- 5 months ago
In this power-packed AMA, Srinivasan Parthasarathy (CTO, Shardeum) joins Dr. Ravi Chamria (Co-Founder & CEO, Zeeve) to explore how Shardeum’s Golden Gate mainnet is redefining standards for scalability, decentralization, and validator accessibility.
From Dynamic State Sharding to no-code validator onboarding, this conversation dives deep into the groundbreaking innovations behind Shardeum — and how Zeeve is supercharging the growth of its validator network like never before.
🎙 Host: Dr. Ravi Chamria, Co-Founder & CEO, Zeeve
🎤 Guest: Srinivasan Parthasarathy, CTO, Shardeum
🔍 What You’ll Learn:
🔹How Shardeum’s architecture delivers true linear scaling
🔹The evolving role of validators in a dynamically sharded L1
🔹How Zeeve enables no-code, DevOps-free validator setup
🔹The economics of running a Shardeum node (including 10 SHM/hour rewards)
🔹The long-term vision for a sustainable and inclusive validator ecosystem
🔹Real-world use cases and the road to mainstream Web3 adoption
🧠 Perfect for: Web3 devs, L1 enthusiasts, infra builders, and curious newcomers ready to dive into the Shardeum ecosystem!
📌 Like, Subscribe & Hit the Bell so you never miss an episode on scaling Web3 infrastructure!
From Dynamic State Sharding to no-code validator onboarding, this conversation dives deep into the groundbreaking innovations behind Shardeum — and how Zeeve is supercharging the growth of its validator network like never before.
🎙 Host: Dr. Ravi Chamria, Co-Founder & CEO, Zeeve
🎤 Guest: Srinivasan Parthasarathy, CTO, Shardeum
🔍 What You’ll Learn:
🔹How Shardeum’s architecture delivers true linear scaling
🔹The evolving role of validators in a dynamically sharded L1
🔹How Zeeve enables no-code, DevOps-free validator setup
🔹The economics of running a Shardeum node (including 10 SHM/hour rewards)
🔹The long-term vision for a sustainable and inclusive validator ecosystem
🔹Real-world use cases and the road to mainstream Web3 adoption
🧠 Perfect for: Web3 devs, L1 enthusiasts, infra builders, and curious newcomers ready to dive into the Shardeum ecosystem!
📌 Like, Subscribe & Hit the Bell so you never miss an episode on scaling Web3 infrastructure!
Category
🤖
TechTranscript
00:00Everyone, my name is Ravi. I'm the co-founder, CEO of Zeef.
00:03And today on Web3 Voice, we have a very exciting guest, Srinivasan from Shardiam,
00:11which is world's first auto-scaling blockchain.
00:15And so Srinivasan, we welcome you and would love to know about your Web3 journey,
00:22a bit of your introduction as well as how your Web3 journey has been so far.
00:27And then, you know, we'll delve deeper into what you are building at Shardiam.
00:32Absolutely. Thank you. Thank you, Dr. Ravi. And thank you, Zeef, for this opportunity.
00:39So my name is Srinivasan. Easier to just call me Srinivasan.
00:44I'm the CTO at Shardiam. I've been here for a little less than a year.
00:49Before I came to Shardiam, I did, you know, I've been in this Web3 space for almost a decade now.
00:57And I was fascinated by blockchain when I first saw it as part of a company that we were trying to sell.
01:06And then I started, once I started diving into it, it really fascinated me.
01:14So I built my first NFT marketplace back in 2017.
01:19There wasn't even an ERC 721 standard then.
01:22So, you know, I ended up writing a really verbose smart contract.
01:25But it was an interesting experiment.
01:28And, you know, it did well. It was a marketing experiment more than anything else.
01:32But once I did that, I was hooked.
01:34And then, you know, I've had a serendipitous journey through various blockchain companies
01:42trying to evangelize the usage of blockchain for the right reasons.
01:47You know, most recently, I was at DraftKings.
01:50I set up their old blockchain infrastructure for one of their really,
01:57one of the products that, you know, they were very successful products there.
02:04We're trying to use blockchain for, and it was built completely on Polygon.
02:09And it was, again, you know, a very good usage of the blockchain technology.
02:18After that, I worked for a company called Silks,
02:21where we were trying to sell NFTs of resources.
02:26And interestingly enough, you know, when we launched the product,
02:31it was all on Ethereum.
02:33And when we launched the product, we were selling resources for about $1,200.
02:37And the gas fee for that was almost $200.
02:41And I thought this was insane.
02:43And that's when I came across Shardium,
02:46where, you know, we had this promise of solving the trilemma
02:50and yet keeping the gas price low,
02:54having it be decentralized fully.
02:58It sounded like an amazing product to get involved with.
03:02So that's how I ended up in Shardium.
03:04And I'm very happy I did.
03:05No, I think that's quite a journey.
03:08And I think it's a very compelling story,
03:12how you became part of Shardium.
