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Shard Meaning

A shard is a "Fragment" or a "Piece" of a larger database or blockchain. In a "Sharded" system, the network is split into many smaller sections (shards), each capable of processing its own transactions and smart contracts.

This allows the network to process transactions in Parallel rather than in a "Single Line," which is the key to achieving "Global Scale."In a traditional blockchain, every node must process every single transaction. In a sharded blockchain, a node only needs to process the transactions in its specific shard.

The "Global State" of the network is maintained by a "Beacon Chain" (or Relay Chain) that coordinates the information between the shards.

This allows the network’s capacity to grow linearly: if you double the number of shards, you roughly double the speed of the network.The primary technical challenge of sharding is "Cross-shard Communication." If a user in Shard A wants to send money to a user in Shard B, the two shards must securely communicate to ensure the money isn't "Double Spent." This complexity is why many projects (like Ethereum) have shifted their strategy from "Execution Sharding" (splitting the transactions) to "Data Sharding" (splitting the storage), relying on "Rollups" to handle the fast transaction execution on top of the sharded data layer.

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Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

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