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, an autoscaling EVM-based Layer-1 blockchain, has achieved a milestone with its Incentivized Testnet Stage 3 surpassing 15 million transactions in just over 60 days since the launch of Stage 3. The rapid growth of Shardeum demonstrates increasing adoption. In addition, the ITN has also attracted over 17,000 validators, showcasing Shardeum’s low barriers to entry as a validator.
ITN Stage 3, initiated on October 1, 2024, is aimed at stress-testing the network under real-world conditions. With participation from both on-chain contributors and validators, the platform enables users to engage in quests, run validator nodes, and potentially earn exclusive rewards like XP, NFTs, badges, and $SHM airdrops.The rapid growth and adoption of Shardeum’s ITN is proof positive of the interest in our dynamic-state sharding solution.
In addition to ITN Stage 3, Shardeum has facilitated multiple Bug Bounty Programs and Security Audits backed by $1M of rewards to validate the security and capabilities of the network diligently. As Stage 3 progresses, participants can expect more opportunities to complete on-chain tasks, social challenges, and validator activities to further test the network’s capabilities.
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