03:14Because as we know,
03:17I was part of the DeFi and NFT boom,
03:20where, you know, the gas fee rocketed massively,
03:24especially whenever a new NFT project used to be launched.
03:27And sometimes it even broke Ethereum.
03:29It was so massive, you know, congestion and gas fee,
03:35you know, a lot of challenges.
03:37So I think time and again,
03:40the whole challenge of trilemma has been talked about.
03:44That, you know, in blockchain,
03:46if you try to have decentralization,
03:49which Ethereum has focused on,
03:51security and decentralization,
03:52then in any case, you know,
03:55based on the underlying protocols,
03:58scalability becomes a challenge and vice versa.
04:01And sharding has been one of the solutions that has been there.
04:07But I believe nobody actually took that concept
04:12and built an innovative chain around that.
04:16And so, you know,
04:18when you say auto-scaling,
04:20recently you launched your mainnet as well.
04:23So what makes Shardium fundamentally different layer one
04:26as compared to other chains?
04:29And a bit about sharding
04:30and how your approach to scalability and decentralization
04:33and solving the trilemma.
04:35Yeah, yeah.
04:36Actually, it's very interesting, right?
04:38So the various other networks
04:40have tried sharding in different pays.
04:42You know, even Ethereum has done sharding,
04:44you know, in some ways.
04:46But I don't believe anybody has really done
04:48dynamic state sharding the way Shardium does.
04:50So, you know, and you're right,
04:52we just launched mainnet about two months ago.
04:56And, you know,
04:56and today actually is a very interesting day
04:59because today we launched a testnet
05:01with support for smart contracts.
05:04I hope everybody on your site
05:05actually goes to Shardium
05:07and checks out our playground
05:09where we have different dApps built around it.
05:11But to answer your question,
05:15I want to walk you through a sort of a visual mind map,
05:20a thought experiment if you will,
05:21because it makes it easier.
05:23It's not 100% accurate,
05:24but it's a good way to visualize
05:25how Shardium does design works.
05:30So if you think of a EVM blockchain
05:33as sort of like a spreadsheet, right?
05:36Where, you know, every row is a block
05:38and every column in that row
05:40is a transaction in that block, let's say.
05:43And so, you know,
05:44so in a traditional EVM blockchain,
05:48the way it works is that
05:50the spreadsheet is readable by everybody,
05:53but we don't want everybody
05:55to be able to write to it at the same time.
05:58And so it's a single-threaded write.
06:00And so most blockchains,
06:02they differ primarily
06:05in how they allow somebody
06:07to write that row in that spreadsheet.
06:11And so the,
06:14if you think of it that way,
06:15so it's publicly readable,
06:18but the writing is single-threaded
06:22and all these consensus algorithms
06:24that people have
06:25is basically a way of selecting
06:26who gets to write that block.
06:28And so you have,
06:30typically in an EVM network,
06:33you know,
06:34it's written out,
06:35you can write an entire row.
06:37You have to write an entire row at a time.
06:39And so you basically know
06:41how each transaction is,
06:45or every,
06:45how the transaction is
06:47sequenced within that block.
06:50So you know which column,
06:53in what order the columns are in that row.
06:55And then you write out that entire row.
06:57And when you get the opportunity
06:58to write that row,
06:59then you are rewarded in,
07:01you know,
07:02whatever that crypto,
07:03in the ETH,
07:03or whatever that native currency is
07:05for the privilege of writing that row.
07:10Now,
07:11what happens is,
07:12you know,
07:12in a typically non-sharded blockchain,
07:17imagine that this spreadsheet
07:18will have like,
07:19you know,
07:19billions of rows.
07:21And,
07:21and every node
07:23will need to keep
07:24a copy of that.
07:26And,
07:27so it becomes very unwieldy
07:29when you,
07:29when you rose past
07:30a certain stage
07:31because,
07:32you know,
07:32keeping all that state
07:33and replicating it everywhere
07:35becomes a nightmare.
07:38And it's,
07:39it doesn't scale.
07:40And that's one of the reasons
07:41why it doesn't scale well.
07:42Now,
07:42so imagine
07:43if you could take
07:44the same spreadsheet
07:45and,
07:46and somehow split up the data
07:48into tabs
07:49like you have in Google Docs.
07:51So you would have
07:52a different tab
07:52for a different subset of data.
07:55So think of it
07:55like a phone book.
07:56So where you have
07:57all names starting
07:58with A in one section,
07:59B in one section,
08:00so on and so forth.
08:00So you have like
08:01a phone book
08:02with say 26 sections.
08:04Similarly,
08:04you can have
08:05multiple tabs
08:08where the data
08:08is broken up
08:10in a,
08:11in some format,
08:13let's say
08:13some using
08:14some algorithm
08:15and,
08:16and the data
08:17for the,
08:18the,
08:19in each tab
08:20it has its own,
08:23the whole data,
08:24the spreadsheet
08:24is broken up
08:25into multiple tabs
08:26where each tab
08:27has a subset
08:28of the data.
08:29So that,
08:30that is sharding.
