test Network

    The public Liberdus test network will be released for users to download the binaries and join the network.

  • 2020

  • Q1 2020

    Liberdus Main Network

    The Liberdus main network will be released for users to download the binaries and join the network.

Team

Aamir Syed
Aamir Syed

Developer

Aaron Sullivan
Aaron Sullivan

Developer

Andrew Foster
Andrew Foster

Developer

Carlos Alberto de Araujo Barreto
Carlos Alberto de Araujo Barreto

Developer

Curt Phillips
Curt Phillips

Developer

Derrick Farris
Derrick Farris

Developer

Dmitry Yakov
Dmitry Yakov

Developer

Erik Xavier
Erik Xavier

Developer

Gani Padela
Gani Padela

Developer

Maher Ben Taleb Ali
Maher Ben Taleb Ali

Developer

Omar Syed
Omar Syed

Developer

Ryuhei Matsuda
Ryuhei Matsuda

Developer

Salman Ahmad
Salman Ahmad

Developer

Sameer Siddiqui
Sameer Siddiqui

Developer

Thant Sin Toe
Thant Sin Toe

Developer

Viktor Zhirkov
Viktor Zhirkov

Developer

Marc Mattox
Marc Mattox

Community Relations

James Ross
James Ross

Community Relations

Grant Gulovsen
Grant Gulovsen

Legal Advisor

Joe Schloesser
Joe Schloesser

Advisor

Ghousuddin Syed
Ghousuddin Syed

Advisor

You?
You?

Developer

FAQ

What is Shardus?

Shardus is a project with a mission to develop technology for the public benefit. It's focus is on advancing distributed ledger technology. The software developed by Shardus will be the foundation for global-scale decentralized applications. The Shardus 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 inherit many features including scalability, decentralization, effiency and sustainability. Applications built using Shardus will scale to accommodate more throughput as demand grows, simply by adding more nodes to the network.

What is Liberdus?

Liberdus is the first application built using the Shardus software. It’s core function will be the 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.

Is there a token for this project?

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.

How can I obtain tokens?

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.

Is the Shardus project open source?

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.

Is this project similar to EOS?

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.

Where can I get answers to more questions?

You can check the Advanced FAQ on our Project Wiki. If you still have questions, email [email protected] or ask on our subreddit r/Shardus.

Join Us

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.

We are giving Shardus tokens (an ERC-20 token) to developers, advisers, promoter, bounty hunters and others who contribute to the project. If you want to earn Shardus tokens, please let us know what you can do for the project.