Shido [Old]

ShidoChain is a Layer 1 EVM Blockchain that has special attributes designed for high transaction speed, security and reliability. $SHIDO is the native currency on ShidoChain and the governance token in all our utilities. ShidoChain is set to launch in first half of 2023.ShidoChain is using EVM software platform. The EVM grants developers the ability to create smart contracts and dApps on ShidoChain. ShidoChain is built using Solidity as programming language. The cross-chain compatibility make it easy to migrate dApps and Smart Contracts.ShidoChain is using Proof-of-Stake as consensus mechanism to process transactions and validate new blocks. This will ensure that ShidoChain maintain a high transaction speed and is also more environmental friendly. The rapid process of confirming transactions makes ShidoChain scalable.Shido is also building ShidoBridge that works with ShidoChain. Using ShidoBridge you will be able to create and mint new tokens on ShidoChain. The newly minted tokens will be pegged to the value of the original token as a wrapped token. Users will be able to bridge tokens without paying a fee.Shido will start an incubation program for ShidoChain. There will be at least three significant Airdrops from 3 different projects on ShidoChain. For the first Dex, Launchpad and Oracle launched on ShidoChain we will airdrop holders of $SHIDO, product users and contributors.ShidoChain will support high transaction speed and low gas fees by design. It boost Cross-Chain Compatibility with Ethereum and Binance Smart Chain. As ShidoChain is EVM-Compatible it will be easy for Solidity developers to migrate dApps and Smart Contracts to the chain.$SHIDO is the native currency on ShidoChain. There will be no new minting of tokens upon launch of the Blockchain. The existing supply of $SHIDO will be used.A lot more information on ShidoChain will roll out the nearest time. Stay tuned for further announcements.🌐 shido.finance

Shido launching new Blockchain. ShidoChain - Layer 1 EVM Blockchain

Shido

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