Connect with us

Cryptocurrency News

Nischal Shetty and Omar Syed Launches Shardeum Liberty (Alphanet)



Shardeum Liberty Alphanet Launch

Yes, you heard it right, the long-awaited Shardeum Liberty (Alphanet) was launched on April 26, 2022, by Nischal Shetty and Omar Syed.

Shardeum is basically an Ethereum Virtual Machine (EVM) compatible, smart contract platform which is designed to linearly scale while maintaining true decentralization and solid security through the use of dynamic state sharding.

Now with the launch of Shardeum Liberty (Alphanet) users can use the $SHM faucet, use the Shardeum network to popular wallets like MetaMask and can create smart contracts.

Soon after the Alphanet launch, it got an overwhelming response from the community. As per the Shardeum explorer, the total users that have joined till now is more than 5.5K+ and 11K+ transactions till press time.

shardeum explorer
Shardeum Explorer

Nischal Shetty also tweets about the response that he got from the users after the Alphanet launch.

Roadmap for Shardeum Liberty

The product roadmap for Shardeum Liberty is as follows:-

Shardeum Liberty Phase 1

  • Send Transactions
  • Deploy Smart Contracts
  • 30 node unsharded network operated by Shardeum.
    20 validator nodes, 10 standby nodes and 5 archive nodes
  • Rotation of Standby and Validator Nodes
  • Faucet to Distribute SHM

Shardeum Liberty Phase 2

  • 120 node sharded network operated by Shardeum.
    100 validator nodes and 20 standby nodes. 5 archive nodes.
  • Shard size of 20 nodes.
    Only support EIP2930 transactions

Stay tuned with us for more information about the Shardeum in the coming days.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.