Title: Shardeum Announces the Launch of Stage 4 of its Incentivized Testnet (ITN)
Shardeum, an autoscaling EVM-based layer-1 blockchain, has announced the commencement of Stage 4 of its Incentivized Testnet (ITN). The launch is part of Shardeum’s ongoing efforts to solidify the network code before moving to Mainnet.
The first three stages of the ITN were successfully completed, with over 17 million transactions, 99,000 participants, and 22,000 validators in just over two months since the commencement of ITN Stage 3. Stage 4 is expected to run for at least four weeks and be the final ITN stage before Mainnet. Shardeum has partnered with leading bug bounty provider Immunefi to conduct multiple bug bounty programs and has undergone several rigorous security audits.
These efforts ensure the code is robust, secure, and free from vulnerabilities. Chris Chabot, Head of Developer Relations at Shardeum, stated, “The commencement of ITN Stage 4 has generated incredible excitement, as we are finally catching sight of the finish line. I want to thank our team and community members for their support and dedication throughout the past year, truly proving their loyalty and belief in our mission.”
Following the completion of ITN Stage 4, Shardeum will proceed with a code freeze, a crucial step in finalizing all systems ahead of Mainnet.
Shardeum will also announce an upcoming node sale, allowing early supporters the opportunity to purchase network nodes. For more information on Shardeum’s roadmap and technological advancements, visit https://shardeum.org/. About Shardeum Shardeum is an autoscaling EVM-based layer-1 blockchain that utilizes dynamic state sharding to keep gas fees low and TPS high as participation grows.
Its consensus mechanism, performed at the transaction level, requires less computational power for validator nodes, making it possible for anyone to run a node while increasing decentralization.
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