Shardeum Mainnet Goes Live, Debuting Autoscaling L1 after Record Testnet Validator Participation

By: droomdroom|2025/05/06 17:00:08
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The EVM-Compatible Blockchain continues on its mission to facilitate an affordable blockchain ecosystem with fees as low as $0.01 May 5th, 2025, New York, USA – Shardeum, the autoscaling Layer 1, today announces the launch of its long-anticipated Mainnet on May 5th, 2025. It follows a highly successful testnet phase that attracted over 1.4 million global participants, and over 171,000 physically run validator nodes – the highest among Layer 1 testnets. The mainnet launch represents a significant technical breakthrough for the ecosystem, officially marking the transition from years of R&D into a fully operational Layer 1 network. This milestone is a major step forward in the network’s mission to solve the Blockchain Trilemma, enabling global users and developers to experience decentralization, scalability, and affordability without trade-offs. “We’ve built Shardeum with the conviction that the future of Web3 must be open, inclusive, and truly scalable,” said Srini Parthasarathy, Chief Technology Officer. “Mainnet is not just a technical milestone; it demonstrates that the blockchain trilemma – once seen as a tradeoff – is genuinely solvable. Our community’s unprecedented validator participation is clear proof of our commitment. And we achieved this by ensuring that running a node is accessible and straightforward for anyone.” Learn how Shardeum’s testnet is setting new records in validator participation with this article, Shardeum Testnet Blazes a Trail.“Shardeum is proving that scale, security, and true community ownership can co-exist on a single Layer 1,” said Adam Struck, Managing Partner at Struck Crypto. “They are building an autoscaling network, and anyone can help secure it in under a minute. Launching mainnet with a record-size grassroots validator set is exactly the kind of milestone that convinces us Shardeum will be the foundation for the next wave of Web3 applications.” With Shardeum’s Mainnet launch comes a myriad of features as well as its Token Generation Event (TGE). Key Features at Launch ● Permissionless Validator Network: ○ 171,000+ validators on testnet (L1 record) ○ Mainnet genesis starts with 256 validators (2 shards) ○ Spin up a node in under one minute via a single-command install – no heavy hardware or large stake required, enabling widespread community participation ● Autoscaling from Day 1: ○ Transaction throughput automatically scales as validator participation grows ○ Gas fees remain consistently as low as $0.01, even under network congestion○ Dynamic state sharding and proprietary Proof-of-Quorum Optimistic (PoQo) allowing the network to scale near-infinitely as more nodes join ○ Post-launch: Innovative validator accountability system involving automatic rotation of consistently under-performing nodes (avoiding traditional slashing) ● Open Source Development: ○ Launching with 60+ open-source repositories and over 32,000 stars on GitHub, Shardeum’s codebase is open and transparent ● EVM-Compatible & Developer-Ready: ○ At launch, Shardeum will support popular explorer tools with seamless integrations with major EVM-supporting wallets, including MetaMask Backed by Ecosystem Partners At launch, Shardeum will be supported by partners including PrimeVault (secure treasury operations), Mintair (validator and operator services), and Tokensoft (airdrop and token vesting management). Shardeum is backed by prominent investors, including Struck Crypto, Amber Group, Big Brain Holdings, Foresight Ventures, Arrington Capital, Jsquare/DFG, Amber Group, Axelar Foundation, The Spartan Group, Ghaf Capital, Jane Street, Alphemy Capital, Balaji Srinivasan, CoinGecko and others, further reinforcing its industry credibility and market readiness. Explore how decentralization at scale is transforming blockchain technology in this exclusive interview with Srini Parthasarathy, CTO of Shardeum.The total circulating supply of SHM at launch will be 249 million. Token generation and listings will align closely with the Mainnet rollout. Beyond Mainnet In the latter half of the year, Shardeum expects that developers will be able to begin testing smart-contract functionality, with stable dApp deployments expected soon after. Global community events and meetups are planned to celebrate this launch, showcasing Shardeum’s vibrant decentralized community. Shardeum’s transparent and phased roadmap clearly communicates future network upgrades, including comprehensive smart-contract capabilities, ensuring the blockchain evolves transparently with community feedback at its core. With Mainnet live, Shardeum moves from vision to reality, empowering developers, validators, and users to finally participate in a live, permissionless, user-friendly blockchain environment. To learn more about Shardeum and its roadmap, please visit https://shardeum.org/Media Enquiries: media@shardeum.orgAbout Shardeum Shardeum is an autoscaling EVM-based layer-1 blockchain. Dynamic state sharding helps keep gas fees low and TPS high as participation grows. Shardeum performs consensus at the transaction level and lowers the computational power needed for validator nodes. This consensus mechanism makes it possible for anyone to run a node while increasing decentralization.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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