
Shido - The Home of DeFi
Shido 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'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 👉 Shido.io/Blockchain