Shido [Old]

Shido - The Home of DeFiShido Chain is powered by the lightning fast Tendermint Consensus Engine at its core. This allows Shido to process transactions fast and achieve single-block finality as low as 1 second. Its composed of a Byzantine-Fault-Tolerance (BFT) system and Proof-of-Stake (PoS) consensus algorithm.Depending on the number of validators active on Shido at any given point, we can process between 5,000 and 16,000 transactions per second (TPS). Although this is scalable as we can divide Shido into different zones, being able exponetially increase the number of transactions processed.Shido is combining this with the development power of EVM and deflationary tokenomics with our inbuilt burn function. Our blockchain is interoperable with all chains and dApps in the Cosmos for value sharing and joint liquidity through the IBC Protocol.Shido&#39;s architecture ensures free value sharing with the most prominent Ecosystems in the industry. We are enable to support the transaction needs for millions of users.Shido Mainnet is set to launch in Q3, 2023.Learn More &#x1f449; <a href="https://Shido.io/blockchain" rel="noopener noreferrer nofollow">Shido.io/blockchain</a>

Shido - The Home of DeFi

Shido

Other articles published on Jun 14, 2023

Nym in Prague — the European hub of privacy

Gensler's Latest Video: Bitcoin and Ethereum Labeled 'Not Securities

SEC's Request to Freeze Binance.US Asset for Now Rejected by U.S. Judge

Ripple – Hinman Documents Related to SEC Lawsuit Released: XRP and ETH Prices Reacted

Inflation Data Released in the US: How Did Bitcoin, Dollar, and Gold React?

What Levels Should Ethereum Investors Follow? Current ETH Analysis

Join our free newsletter for daily crypto updates!