The foundation for global-scale decentralized applications.
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 are giving an ERC-20 compliant Shardus 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. 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. Public projects which use the Shardus software will need to distribute a portion of their coins to the Shardus tokens holders. The Liberdus coin will be the first public project based on the Shardus technology and distribute coins to Shardus token holders.
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 powered by Uniswap and the Shardus Tokens available to buy are offered by individuals who have earned the tokens. They are not offered by the Shardus project.
Simulation and study of consensus algorithms started.
Design of consensus algorithm and distributed ledger started.
Specifications for the consensus algorithm completed.
Specifications for the distributed ledger completed.
Small-scale testing of the consensus algorithm was carried out.
Legal opinion on the project funding model was obtained.
The website and whitepaper were developed.
The project was launched as Unblocked Ledger Coin. No ICO needed.
The core team has been expanded with more developers.
The Project was rebranded from Unblocked Ledger Coin to Shardus (technology) and Liberdus (payment network and coin built on Shardus).
The Shardus Consensus Algorithm for a single shard was developed.
Large-scale testing of the Shardus Consensus Algorithm was carried out on global network.
The Shardus mobile app and web wallet were developed.
Videos, blog posts and other content explaining the Shardus project were developed.
Software was developed to manage a social media bounty program.
The team gave a presentation of the project and demonstration of current milestone.
The first version of the Shardus server software will be developed using only one shard and simple transactions.
The Shardus mobile and web wallet will be updated to work with the Enterprise server.
Awareness of the project is increased through a social media bounty program.
The team will give a presentation of the project and demonstration of current milestone.
The Shardus software will be developed to allow parallel processing of transactions and storage of data across multiple shards.
The Shardus software will be developed to allow complex transaction across multiple shards.
The Liberdus payment network application will be developed by forking the Shardus software and modifying the application layer.
The public Liberdus test network will be released for users to download the binaries and join the network.
The Liberdus main network will be released for users to download the binaries and join the network.
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.
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.
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.
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.