08:31So you could,
08:32you know,
08:32so once you do that,
08:34you have
08:35a different node
08:36responsible for
08:37just managing
08:39that smaller tab
08:40or smaller subset
08:41of data.
08:41Now,
08:44it has its own
08:45challenges
08:46because now
08:47when you have,
08:48you know,
08:48one node
08:50which is managing
08:51say tabs
08:52one,
08:53two,
08:53and three,
08:54and there's
08:54another node
08:54that's managing
08:55tabs
08:5683,
08:5886,
08:58and 90,
08:59they don't know,
09:00they don't have
09:01overlapping data,
09:02they have to
09:02communicate with
09:03each other
09:03to figure out,
09:04you know,
09:04when they,
09:04when they need it,
09:05if there's a
09:06transaction that
09:07flows between
09:10these two,
09:11then they have
09:12to sort of
09:12communicate and
09:12figure out
09:13how to do
09:14things.
09:14So it adds
09:15a communication
09:16overhead on it,
09:17but each node
09:19needs to have
09:19a much smaller
09:20subset so they
09:21can be smaller
09:22and,
09:23you know,
09:23they can,
09:24the processing
09:25that's required
09:26to save,
09:28process,
09:28is a much
09:29smaller subset.
09:30So it makes
09:31it easier
09:32for you,
09:32for anybody
09:33to spin up
09:33a much smaller
09:34node that
09:35only looks at
09:36a subset of
09:36the data.
09:37But Shardium
09:38goes one step
09:39further.
09:40Now,
09:41we don't have
09:42like a constant
09:43set of tags.
09:44So let's say
09:45the date,
09:46let's say you
09:46only had like,
09:47you know,
09:47a million records
09:48and maybe you
09:49only need 10
09:50tags to,
09:51to bake it out.
09:52Now,
09:52if that becomes
09:53a billion records,
09:54now that,
09:55the number of
09:56tabs could become
09:57a thousand tags.
09:59And what
10:00Shardium does
10:00is we can
10:01scale automatically
10:02based on how
10:03the data,
10:04how much data
10:04needs to be
10:05sharded or
10:06broken up into
10:07tabs.
10:08And we can also
10:08shrink it
10:09dynamically if
10:10that,
10:11if that number
10:11becomes smaller.
10:13So,
10:14that's dynamic
10:15state sharding.
10:16I don't think
10:16anybody else has
10:17done this quite
10:17this way.
10:18So,
10:18you know,
10:18that's,
10:19that's a
10:19differentiation.
10:20Now,
10:21how does it,
10:21so how does it
10:22matter for,
10:24how does it
10:25matter in the
10:26trilemma focus?
10:28Because the
10:29amount of
10:29data,
10:30data that
10:31each node
10:32needs to
10:32process,
10:34the,
10:34the footprint
10:35of a node
10:36that does this,
10:36a validator node,
10:37can be really
10:38small.
10:39And so,
10:39you don't need
10:40terabytes of
10:42storage,
10:43for instance.
10:43You don't need,
10:44you know,
10:45a CPU with,
10:48you know,
10:48you don't need a
10:49huge footprint.
10:51You can take a
10:52much smaller
10:52footprint,
10:53like what you
10:54guys have at
10:54Z,
10:54it makes it
10:56easy,
10:57you know,
10:57or people
10:59can go to
11:00something like
11:00Z,
11:00click one
11:02button,
11:02launch a
11:03small node
11:03that costs
11:04them much
11:04less,
11:05and you are
11:06up and you
11:06can be a
11:07validator node.
11:08And that's
11:08what makes it
11:09really powerful.
11:10The whole
11:10thing that
11:11drives
11:12Shardium is
11:13decentralization.
11:14We want
11:14the community
11:15to participate
11:16in everything
11:17that we do.
11:18So we want
11:18people to run
11:19their own nodes
11:19and be part
11:20of the network,
11:21secure the
11:21network.
11:22When you have
11:23such a diverse,
11:24and if you look
11:24at our test
11:25nets that we
11:25had,
11:26we had people
11:27running nodes
11:27from literally
11:28all over the
11:28globe.
11:29And that's
11:29what makes
11:30decentralization,
11:31you know,
11:32so fundamental
11:33and core to
11:34how we do
11:35things at
11:35Shardium.
11:36You know,
11:37we are an
11:37open source
11:38project.
11:38Everything that
11:39we develop
11:39is open source.
11:40Anybody can
11:41see what we're
11:41doing.
11:42And so,
11:43you know,
11:43we want to
11:43keep it open
11:44and we like
11:45it that way.
11:46We want it
11:46to be a
11:47participatory
11:48network where
11:48people,
11:49spin up
11:50simple,
11:52small,
11:52inexpensive
11:53nodes that
11:54can secure
11:54the network.
11:55And that's
11:55where you
11:56get decentralization
11:57and because
11:58of that you
11:58get security
11:59and because
12:00of the way
12:01you do
12:01dynamic
12:01stage sharding,
12:02you also
12:03get scaling
12:03all rolled
12:04into,
12:04you know,
12:05one network.
