What is Certic? What Does CTK Do? - Coinleaks
Current Date:September 21, 2024

What is Certic? What Does CTK Do?

CertiK Chain is a cross-chain, assigned POS Blockchain that aims to give DApps the foundation to collaborate with provable security. In this article, as Kriptokoin.com, “What is Certik?” We will answer the question. In addition, we will touch on other questions about the project.

What is Certic? What does it do?

Certik Chain is a Blockchain that leverages proof-of-stake for the secure execution of applications such as NFTs and DeFi applications. In 2019, Certik released the network after news about Blockchain. It uses the core verification platform at its core to enhance the security of smart contracts. The team behind the technology has announced that it hopes to maximize the potential of complex computing systems with security as a priority.

It is safe to point out that a Blockchain has three key aspects: Decentralization, scalability, and security. While many platforms have created tools to enable decentralization and scalability, many have not prioritized security, which is fundamental to the platform’s growth. Additionally, the team behind the technology has assured users that they are in for the long term. And that means they will provide security services to Blockchain that can expand to other areas of the digital world as well.

What is CTK Coin?

CTK coin is Certik’s native Token. Certik Coin is a utility Token specific to the Shentu chain only. Certik Coin helps facilitate transactions performed on Certik Blockchain. Owning a CTK Token provides several benefits for users. For example; Users with CTK automatically reduce their gas consumption. This results in lower gas prices.

Gas, in this case, refers to the transaction fees required to successfully complete a cryptocurrency transaction. In addition, CTK Token holders can also participate in Shentu Blockchain’s decision-making processes. Owners can vote on blockchain-related decisions. Therefore, CTK Token effectively distributes the administrative power on the Blockchain. In addition, users who own CTK Tokens can receive many other benefits and rewards.

How does Certic work?

Certik claims to prioritize security at all stages of a transaction. One of the most important tools for protocol validation is the Certik Virtual Machine, which checks how correct the execution of the program is. This ensures that there are no errors during implementation to aid functionality and speed. In addition, programmers can also access the software to create a smart contract using DeepSea. Experts believe that DeepSea provides a higher level of security as security has been proven within the system.

What is Certic? How to buy CTK?

Certik is currently traded on numerous cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. The exchanges where Certik is traded are listed as follows: Binance, MEXC, Bybit, BingX. Users who want to invest in the project should open an account on one of these exchanges.