What is Shard (SHARD)?
Shard (SHARD) is a proof-of-stake cryptocurrency designed to improve blockchain efficiency through sharding technology. Key features:
- Circulating Supply: 17.1M SHARD out of total 77.16M
- Current Price: $0.1039 (24h +11.45%)
- 24h Trading Volume: $22,786.48 across 2 active markets
Shard implements dual innovation:
- Technical Solution: Partitions blockchain networks into parallel-processed shards
- Digital Currency: Energy-efficient PoS system allowing staking rewards
👉 Track SHARD's real-time price movements
How Shard Works: Technology & Security
Sharding Mechanism
| Feature | Benefit |
|---|---|
| Parallel transaction processing | Increased scalability |
| Independent shard operations | Faster confirmation times |
| Workload distribution | Higher throughput capacity |
Security Framework
- Hardware Wallet Integration: TEE-protected storage
Advanced Cryptographic Measures:
- Multi-signature wallets
- MPC protocols
- End-to-end encryption
- PoS Consensus: 12,000 XIN stake requirement for Mixin Kernel nodes
Shard's Market Position & Use Cases
Primary Applications
- Danksharding Development: Core component for Ethereum scaling
- Private Sidechains: Customizable enterprise solutions
- Citadel Ecosystem: Validator staking mechanism
Adoption Highlights
- Integrated with Ethereum, Cardano, and Zilliqa
- Addresses scalability trilemma (decentralization-security-scalability)
- Used for gas fees in shard-specific operations
👉 Explore staking opportunities with SHARD
Key Historical Events
Major Milestones:
- 2023: Shapella Upgrade (Ethereum compatibility improvements)
- Ongoing: Danksharding specification development
- Market Expansion: Listed on 4+ exchanges since 2022
FAQ Section
What makes Shard different from other cryptocurrencies?
Shard uniquely combines sharding technology with PoS consensus, offering both technical scalability solutions and investment opportunities through staking.
How can I acquire SHARD tokens?
SHARD is available on several exchanges including OKX and BitMart. Always verify contract addresses when trading.
Is Shard a good long-term investment?
While SHARD shows promising technology, cryptocurrency investments carry risk. Consider:
- Project development roadmap
- Market adoption rates
- Overall crypto market conditions
What's the future roadmap for Shard?
Development focuses on:
- Enhanced sharding protocols
- Cross-chain interoperability
- Enterprise-sidechain solutions
Market Analysis & Trading Tips
When trading SHARD:
- Monitor Ethereum network upgrades (directly impacts sharding projects)
- Watch for partnership announcements
- Consider dollar-cost averaging due to volatility
Remember: Never invest more than you can afford to lose in cryptocurrencies.