12:07Very,
12:08very interesting
12:08design and
12:10you have
12:11simplified it
12:11very well.
12:12So,
12:13just as a
12:14follow-up,
12:16so that
12:16means,
12:16you know,
12:18you know,
12:18on one
12:19hand,
12:20as,
12:20you know,
12:20different
12:21validators are
12:21storing only
12:22part of the
12:22data,
12:24so that
12:24means a
12:26single node
12:27will not be
12:28blown to a
12:29high storage
12:30requirements in
12:31future.
12:32And the
12:32scalability is
12:33given by
12:34adding more
12:35and more
12:35validators in
12:36the network.
12:37And so,
12:38by adding more
12:38validators in
12:39the network,
12:39you're solving
12:40the scalability
12:40also,
12:41but at the
12:41same time,
12:42since,
12:42you know,
12:43these are all
12:44external validators
12:45across the
12:46globe,
12:46that means,
12:47you know,
12:47it leads to
12:48higher
12:48decentralization
12:49as well,
12:49at the
12:49same time.
12:50Correct.
12:50Right?
12:51Yes.
12:53Yep.
12:53Got it.
12:54And actually,
12:54there's one
12:55more aspect of
12:56this,
12:56which I
12:57briefly touched
12:57upon,
12:58but if you
12:58give me 30
12:59seconds,
13:00I can elaborate
13:00on that.
13:02You would
13:02love to hear
13:02that.
13:03Like I said,
13:04right,
13:04in a typical
13:04EVM network,
13:06people are
13:07allowed to,
13:08you have to
13:09write a block
13:09at a time.
13:11But,
13:11what happens
13:14is that now
13:15you have to,
13:15I know,
13:16writing a block
13:17at a time
13:17has its advantage
13:18because you're
13:19now ruling up
13:20a bunch of
13:21transactions
13:21into one block
13:22and you're
13:23writing it out
13:23as a block.
13:24So you
13:25essentially get
13:25to write a
13:26row with
13:27multiple columns
13:28in it.
13:29But Shardium
13:30does not
13:30operate on
13:30blocks.
13:31It's not
13:31our native
13:32construct.
13:33We settle,
13:34we,
13:35the consensus
13:36happens at
13:36a transaction
13:37level.
13:38So what that
13:38means is that
13:39we are
13:41allowed to
13:41change.
13:42In Shardium,
13:43you can
13:44change a
13:44single cell
13:45within that
13:46row.
13:47So,
13:47you know,
13:48no MEV
13:48attacks,
13:49there is
13:49not,
13:50and the
13:50settlement
13:51is,
13:51you know,
13:52very,
13:52very fast
13:53and it's,
13:55and so
13:56that also
13:57contributes to
13:58the scalability
13:58of the
13:58product.
13:59So now
14:00you're not
14:00waiting for
14:00a whole
14:01block
14:01and,
14:02you know,
14:02because we
14:03don't have,
14:04because you
14:05don't have,
14:06we're not
14:06submitting a
14:08set of,
14:08you know,
14:09n transactions
14:10within a
14:11block.
14:11So somebody
14:12cannot reorder
14:13the sequence
14:14of how the
14:15transactions
14:16happen in
14:16the block.
14:17So you
14:17can't leverage,
14:18so it's,
14:19so it
14:19contributes to
14:20security because
14:21you can't
14:21rearrange the
14:22blocks and
14:23rearrange the
14:24transactions in
14:25the block.
14:25It also
14:26contributes to
14:27scalability
14:28because now
14:28you can,
14:29you can change
14:30a single
14:30cell within
14:31that row.
14:32So all of
14:32that contributes
14:33to both
14:34scalability and
14:35also,
14:35so the other
14:36thing is that
14:37how our
14:40consensus
14:40mechanism works
14:41in a way so
14:41that the
14:42person,
14:43the node
14:44that's
14:44responsible for
14:45say,
14:46tag number
14:47three,
14:47four,
14:47and seven
14:48is selected
14:50at random
14:51at the beginning
14:52of each cycle.
14:53Our cycle is
14:5460 seconds.
14:55At the end
14:55of every minute,
14:56the algorithm
14:58picks a new
14:59set of
15:00people who
15:01are,
15:01who are,
15:03who can
15:03consense on
15:04that,
15:05on that,
15:05on each
15:06transaction.
15:07So the,
15:08so because of
15:09this dynamic
15:10nature and
15:11because we
15:12change this and
15:12nobody knows
15:13even that,
15:14even the,
15:14the node
15:15that's responsible,
15:17we,
15:17first of all,
15:18we don't know
15:18which node is
15:19going to be
15:19get picked and
15:20that node doesn't
15:21know which tab
15:22it's responsible
15:22for.
15:23So it makes
15:23it very secure.
15:24So that's how
15:25we address the
15:26trilemma.
