Shardus (ULT)

Shardus (ULT) is a project focused on developing technology for the public benefit. They aim to advance distributed ledger technology and create the foundation for global-scale decentralized networks. The Shardus software allows the creation of public or private decentralized networks by adding a custom transaction layer. Applications built using Shardus inherit scalability, decentralization, efficiency, and sustainability features. As demand grows, these applications can scale by adding more nodes to the network.

Shardeum is a smart contract platform that uses the Shardus software and is fully compatible with Ethereum. It leverages the Ethereum Virtual Machine and has bridges to Ethereum and other networks. Shardeum offers high transaction throughput, low transaction fees, and true decentralization.

Liberdus is an application built using the Shardus software. It serves as a payment network and coin, providing fast transaction times, low transaction fees, and sustainable rewards for validators. Liberdus holders can shape the network’s future by voting on economic parameters, including transaction fees, validator rewards, and a maintenance fund.