Shardus Q1 2020 Update

The foundation for linearly scalable decentralized networks.

On May 30th, 2020 the Shardus Association hosted its quarterly update event virtually to present development progress the team made during the first quarter amidst the COVID-19 pandemic. The DAO has held itself accountable to its milestones as it has continued to execute in alignment with the Shardus Project Roadmap. From 2017 to Q1 2020 the Shardus Software has progressed from being capable of supporting a static decentralized network with TPS constraints to supporting a state sharded decentralized network where TPS increases as nodes are added to a network. Shardus’ 2020 Q1 update included an overview of progress in the software, marketing updates, a demonstration of the first dApp testnet built with Shardus called Liberdus and a demonstration of how to add a node to the Liberdus network.

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Omar Syed, Shardus Architect and distributed systems expert, kicked off the virtual presentation with a definition of Shardus for newcomers. “Shardus is software to create blockchains that have unlimited scaling, are highly decentralized, energy efficient and easy to build and deploy.”, said Syed. Unlike most projects today, Shardus is not a blockchain network itself, but software for developers to easily launch their own linearly scalable network. Below is a visual Omar presented depicting what the Shardus ecosystem might look like in the future and how licensing Shardus works.

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Liberdus is the first dApp being built with Shardus by the Shardus team. Shardus developer, Kyle Shifflett, presented a demonstration of the Liberdus test net interface. Liberdus is positioned to be an individual’s “home base” in the digital decentralized world. The dApp contains a combination of popular features including messaging similar to WhatsApp, a username handle and friending feature like Twitter, QR code scanner, email verification, cryptocurrency wallet for LBD tokens and its own unique governance features. Liberdus holders are able to propose and vote on changes to the Liberdus network as well as proposing investment funds for projects that will benefit the network. Another exciting aspect of Liberdus is it’s open-source so the interface can be re-used by developers for other dApp’s in the future. The Shardus team announced that the Liberdus testnet is now live for the public. You can use Liberdus yourself here, https://test.liberdus.com/.

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Next, the presentation shifted focus to the back end of a Shardus network demonstrating the limited computing resources required to run a full node on the Liberdus network. Aamir Syed successfully demonstrated installing a Liberdus node on his desktop computer as well as on a Raspberry Pi. The presentation was eye opening as to the energy consumption inefficiencies, high node costs and lack of decentralization most blockchain networks face today. Aamir’s demonstration displayed how Shardus networks will be truly decentralized as almost anyone with a computer and wifi connection will be able to run a full node on Shardus networks.

Omar discussed plans to harden the Liberdus testnet, keep the testnet live 24/7 for users to try, experiment with the Liberdus network and economic parameters, and adding features to the Shardus archive server as well as hardening the code. The Shardus Association is on track to complete the Shardus software in 2020, launch the Liberdus Main Net and is beginning to gain traction on the marketing front as well.

Shardus has been listed on CoinMarketCap and transaction data will be added once trading volume limits are met. In addition Shardus has been invited to present at the upcoming Algorithm Conference in Dallas. Finally, organizations such as Casper Labs have met with the Shardus team to discuss licensing their sharding feature. Shardus has its sails set high and is on track to complete the foundation needed for the DLT industry to take the next step in global disruption. Stay tuned for more progress and updates in Q2!

Summary

  • Shardus code base improvements

Shardus 2020 Q1 Presentation Recording: https://youtu.be/X-LKOcnvneI

Follow Shardus!

Twitter: https://twitter.com/ShardusLedger, https://twitter.com/Liberdus

YouTube: https://www.youtube.com/channel/UC-DQu61lxOvicMi0VsSIAtA

Telegram: https://t.me/shardusnews

Discord: https://discord.gg/UBYEcu

Reddit: https://reddit.com/r/Shardus

The foundation for global-scale decentralized applications.

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