New Shido Network chain-upgrade proposal is now Live!
We are excited to announce that a new pivotal on-chain proposal is now live, aimed at upgrading the Shido Network.
This major chain upgrade primarily focuses on security enhancements, updating critical packages, upgrading the IBC-go package, and incorporating suggestions from the Zokyo blockchain protocol audit.
This upgrade is crucial for addressing known security vulnerabilities within the Inter-Blockchain Communication (IBC) protocol, ensuring the continued safety and integrity of cross-chain transactions. It also includes several core package updates to enhance the overall performance and stability of the Shido Network.
This marks a significant milestone in our commitment to delivering a secure, efficient, and robust blockchain ecosystem for our valued stakeholders and the broader community.
What’s Included for the Shido Network 👇
✨ New Libraries:
At the heart of this upgrade is the implementation of newly updated libraries. These are not just enhancements but crucial components identified by our strategic audit partner, Zokyo, to eliminate minor vulnerabilities and fortify the blockchain protocol’s resilience. This ensures that Shido remains at the forefront of blockchain security.
🔒 Security Upgrades:
Building on Zokyo’s thorough audit, where the Shido Network received a top score, we are integrating top-tier security upgrades. These enhancements are designed to protect our network against emerging threats, safeguarding your assets and transactions with unmatched reliability.
⚡️ Reduced Latency:
We understand the importance of speed in blockchain transactions. This upgrade introduces optimizations that significantly reduce latency, ensuring that your transactions are processed faster and with higher performance, enhancing the overall user experience.
💡 Optimizations:
We have fine-tuned various aspects of the Shido Network to boost performance and efficiency, especially in the consensus mechanism. These optimizations, along with the core package updates, are designed to ensure that our network not only meets but exceeds the expectations of the most demanding users and investors.
Why This Matters:
This upgrade is more than just a technical enhancement—it’s a strategic move that positions Shido as a leader in the blockchain space. By eradicating vulnerabilities, enhancing security, and optimizing performance, we are setting the stage for Shido to become the preferred choice for institutions and serious investors who demand the highest standards of technology and security.
Next Steps:
If the proposal passes, the software upgrade is planned to take place at block height 4,303,000. All node operators and validators must upgrade their binaries to the latest version to ensure compatibility and continued participation in the network. Detailed instructions for the upgrade process can be found in our GitHub guide.
Your investment deserves a blockchain that evolves with the market, anticipates risks, and delivers unparalleled performance. Join us in supporting this upgrade proposal, and let’s continue to build a future where Shido sets the gold standard in blockchain technology.
Vote now 👉 governance.shidoscan.com
🌐 Shido.io