15:26So I just want
15:27to make sure
15:27that you,
15:28you know,
15:28your,
15:28your audience
15:29understands how
15:30this technology
15:31works.
15:32Absolutely.
15:32I think this is
15:32again,
15:33very,
15:33very interesting,
15:34especially how
15:35the transactions
15:37are processed
15:38in a certain
15:40order as
15:42they,
15:42as they are
15:42received.
15:44And,
15:44you know,
15:45so that,
15:45that solves
15:46the front running
15:47or MED problems,
15:48you know,
15:49that just
15:49for the
15:49change face
15:50today.
15:50So I think
15:51for DeFi,
15:54you know,
15:54all the builders
15:54who are building
15:55into DeFi,
15:56I think they
15:57should try
15:57Shardium and,
15:58and,
15:58and because this
16:00is one of the
16:00pressing challenges,
16:01especially in the
16:02DeFi ecosystem.
16:04Absolutely.
16:04And,
16:05and,
16:05and Shuni also
16:06mentioned that,
16:07you know,
16:09there's no
16:10unpredictable gas fee.
16:12So can you just
16:12briefly touch upon
16:14what it means,
16:15how the gas fee
16:17will always remain
16:17low and stable
16:18on our Shardium?
16:20Yeah,
16:21so because we have,
16:22you know,
16:22dynamic state
16:23sharding,
16:24we can,
16:25we can have a much
16:27tighter control
16:27on the gas fee
16:28because the processing
16:29that's required
16:30for,
16:31for transactions
16:32is much lower.
16:34And,
16:34and so,
16:35so the classic
16:37problem that I
16:37mentioned that we
16:38had earlier with
16:38Ethereum where,
16:39you know,
16:39somebody launches
16:40a meme coin
16:41and now the
16:41network is
16:42completely bogged
16:43on because
16:44they can dynamically
16:45increase the number
16:46of,
16:47you know,
16:48they can't just
16:49scale up to
16:50meet that demand,
16:51but Shardium can.
16:52And because we
16:53can scale up,
16:54you know,
16:54automatically
16:57and,
16:57you know,
16:58transparently,
16:59we can still
17:00keep the gas fee
17:01low.
17:02And because there's
17:02no block that's
17:03being processed,
17:05they,
17:05they,
17:05we know the cost
17:06of consensus
17:07for a transaction
17:08and that doesn't
17:09vary much
17:09across,
17:11you know,
17:11so definitely
17:14for coin transfers,
17:15it's,
17:15it's a very,
17:16very,
17:16very small
17:17fixed fee.
17:18Now,
17:19when,
17:20once we have
17:21smart contracts
17:23running,
17:23there will be
17:24some variability
17:24because smart
17:25contracts,
17:26you know,
17:26there are different
17:27opcodes that
17:28are priced
17:28differently.
17:29So for,
17:30for smart
17:31contracts,
17:32the,
17:32the,
17:34it's more of a
17:34variable gas fee,
17:36but it's still
17:36going to be very,
17:37very small
17:38and still very
17:38predictable
17:39compared to
17:40any other
17:41AVM out there.
17:43Got it.
17:44No,
17:44I think it will be
17:45a boon for
17:46DeFi,
17:47gaming,
17:48micropayments
17:49in the case of
17:50enterprises.
17:51I think
17:51lower gas fee
17:53always translates
17:54to a high
17:55economic value
17:56for any app
17:57which is building
17:57on Shardium.
17:59Yep,
17:59100%.
18:00Think about
18:01this concept,
18:02right?
18:02Pretty much
18:03anybody who's
18:03running anything
18:04on any network
18:05should seriously
18:06look at Shardium.
18:08Absolutely.
18:09I,
18:09I,
18:09I 100%
18:10agree.
18:11So,
18:12now,
18:13you know,
18:14because I think
18:15validators play
18:16a massive,
18:17very important
18:18role in,
18:19in scaling
18:20Shardium,
18:21right?
18:21and,
18:22we,
18:24we at
18:25Zeve,
18:26as a
18:26node provider,
18:27we have
18:27partnered with
18:28Shardium
18:28to launch
18:29one-click,
18:30no-code,
18:31no-non-custodial
18:32kind of launch
18:33of validator
18:34nodes
18:34at a very
18:35reasonable price.
18:36So,
18:37from your
18:38perspective,
18:38from Shardium's
18:39perspective,
18:40how does this
18:40partnership
18:41help lower
18:42technical barriers
18:43and accelerate
18:43the onboarding
18:45of validators?
18:45Yeah,
18:47see,
18:48one of the
18:48biggest challenges
18:49for people
18:50wanting to run
18:51a validator node,
18:53say,
18:53if you want to
18:53run a validator
18:54node in
18:54Ethereum,
18:55it is
18:56really hard.
18:57You know,
18:58you have to be
18:58very tech-savvy,
18:59you need to
19:00know a lot
19:00of things,
19:02you know,
19:02it's like
19:03the,
19:04the process
19:04of,
19:05I mean,
19:05like everything
19:06else in Web3,
19:07it's like,
19:08it's a really
19:08daunting process
19:09and most people
19:10don't even bother
19:11doing it because
19:11it's just easier
19:12for them to go
19:13to a pool.
