ULT Overview
Shardus, an open-source, scalable, and decentralized ledger, aims to offer high throughput and low-latency transactions. It’s designed to provide a secure and decentralized environment for building scalable applications, particularly focusing on digital asset issuance, supply chain management, gaming, and more.
Here’s a brief overview:
- Owner: There isn’t a specific centralized owner for Shardus. The network is maintained and developed by the community and the core development team.
- Uses: Shardus is designed to handle a broad range of applications that require high throughput and low latency. Use cases span digital asset issuance, supply chain management, gaming, and various decentralized applications.
- Seed Sale: Details about any specific seed sale weren’t readily available. However, this project might have undergone private funding rounds or initial coin offerings (ICOs) for its development.
- Working Principles: Shardus utilizes a sharding-based architecture to achieve high throughput and low latency. Sharding is a technique that partitions the network into smaller sections (shards) to process transactions in parallel, improving scalability.
- Limitations: Any limitations could include the challenges typically associated with new or developing blockchain projects, such as adoption, scalability, and regulatory constraints.
- Current Value: The current value of the Shardus native token (if applicable) would be available on various cryptocurrency exchanges where it’s listed.
- How to Buy and Sell: The Shardus token (if available) can be purchased and traded on supporting cryptocurrency exchanges. Users can create an account on these exchanges, deposit funds, and then trade for Shardus tokens (if available).
As the crypto market is subject to changes, for the most current and accurate details, it’s advisable to refer to Shardus’s official website or reliable cryptocurrency resources.
