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Rank #453
SHDW Shadow Token
SHDW Price
$0.34814
-2.68% Market Cap
$56.18M
24H Volume
$383.6K
Circ Supply
161.37M
Shadow Token Info
$SHDW serves as the utility token fueling the Shadow dePIN ecosystem, enabling decentralized storage, compute, and network orchestration. Users leverage $SHDW for decentralized data storage, compute services, and various utilities. Shadow Operators bring compute, storage, and bandwidth to the network by staking SHDW to secure their nodes and earn revenue based on their contributions.
Introducing DAGGER: A Scalable Solution
At the core of the Shadow ecosystem is DAGGER, a scalable and bandwidth-efficient L1/L2 hybrid. It operates on a custom consensus mechanism tailored for orchestrating distributed systems and managing vast data stored across decentralized networks.
Flexible Deployment Options
DAGGER networks can be deployed as public permissionless Layer2 networks on any Layer1 protocol or as private Layer1 protocols for exclusive use. Its implicit voting design minimizes communication overhead, leading to quicker data retrieval and cost savings compared to other decentralized systems.
Shadow Drive: The Future of Decentralized Data Storage
Shadow Drive, a flagship product of the Shadow Ecosystem, offers a glimpse into the future of decentralized data storage. Seamlessly integrating with applications on the Solana blockchain and beyond, Shadow Drive prioritizes data security and integrity through its hierarchical model. Rigorous auditing and repair processes ensure system resilience, making it an ideal choice for Web3 developers crafting hosting services, CDNs, social media platforms, and more.
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