Boom Token is a social experiment. Blockchain gives us an opportunity to create this deflationary currency, and the deflation mechanism is fully based on smart contract. The basic rules are as below: There were originally 1,000,000,000 Boom in existence. Each on-chain Boom transaction completed, 1% of the transaction amount burned. There will never be newly minted Boom.
Shardus is building distributed ledger software to remedy the problems of traditional blockchains -- scalability, decentralization and efficiency. The technology being developed will use compute and state sharding to accommodate billions of daily active users, allowing for global-scale decentralized networks.