CertiK Price Chart Update [CTK]

What is CertiK?

CertiK is a security-first blockchain that utilizes a delegated proof-of-stake consensus mechanism. Its primary focus is on ensuring the trustworthy execution of mission-critical applications such as DeFi, NFTs, and autonomous vehicles. Cross-chain compatibility is a key feature of CertiK, as it is built as a Cosmos Hub with full compatibility with EVM and Hyperledger Burrow. Additionally, CertiK is compatible with eWASM and Ant Financial's AntChain. The Security Oracle is a significant aspect of CertiK, providing real-time protection for on-chain transactions by identifying and flagging potential vulnerabilities before they can cause harm. The ShentuShield system, on the other hand, offers a flexible and decentralized reimbursement system for blockchain projects in the event of lost or stolen crypto assets due to security issues.

DeepSEA is a highly secure programming language supported by reputable organizations such as the Ethereum Foundation, Qtum Foundation, and IBM. It works in conjunction with the Shentu Virtual Machine (SVM), which is fully compatible with EVM. By utilizing the SVM, developers gain access to critical smart contract and blockchain security information, enhancing their decision-making process. The native digital utility fuel of CertiK is CTK, serving as the core utility for various on-chain functionalities.

What is the CertiK Security Oracle?

The CertiK Security Oracle is a decentralized network composed of operators who employ cutting-edge security technologies to assess the reliability of mission-critical smart contracts, particularly those used in DeFi. These operators receive CTK rewards in exchange for providing real-time and updatable scores. The Security Oracle is interoperable with any protocol, ensuring that users can make informed decisions when interacting with smart contracts. Integrated smart contracts have the ability to detect and prevent malicious transactions, thereby safeguarding against crypto asset loss.

What is CertiK ShentuShield?

CertiK ShentuShield is a decentralized membership system that facilitates reimbursements for lost or stolen cryptocurrency from any protocol. This system allows blockchain projects and individual community supporters to participate and contribute as Collateral Providers, Shield Purchasers, or both. Collateral Providers earn staking rewards on their staked CTK and a portion of the fees paid by Shield Purchasers. Shield Purchasers, on the other hand, reserve funds from the Pool for reimbursements and pay a fee in CTK to the Collateral Providers. The system includes a growing list of publicly viewable and audited clients.

What is CertiK DeepSEA?

CertiK DeepSEA is a secure programming language and compiler toolchain that is compatible with the SVM, EVM, eWASM, and Ant Financial's AntChain. It has received grants for research from prestigious organizations like Ethereum, IBM-Columbia, and Qtum. DeepSEA utilizes mathematical proofs to ensure that the intended specification aligns with the actual code, allowing for greater formal verification and correctness.

What is the CertiK Shentu Virtual Machine (SVM)?

The CertiK Shentu Virtual Machine (SVM) is designed to be fully compatible with EVM and follows the x86-64 OS process model, with potential extensions to arm64 in the future. This virtual machine allows smart contracts to interact differently based on their risk tolerance and incorporates a smart contract sandbox to isolate the operation of unsecured contracts from the rest of the system.