Vilnius, Lithuania – ProBit Global is excited to announce the listing of Shardeum (SHM), a highly anticipated smart contract platform that is reshaping the landscape of Layer 1 blockchains through its innovative use of dynamic state sharding. Designed from the ground up to solve the blockchain trilemma of scalability, decentralization, and security, Shardeum presents a truly decentralized infrastructure for building Web3 applications with low, predictable gas fees and high throughput that scales linearly with network demand.
Shardeum is the world’s first autoscaling EVM-based Layer 1 blockchain. It leverages dynamic state sharding to achieve unprecedented scalability without compromising on decentralization. Unlike traditional sharding systems that merely split the network workload, Shardeum’s approach divides not only the workload but also the state—enabling the network to process transactions concurrently across multiple shards while preserving atomic composability. This means users can interact with dApps across shards seamlessly, without the fragmentation or delays typically associated with other sharded networks. As more nodes join the network, Shardeum’s throughput increases accordingly, delivering a truly scalable infrastructure capable of supporting millions of users and dApps simultaneously.
The SHM token plays a vital role within the Shardeum ecosystem. It is used to pay for gas fees, incentivize validators and archival nodes, and participate in the platform’s governance model. Built to maintain decentralization, Shardeum employs a hybrid consensus model that combines Proof-of-Stake (PoS) with Proof-ofQuorum (PoQ), ensuring network efficiency while preserving decentralization and security. This model allows for minimal hardware requirements, reducing entry barriers for validators and making it easier for a global community to participate in the consensus process.
One of Shardeum’s standout features is its ability to maintain low and predictable gas fees – as low as $0.01 – regardless of network congestion. This is a significant advancement in user experience compared to many legacy Layer 1 platforms, where gas prices often surge during periods of high demand. With instant finality and horizontal scaling baked into the protocol, Shardeum is engineered to support the next generation of decentralized finance (DeFi), NFT marketplaces, and enterprise-grade dApps.
Additionally, Shardeum is fully EVM-compatible, allowing developers to seamlessly deploy and scale existing Ethereum-based applications without rewriting code. This ensures that projects already built on Ethereum or compatible platforms can migrate effortlessly to Shardeum to benefit from lower fees and faster transaction times— while maintaining composability with the broader Ethereum ecosystem (coming in Q3).
The listing of SHM on ProBit Global with the pair SHM/USDT will provide traders and investors with improved access and liquidity to one of the most technically ambitious blockchain projects on the market. As part of our commitment to supporting high-potential projects, ProBit Global will also back Shardeum through marketing campaigns and community engagement efforts that help spotlight its unique value proposition.
ProBit Global’s secure infrastructure, broad asset support, and advanced trading tools make it the perfect launchpad for innovative blockchain projects like Shardeum. This listing reinforces our mission to empower users with access to trailblazing projects that are redefining the boundaries of blockchain technology.
ABOUT PROBIT GLOBAL
Founded in 2018, ProBit Global is a top 20 cryptocurrency exchange offering access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 5,000,000 users, globally.
With a powerful crypto trading interface, smooth integration for automated crypto trading bots, fiat on-ramp support for over 100 currencies, and a multilingual website in 50 languages, ProBit Global has all the features to make your cryptocurrency trading experience comfortable and easy.
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ProBit
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