Shardeum Launches Final Stage of Incentivized Testnet Ahead of Mainnet Release

[PRESS RELEASE – New York, New York, December 17th, 2024]

Shardeum reaches one other key milestone on its roadmap to Mainnet

Shardeum, an autoscaling layer-1 blockchain ecosystem, publicizes the launch of Stage 4 of its Incentivized Testnet (ITN), which commenced in the present day, Tuesday, December seventeenth, 2024. ITN Stage 4 will proceed to check for any vulnerabilities and community points, absolutely solidifying the community code forward of Mainnet.

This announcement follows the profitable completion of the primary three phases of ITN, which noticed over 17 million transactions, 99k individuals, and 22k validators in simply over two months from the graduation of ITN Stage 3. Stage 4 is anticipated to run for at the least 4 weeks, and be the ultimate ITN stage forward of Mainnet.

Past the ITN, Shardeum has partnered with main bug bounty supplier Immunefi to conduct a number of bug bounty applications and has undergone a number of rigorous safety audits. These efforts guarantee our code is strong, safe, and free from vulnerabilities.

Chris Chabot, Head of Developer Relations at Shardeum states: “Over the previous a number of months Shardeum has seen speedy growth by way of our roadmap and technological developments. The graduation of ITN Stage 4 has generated unbelievable pleasure, as we’re lastly catching sight of the end line. I wish to thank our staff and group members for his or her assist and dedication all through the previous 12 months, actually proving their loyalty and perception in our mission.”

Following ITN Stage 4, Shardeum will proceed with a code freeze, a monumental step in finalizing all methods forward of Mainnet. Moreover, Shardeum will quickly announce an upcoming node sale, permitting early supporters the chance to buy community nodes.

For extra particulars on Shardeum’s roadmap and technological developments, customers can go to https://shardeum.org/.

About Shardeum

Shardeum is an autoscaling EVM-based layer-1 blockchain. Dynamic state sharding helps preserve 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 attainable for anybody to run a node whereas growing decentralization.