19:14But,
19:15but then
19:15you're not
19:16really helping
19:16secure the
19:17network.
19:18So,
19:18when,
19:19you know,
19:19when somebody
19:20like Zeev
19:21partners with
19:22Shardium and
19:23you provide a
19:24simple one-click
19:25solution that
19:27just says,
19:28hey,
19:28you know,
19:29run your
19:29credit card
19:29here,
19:30click here,
19:31and you're
19:32up and running,
19:33that is a
19:33very powerful
19:34incentive for
19:35somebody to go
19:35in and say,
19:36okay,
19:36here,
19:36you know,
19:36I can help
19:37secure this
19:38network and
19:39also earn
19:40rewards at the
19:41same time.
19:41So,
19:42it's like,
19:42and I'm
19:43making it more
19:44secure.
19:44My funds are
19:45secure,
19:45everybody else's
19:47funds are
19:47secure.
19:48It makes,
19:49you know,
19:50it's,
19:50it kind of
19:51ticks all the
19:52boxes.
19:53So,
19:54thank you for
19:55the,
19:56you know,
19:56for your
19:56partnership.
19:58Absolutely.
19:59I think you're
20:00absolutely right.
20:00And I think
20:01one thing that
20:02we have seen,
20:03we as a
20:04validator as a
20:04service,
20:05we provide
20:06validators for
20:07quite a few
20:08blockchains.
20:09But in most
20:10of the cases,
20:10we had to
20:11design the
20:12staking
20:12dashboard.
20:14The best,
20:14one of the
20:15best thing we
20:15liked about
20:16Stradium was
20:16that you
20:17already have
20:18a staking
20:18dashboard that
20:20we have
20:20connected with
20:22the one-click
20:22deployment.
20:23And I think
20:24it's making it
20:24very,
20:25very easy,
20:25you know,
20:26combining the
20:26one-click
20:27deployment and
20:27management of
20:28Zeev plus the
20:29staking dashboard,
20:30which is part of
20:31the validator
20:32stack.
20:33I think makes
20:34this very,
20:34very easy for
20:35anyone who
20:35wants to
20:36launch as
20:37well as
20:37stake and
20:37unstake and
20:38manage their
20:39nodes from
20:40an interface.
20:41So I think
20:41collectively,
20:42it makes it
20:43very,
20:44very easy.
20:45So are you
20:47also seeing
20:49traction among
20:50the enterprises
20:51to run
20:52Stradium nodes?
20:53Or right now,
20:54it's more of
20:55individuals and
20:56organized validators
20:58who are running
20:58the nodes?
21:00No, I think
21:00we are seeing
21:01interest from
21:01other enterprises
21:02who want to
21:03run nodes.
21:05And I
21:06obviously,
21:07I'm not the
21:07right person
21:08to,
21:08I don't really
21:09have much
21:10visibility into
21:11that.
21:11You need to
21:12talk to our,
21:12you know,
21:14to our PD
21:15and marketing
21:15team.
21:16But yes,
21:17there's definitely
21:17interest because
21:18it makes a lot
21:19of sense,
21:19right?
21:20So you look
21:21at what you
21:22guys are
21:22providing like
21:23Zeev.
21:23One click,
21:24you know,
21:25and to launch
21:26a node and
21:27be part of
21:27the Web3
21:28ecosystem is
21:29an incredible
21:29thing.
21:30And,
21:31you know,
21:31I'm sure
21:33there's a lot
21:35more that can
21:36be done for
21:37the enterprises.
21:39So now,
21:39you know,
21:40a bit about
21:41traction on
21:42the chain.
21:43So you've
21:43launched your
21:44mainnet,
21:45you're already,
21:45and as you
21:46just mentioned
21:47that you have
21:47launched the
21:48testnet with
21:48smart contract
21:49capabilities so
21:50people can
21:51deploy their
21:51projects.
21:52So can you
21:53talk about a
21:54bit of the
21:54early traction
21:55that you have
21:55on Shradium?
21:56And at the
21:57same time,
21:57what the future
21:58roadmap looks
21:59like?
21:59Yeah,
22:00so,
22:00you know,
22:01since we
22:02launched,
22:03we have
22:03seen,
22:03you know,
22:04definitely
22:04seen traction
22:05and as
22:08you know,
22:09the whole
22:09Web3
22:10landscape is
22:12changing very
22:12rapidly and
22:13the U.S.
22:13is at the
22:14forefront of
22:14that.
22:15There have
22:15been several
22:16bills that
22:17have been
22:17passed
22:17recently that,
22:19you know,
22:20pushes
22:21stablecoins,
22:22pushes
22:22crypto and
22:24Web3 firmly
22:25into the
22:26perspective of
22:29the common
22:30man,
22:30at least in
22:31the U.S.
