Shardeum was founded in 2022 by Nischal Shetty, founder of Wazirx cryptocurrency exchange, and Omar Syed.
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While blockchain technology has the inherent advantage of transparency, enabling anyone to view all transactions on-chain, DOP argues that this approach should be reconsidered.
Prominent game titles with a combined funding of over $320 million have already begun development on zkEVM.
The Testnet introduces key components such as the U2U Chain, serving as the project’s primary infrastructure, the U2U Wallet, a non-custodial cryptocurrency wallet, and the U2NFT marketplace.
Tenet is an EVM-compatible L1 protocol that aims to bring additional liquidity and yield opportunities to LSDs by allowing users to re-stake their assets on the network and participate in Tenet’s DeFi ecosystem.
The platform offers a comprehensive suite of DeFi tools aimed at both individual and institutional traders in the MultiversX ecosystem.