Article Summary, Automatically Generated By AI
Summary of Shido
- Shido is a DeFi Ecosystem consisting of Shido Chain, Shido DeFi Platform, and Shido Wallet.
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Features:
- Decentralized Layer 1 Blockchain
- Transaction Speed, Infinite Scalability, and Interoperability
- EVM Development Power
- Tendermint Consensus Engine
- Deflationary Tokenomics (burns Transaction Fee)
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Benefits:
- Infinite capacity for scaling computations
- Lightning-fast and reliable network
- Decentralized, peer-to-peer,
About Shido
Shido constitutes a comprehensive DeFi ecosystem, meticulously crafted around the triumvirate of Shido Chain, Shido DeFi Platform, and Shido Wallet, thereby fostering a seamless and integrated experience.
Shido is a decentralized Layer 1 blockchain that leverages the transaction speed, infinite scalability, and interoperability of the Cosmos ecosystem. By combining these advantages with the development power of EVM, the Tendermint consensus engine, and a deflationary tokenomics model that burns transaction fees, Shido offers a robust and efficient blockchain solution.
Shido will unlock infinite scalability, empowering it to exponentially scale computations across interconnected blockchains. Each Validator can process transactions in parallel, achieving single-round finality, thereby rendering the Network remarkably swift and dependable.
In this decentralized, peer-to-peer network, intermediaries and centralized authorities are eliminated, fostering a democratized environment. As an open-source platform, it boasts intuitive APIs, ensuring seamless integration. Furthermore, the absence of installation requirements is a notable advantage, as it seamlessly integrates with a custom-built, web-based wallet.
Shido’s innovative architecture facilitates seamless value sharing between Shido and the most esteemed ecosystems in the industry, fostering interoperability with all blockchains within the Cosmos, thereby enabling the free flow of data and joint liquidity.
Shido is capable of supporting the transactional needs of millions of users.