22:31And I
22:32think that
22:33will drive a
22:34lot of the
22:34interest.
22:35I fully
22:37anticipate a
22:38bull market in
22:39the crypto
22:40space in the
22:41upcoming months.
22:43So having
22:43said that,
22:44I think
22:44there's also,
22:45because of
22:45that,
22:46there's a
22:46renewed
22:46interest in
22:47a lot of
22:49things,
22:49you know,
22:49meme
22:49coins,
22:51DeFi
22:52protocols,
22:52and,
22:54you know,
22:55and the
22:56minute such
22:56a thing,
22:57that market
22:58space opens
22:59up,
23:00it makes
23:00it incredibly
23:02persuasive
23:06for different
23:07companies to
23:08try their
23:08products first
23:09on Shardium
23:09because,
23:10you know,
23:11you can scale
23:11easily,
23:12the costs
23:12are low,
23:14you know,
23:14you can,
23:15you know,
23:16so I think
23:17it's going
23:18to create
23:19a more
23:21viable
23:21ecosystem
23:22for people
23:23to even
23:23experiment
23:24with using
23:24Web3
23:25in their
23:25products.
23:26There are,
23:27you know,
23:28like,
23:28we have not
23:29even looked
23:30and pushed
23:31the frontiers
23:32of where we
23:32can go,
23:33like,
23:33for instance,
23:33gaming
23:33applications.
23:35They could
23:35definitely
23:36benefit from
23:37having a
23:38low-cost,
23:39dynamically
23:41scaling,
23:42you know,
23:43decentralized
23:43chain,
23:44for instance.
23:45So I
23:46anticipate
23:47a whole
23:49host of
23:49new
23:50players in
23:51the space.
23:51some that
23:52we have
23:52not even
23:53thought of.
23:54You know,
23:55if you had
23:55told me
23:56three years
23:56ago that
23:57AI is going
23:57to be as
23:57big as
23:58this,
23:58you know,
23:59I would
23:59have probably
23:59been very
24:00skeptical,
24:01but here
24:02we are.
24:02So you
24:03never know
24:03what the
24:03future holds,
24:04but we
24:05think that
24:05this is a,
24:06all the
24:07things are
24:07pointing to
24:08a,
24:09this
24:10ecosystem
24:11growing,
24:12not shrinking.
24:13So I
24:13see great
24:14things for
24:15this,
24:16in this
24:16space.
24:16absolutely.
24:19I think I
24:20cannot agree
24:21more.
24:22All the
24:23use cases
24:23where you
24:24require higher
24:25support,
24:26they require
24:26lower gas
24:27fee,
24:28and assurance
24:29of scalability,
24:30right?
24:30Yep.
24:31Makes it
24:32very compelling.
24:33You know,
24:34Shardium can
24:35become the
24:35go-to chain
24:36for gaming,
24:37for payments,
24:38and
24:38decentralized
24:41trading,
24:41whether it be
24:42perpetuals or
24:43spot trading.
24:44Wherever we
24:44require,
24:45there are
24:46a massive
24:46number of
24:47transactions
24:47happening,
24:48higher scalability
24:49is required,
24:49at the same
24:50time,
24:50a clear
24:51control on
24:51gas fee
24:52is required.
24:54And as
24:55you said,
24:56you know,
24:56Genius Act
24:57was recently
24:57passed in
24:58the US,
24:59which at
24:59least now
25:00we have
25:01a clear
25:01regulation on
25:02the stable
25:02coins,
25:03and other
25:03acts are
25:04also going
25:05to come
25:05in by
25:06the end
25:06of this
25:07year.
25:08So I
25:08think the
25:09regulatory
25:10framework is
25:10now being
25:11formed,
25:11and once
25:12the US
25:12does,
25:13I'm sure
25:14a lot of
25:14other
25:15countries
25:15are going
25:15to follow.
25:17And we
25:17are going
25:17to see
25:18a lot
25:18more
25:18regulations
25:18coming in
25:19the next
25:19one to
25:19two years.
25:20It will
25:21be very
25:21good for
25:21real-world
25:22asset
25:22tokenizations,
25:23enterprises
25:23getting into
25:24it.
25:25And I
25:25believe,
25:25and I
25:26wanted to
25:26see your
25:27take,
25:28how do
25:28you see
25:28enterprise
25:29adoption,
25:31whether
25:31enterprise
25:32adoption
25:32is going
25:32to be
25:34at the
25:36front of
25:36the next
25:37bull run?
25:38I think
25:38so.
25:39I mean,
25:39you can
25:39already see
25:40that,
25:40right?
25:40Like you
25:41mentioned
25:41real-world
25:41assets and
25:42things like
25:43PayFi.
25:43there is
25:45a huge
25:46growing
25:48interest.
25:50And all
25:50of this
25:51would,
25:51you know,
25:52people are
25:54getting a
25:55little wary
25:55of
25:55centralization
25:56in some
25:56ways.
