Shardeum is an Ethereum Virtual Machine (EVM)-based sharded blockchain, meaning anything that works on Ethereum can work on Shardeum. Sharding generally refers to splitting a blockchain’s infrastructure into smaller pieces to improve scalability, a noted problem with Ethereum, and improve both transaction times and fees. Shardeum can scale infinitely, expanding transactions per second as demand increases, explained Shetty.
Source: https://www.coindesk.com/business/2022/10/18/blockchain-shardeum-raises-182m-to-tackle-slow-traffic-high-fees/?utm_medium=referral&utm_source=rss&utm_campaign=headlines