Shardus Price(ULT)

Shardus is a groundbreaking distributed ledger software project that aims to revolutionize the way decentralized applications (dApps) are built and operated. By prioritizing high throughput, low latency, and immediate finality, Shardus sets itself apart from traditional blockchains. Its unique architecture enables it to maintain the highest levels of decentralization and security.

Technical Overview

At the heart of Shardus' innovation is its utilization of compute and state sharding. This dual-layer approach allows the platform to serve billions of daily active users efficiently, with the capacity to scale as required. The Shardus Consensus Algorithm, based on Proof-of-Quorum, enhances this scalability while ensuring that transactions are processed securely and swiftly.

One of Shardus's key innovations is its “blockless approach,” whereby transactions do not need to be grouped into blocks. Instead, each transaction is processed independently, leading to significantly reduced latency and improved transaction finality. Furthermore, the Shardus system can auto-scale, dynamically determining how many nodes are required based on real-time load demands.