Shardeum (SHM)
Sharedum is a Layer 1 EVM-compatible blockchain network designed to solve the blockchain trilemma described by Vitalik Buterin with sharding technology. It offers its users increased scalability of over 100,000 TPS while maintaining the same level of security and decentralization as less scalable chain networks, such as Ethereum.
The network is powered by its native $SHM token, which is used for rewarding node validators, paying fees, staking, and facilitating decentralized finance economy on the platform.
Sharedum has already hosted a few private sales, securing over $23.6M from prominent funds including The Spartan Group, Amber Group, Jane Street Capital, and others.
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