Introducing Shentu Chain: Empowering Trust in Blockchain

In this blog post, you’ll get a quick rundown of the Shentu Chain and its remarkable features.

Shentu Chain is deeply committed to propelling security and trust in decentralized technologies. Shentu Chain aims to empower developers, enterprises, and users with tools and platforms, establishing standards in security and efficiency. With a vision for a more secure, decentralized future, Shentu Chain is dedicated to pioneering solutions that build trust and enhance innovation in the Web3 space.

Why did we build the Shentu Chain?

As the web3 industry thrived, coming along with unique risks that can be jeopardised unless they’re handled carefully. Nowadays, it’s no longer surprising for hackers to target insecure code and untested economic models. During the last year of the COVID-19 pandemic (2022), about $3.8 billion worth of cryptocurrency was stolen globally, according to a U.S.-based blockchain analytics firm tracking cybercrime. Funds were lost, stolen, frozen, or otherwise inaccessible. Poor cybersecurity resulted in losses for thousands of individuals.

The development of Shentu Chain started four years ago when the DAO hack on the Ethereum network revealed the critical conflict between securing crypto and exploiting vulnerabilities. Having witnessed the expansion of cryptocurrencies and the consequent surge in vulnerabilities and financial risks arising from exploits, bugs, and hacks, the experienced engineering team acknowledged the urgent need for solutions to handle such types of issues.

What is Shentu Chain?

The goal of Shentu Chain is to become the infrastructure of provable trust for all. Alongside the advanced security tech used to secure Shentu Chain, the blockchain serves as a platform for those seeking security and correctness.

In maintaining its sustainability, the chain prioritizes economics and performance through the use of a Delegated Proof-of-Stake (DPoS) consensus protocol. Enhancing accessibility, it integrates the Cosmos framework, ensuring modularity and inter-chain compatibility, complemented by a fully compatible virtual machine supporting EVM. To fortify security in a decentralized manner, the chain incorporates a native decentralized security oracle, actively thwarting real-time security attacks. Furthermore, it implements a built-in decentralized asset pool to mitigate and shield digital assets from security vulnerabilities at the chain level.

Positioned as a secure foundation for blockchain infrastructure and decentralized applications (dApps), it integrates on-chain features such as the Security Oracle, Shentu Shield Reimbursement Pool, and employs the secure programming language DeepSEA. These features of Shentu Chain ensure the security of various blockchain products throughout the lifecycles.

Why does it matter?

Although many projects provide great security solutions, Shentu Chain stands out as a premier Proof-of-Stake (DPoS) blockchain with remarkable security features.

Shentu Chain is at the forefront of a movement aiming to revolutionize security and trust in the Web3 landscape. It aspires to ensure comprehensive security for blockchain projects through its feature-rich offerings, including the ShentuShield reimbursement pool, Security Oracle, and the secure DeepSEA programming language.

By amalgamating technological advancements, transparent governance, and a commitment to trust, Shentu Chain aims to raise the bar for security and reliability in the blockchain industry.

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