The Shardus Consensus Algorithm: A Blockless Architecture for Immediate Transaction Processing

The Shardus Ledger is a fourth generation distributed ledger that utilizes a blockless architecture. Shardus is a decentralized ledger that is sharded to evenly distribute compute, storage and bandwidth across all nodes. By processing each transaction separately, instead of into blocks, we are able to achieve true scalability and dramatically improve throughput. The scalability issue remains unsolved, and major advances and adoption will require a basic rethinking of technical approaches to solve the issue, says founder of the first coin-based start-up.