Shardeum

Shardeum is a startup operating in the blockchain technology space. It provides a decentralized Layer 1 (L1) blockchain platform based on Ethereum Virtual Machine (EVM), which is a system designed to operate as a runtime environment for smart contracts based on Ethereum. Shardeum's platform is designed to be fast, scalable, and fair, boasting an estimated 100,000 transactions per second (TPS) and a low transaction cost of approximately $0.01.

The platform is built for a wide range of clients, from individual users to developers and businesses, who are interested in leveraging blockchain technology for various applications. This includes the creation of decentralized applications (Dapps), token and NFT (Non-Fungible Token) transactions, and more.

Shardeum's business model is based on a community-driven approach. It allows its community members, which currently number over 800,000, to run nodes that increase TPS. This means that the more people participate, the faster and more efficient the network becomes.

The startup also employs dynamic state sharding, a method that allows for high-speed parallel processing and low fees. This is achieved by reaching consensus at the transaction level, which essentially means that transactions can be processed simultaneously rather than sequentially.

Furthermore, Shardeum emphasizes security, employing a combined proof-of-stake and proof-of-quorum approach to consensus, as well as an auto rotation mechanism.

In terms of revenue generation, while specific details are not provided, it can be inferred that Shardeum may earn from transaction fees, services provided to developers and businesses, and partnerships with other platforms.

Keywords: Blockchain, Decentralized, Ethereum Virtual Machine, Transactions Per Second, Low Transaction Cost, Dynamic State Sharding, Proof-of-Stake, Proof-of-Quorum, Community-Driven, Security.