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Shardeum offers a decentralized Layer 1 blockchain platform that operates on the Ethereum Virtual Machine (EVM), capable of processing around 100,000 transactions per second at a low cost of approximately $0.01 per transaction. It serves a wide range of users, including individuals and businesses, enabling them to create decentralized applications (Dapps) and manage token transactions. Shardeum stands out with its community-driven model, where over 800,000 members can run nodes to enhance network efficiency, and it employs dynamic state sharding for high-speed processing. The company's goal is to provide a fast, scalable, and secure blockchain environment that empowers users and developers.
Company Stage
Series A
Employees
51-200
Industries
Cybersecurity, Crypto & Web3
Total Funding
$40.4M
Headquarters
N/A
Founded
2022
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