Proof-of-Stake (PoS)

Shido Network is built on Tendermint Proof-of-Stake consensus mechanism. Tendermint consensus engine allows for high performance, scalability and with a superior Time-to-Finality. Transaction fees on Shido are very low with an inbuilt Gasfree function for all participants in the consensus process.

Shido Network is energy and cost-efficient with a robust decentralized governance system. Shido is supporting fast block generations, below <0.90 seconds. The consensus mechanism utilize single block finality, where each transaction added to the blocks are instantly final. This can be compared to Ethereum Network which generates blocks every 12 seconds and a TTF of 12 minutes.