25:57It's,
25:58so,
25:59decentralization
26:00is also
26:01very important,
26:01you know,
26:02given how
26:02people are,
26:04you know,
26:06the global
26:07conflict
26:07happening,
26:08people don't
26:09like,
26:10you know,
26:10there are
26:10some
26:10use cases
26:13where
26:13decentralization
26:15is a
26:15powerful
26:15motivator
26:16and having
26:17a network
26:18that's run
26:18by validators
26:19around the
26:20globe has
26:20its own
26:21appeal.
26:22And
26:22clearly,
26:23when it
26:23comes to
26:23payment
26:24systems,
26:24for instance,
26:25having a
26:26UPI that
26:27works
26:28globally
26:29is a
26:29powerful
26:30motivator.
26:31I totally
26:32see enterprises
26:32driving this
26:33next front
26:34of adoption.
26:35Absolutely.
26:38You know,
26:38I think it
26:38has been
26:39a great
26:41session,
26:41great
26:42insights.
26:43So,
26:43one last
26:43question
26:43before we
26:44sign off.
26:45Sure.
26:45So,
26:46builders who
26:46are looking
26:46to build
26:47on Shadian,
26:48what kind
26:48of support
26:49is available
26:49today?
26:51I'm sure,
26:52you know,
26:52I see your
26:53website,
26:54there's a
26:54solid
26:54documentation,
26:55everything is
26:56open source,
26:57and there's
26:57a huge
26:59community
26:59already,
27:00which again
27:01can be a
27:02supportive
27:02structure.
27:03So,
27:03what are
27:04your
27:05thoughts,
27:06you know,
27:06tell the
27:07builders if
27:08they look
27:08to build
27:09on Shadian?
27:10Yeah,
27:10so,
27:11you know,
27:11one of the
27:12things as we
27:12launched this,
27:13you know,
27:14this test net
27:15with smart
27:16contract support,
27:17we also
27:17created a
27:18playground with,
27:19you know,
27:20a few sample
27:21apps.
27:21I think we
27:21have about
27:22less than
27:2220,
27:23I don't
27:23remember the
27:24exact count
27:24today,
27:24but,
27:25you know,
27:25that's a
27:26great place
27:26for builders
27:27to come
27:28and see
27:28what kind
27:29of dApps
27:30you can
27:31build,
27:31maybe
27:31inspired by
27:32some of
27:33the dApps
27:34there,
27:34this,
27:36you know,
27:36the net
27:37is filled
27:39with examples
27:40and templates
27:42for very
27:43interesting,
27:44you know,
27:47dApps
27:47that people
27:49can build.
27:50Come try out
27:51Shadium,
27:52you know,
27:52we have a
27:54playground,
27:54the URL,
27:55I'm sure you
27:56guys will
27:56publish that,
27:57and,
27:58you know,
27:58this,
27:59I'm hoping
28:00to see,
28:01one of the
28:02things that
28:02we'll probably
28:03do over the
28:03next upcoming
28:04weeks is we
28:05showcase,
28:06you know,
28:07certain dApps
28:09and have
28:10people come
28:11take a look
28:11at it.
28:12So one thing
28:12that the
28:13community could
28:14do is that
28:14if you have
28:15like a
28:16fantastic app
28:18that you want
28:18to showcase,
28:19this is a
28:20great place.
28:20Come run it
28:22on Shadium
28:22and now
28:23you have
28:24a,
28:25now you
28:25can see,
28:26it can be
28:28a great
28:28discovery platform.
28:29So come
28:30showcase your
28:31dApps on
28:31our playground
28:32and see,
28:33you know,
28:34what,
28:34it's a good,
28:36easy and
28:36inexpensive way
28:37to showcase
28:38your product.
28:40So I would
28:40strongly encourage
28:41all builders
28:41to come check
28:43it out,
28:43run your
28:44dApps on
28:45Shadium
28:45playground
28:46and,
28:47you know,
28:47be part of
28:48our marketing
28:49campaigns.
28:51Absolutely.
28:51Thanks,
28:52Srini.
28:53I think
28:53it was a
28:55very insightful,
28:56thought-provoking
28:57conversation with
28:58you,
28:59especially learning
28:59about the
29:00technology behind
29:01Shadium,
29:02which is super,
29:03super interesting
29:03and innovative.
29:05And thanks for
29:06joining us
29:06and we
29:07treasure our
29:08partnership with
29:09Shadium and
29:10I wish you
29:11all the best
29:12taking Shadium
29:14to the next
29:14level and
29:15becoming one of
29:16the biggest
29:16smart contract
29:17platforms we
29:17have today.
29:18Thank you
29:18very much.
29:20Thank you to
29:21everybody else
29:21who joined
29:22in.
29:23Thanks,
29:23thanks,
29:24for your
29:24partnership.
29:25Appreciate it.
29:26With that,
29:27you know,
29:27we are at
29:28the end of
29:28our session.
29:29Thanks everyone
29:29for joining.
29:31Keep building,
29:31keep styling.
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