Shardeum Launches Stage 1 of Incentivized Testnet as a Name to Motion for Neighborhood Engagement

New York, United States, June twenty fifth, 2024, Chainwire

Shardeum’s World Neighborhood Assessments the Limits of Subsequent-Gen Blockchain Tech

Shardeum, the autoscaling layer-1 blockchain, broadcasts the launch of Stage 1 of its incentivized testnet, Atomium, slated to start on June twenty sixth, 2024. The aim of Atomium is to incentivize customers to check the community for bugs, vulnerabilities and efficiency points in an effort to fortify the community forward of mainnet launch.

In Stage 1, Shardeum invitations neighborhood members to check quite a few P2P transactions, permitting the Shardeum staff to emphasize take a look at the community and guarantee all vulnerabilities and insecurities are flagged and amended. This additionally permits Shardeum to observe how their nodes function underneath strain.

Atomium individuals are incentivized to have interaction within the testing course of with 0.65% of token provide or roughly 3.3 million SHM allotted in the direction of neighborhood contributions. The announcement represents the second part of the Shardeum native token Shard (SHM) Airdrop, and follows the profitable completion of Part 1 which was centered on early contributors.

“We consider in community-led growth and due to our wonderful neighborhood we’ve been in a position to attain this stage. We’re now able to launch Stage 1 of the incentivized testnet,” mentioned Nischal Shetty, Co-Founder & President of Shardeum. “Shardeum enters an important part the place we stress take a look at the community to problem its limits and strengthen it for the longer term with the assistance of our neighborhood.”

The marketing campaign will unfold in a number of levels. With the completion of Stage 1, Shardeum will then assess and improve the community’s stability and proceed to subsequent levels. Following levels will embody extra rigorous testing of system capabilities to make sure the community can deal with a wide selection of actions seamlessly.

As Shardeum focuses on the above functionalities throughout the incentivized testnet, EVM capabilities will probably be disabled, permitting for extra seamless and centered refinement of the protocol. As well as, Shardeum will probably be launching a bug bounty program on July fifth with a complete bounty of USD $700k. This initiative goals to additional safe the community by encouraging builders and safety specialists to establish and report any vulnerabilities.

“This isn’t only a testnet launch. It is an invite for the neighborhood to be on the forefront of Shardeum’s development,” added Omar Syed, co-founder of Shardeum. “Neighborhood contributions are invaluable as we work in the direction of creating a strong and resilient L1 that can present the muse for all our future endeavors.”

To hitch the Shardeum incentivized testnet and contribute to the protocol’s future, customers can go to https://shardeum.org/incentivized-testnet/ for extra info.

About Shardeum

Shardeum is an autoscaling EVM-based layer-1 blockchain. Dynamic state sharding helps hold fuel charges low and TPS excessive as participation grows. Shardeum performs consensus on the transaction degree and lowers the computational energy wanted for validator nodes. This consensus mechanism makes it potential for anybody to run a node whereas rising decentralization.

ContactsChief Development OfficerKelsey McGuireShardeummedia@shardeum.orgDirector of CommunicationsPriyanka SharmaShardeummedia@shardeum.org

This text was initially revealed on Chainwire