What is CTK Coin and Why is the Price Rising

Rancakmedia.com – What is CTK coin? CTK coin, also known as Certik coin, is a cryptocurrency that has been getting a lot of attention in recent days. The current price of CertiK coin is $2.42 USD, with a 24-hour trading volume of $432,715,064 USD, according to Coinmarketcap data.

CertiK has gained 18.60 percent in the last day. CoinMarketCap's current rating is #409, with a market capitalization of $144,287,337 USD.

Certik Coin has a total supply of 59,546,870 CTK coins in circulation. Binance, Mandala Exchange, Gate.io, PancakeSwap (V2), and ZT are the leading cryptocurrency exchanges for trading CertiK stock today for individuals looking to acquire CTK coins.

What is CertiK Chain?

CertiK Chain is a delegated proof-of-stake blockchain that enables execution application trustworthy majors like DeFi, NFT, and autonomous vehicles.

CertiK Chain emphasizes cross-chain interoperability, having been built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility, as well as eWASM and AntChain support from Ant Financial.

What is CertiK Chain_

Oracle Security, which provides real-time on-chain transaction custodians, recognizes and flags dangerous vulnerabilities before they occur, can provide security insights for blockchain projects across protocols.

CertiKShield membership is a customizable and decentralized reimbursement mechanism for any lost or stolen crypto assets due to security issues, and audited blockchain projects of any protocol can qualify depending on the sum of the security scores.

CertiKShield membership is offered to all eligible members of this blockchain project's community, providing a safety net for crypto asset owners in case of unforeseen events.

DeepSEA, a highly secure programming language supported by the Ethereum Foundation, Qtum Foundation and IBM, can be used to write projects natively. DeepSEA uses CertiK Virtual Machine (CVM), which is compatible with EVM.

CVM creates a new approach to accessing, assessing, and incorporating risk into smart contract choices by exposing smart contract and blockchain security information.

CTK is CertiK Chain's initial digital utility fuel, acting as a core utility for on-chain functions such as powering Oracle and CertiKShield Security systems, paying for CertiK Chain gas usage, and providing the network a voice in governance choices.

What Is CertiKShield, and How Does It Work?

CertiKShield is a decentralized membership system that allows any protocol to replace lost or stolen coins. CertiKShield members, who may be blockchain projects or individual community advocates, make the selection of successors solely at their own discretion.

Members can contribute their own collateral as a Collateral Provider, purchase protection for their crypto as a Shield Buyer, or do both. Guarantee Providers receive staking benefits for their CTK bets, as well as a portion of the fees paid by Shield Buyers.

Shield Buyers pay a fee in CTK to Collateral Providers to order cash from the Pool to use as a replacement for their own crypto assets. The following is a list of audited clients that are visible to the general public.

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