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Shiden Network is fundamentally a decentralized application layer tailored for low-latency, multi-chain dApp development. It capitalizes on the shared security and scalability offered by the Polkadot ecosystem, thus positioning itself as a viable solution for developers aiming to build a broad range of applications—from decentralized finance (DeFi) to non-fungible tokens (NFTs) and beyond.
One of its most distinguishing features is its compatibility with the Ethereum Virtual Machine (EVM) and WebAssembly (WASM). This dual compatibility enables developers to create versatile smart contracts and dApps, thereby attracting a wider audience of blockchain enthusiasts. Equipped with an innovative incentive system, the Shiden Network nurtures a community-driven approach to app creation and deployment, ultimately enriching the entire blockchain ecosystem.