What does Shiden Network do?
Shiden Network (CRYPTO:SDN) is a multi-chain decentralized application layer on Kusama Network. It supports Ethereum Virtual Machine (EVM), WebAssembly (WASM), and Layer2 solutions from day one. Shiden Network aims to provide a high-performance, scalable, and secure platform for developers to build and deploy decentralized applications (dApps).
Shiden Network's operations are focused on developing and maintaining its platform, as well as attracting and supporting developers. The network is secured by a decentralized network of validators, and it uses a proof-of-stake (PoS) consensus mechanism.
Some of Shiden Network's key projects include the development of bridges to other blockchains, such as Ethereum and Polkadot. The network is also working on developing new features and tools for developers, such as a smart contract IDE and a development fund.
Shiden Network's objectives are to create a thriving ecosystem of dApps on Kusama Network. The network also aims to be a bridge between Kusama and other blockchains, making it easier for developers to deploy their dApps on multiple chains.