$ 0.3824
4 years ago
(1.05%)
Shif is a dApp-ready, delegated Proof of Stake cryptocurrency with the interplanetary file system - for a decentralized, resilient and highly extensible web 3.0 platform.
The Shift blockchain facilitates a decentralized and immutable means of governance that is consulted by the Phoenix Cluster.
The Shift blockchain runs using a Lisk-based DPoS consensus engine, where 101 delegated nodes oversee the sequential forging of blocks. The selection process involves token holders selecting appropriate delegates. Each user account can vote for 101 delegates, a vote representing their ongoing account balance. This balance or ‘vote weight’ is used to rank and select the 101 forging delegates every 101 assigned blocks.
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