Shentu Price

Shentu (CTK) is a cryptocurrency focused on cybersecurity and enterprise solutions within the blockchain space. Currently ranked #681 with a price of $0.2761, CTK has seen a -1.07% change in the last 24 hours. The token operates primarily within the Cosmos ecosystem and supports DeFi, interoperability, and smart contract functionality. Shentu has a circulating supply of 147.09M CTK with a total supply of 147.72M CTK. The current market capitalization stands at $40.61M, with a 24-hour trading volume of $368.39K. The project aims to provide security solutions for blockchain applications through formal verification technology. Shentu is part of several notable portfolios including Arrington XRP Capital and Kenetic Capital, and participates in the Binance ecosystem. The token supports cross-chain functionality and operates on multiple blockchains, enhancing its utility across different platforms. Since its launch in October 2019, Shentu has developed a comprehensive security infrastructure for the Web3 space, focusing on protecting smart contracts and blockchain applications from vulnerabilities. English (en)

Shentu (CTK) was created on October 19, 2019. It was launched as a cryptocurrency focused on cybersecurity within the blockchain ecosystem. Since its inception, Shentu has developed into a project that combines security verification with blockchain technology, operating within both the Cosmos and Binance ecosystems. The project aims to provide security solutions for smart contracts and blockchain applications, helping to protect digital assets and ensure code integrity across various platforms.

Shentu was founded by Ren Zhang, who serves as the CEO of the project. The founding team also includes key members from the Shentu Foundation, which oversees the development and governance of the CTK ecosystem. The project was launched in October 2019 with a focus on blockchain security and cybersecurity solutions. The founding team has backgrounds in computer security, formal verification, and blockchain technology, which aligns with Shentu's mission to provide security infrastructure for the blockchain space. The project has received backing from notable investors including Arrington XRP Capital, Kenetic Capital, and is part of the Binance Launchpool and Cosmos ecosystem.

Shentu operates on a blockchain platform designed for security and interoperability. As a native token of the CTK network, it powers a decentralized security protocol that provides security auditing and verification services for smart contracts and blockchain applications. Shentu utilizes a Proof-of-Stake consensus mechanism where token holders can stake their CTK to participate in network governance and earn rewards. The token serves multiple functions within the ecosystem: - Security validation and certification - Governance voting rights - Payment for security services - Staking rewards Shentu is built on the Cosmos SDK, enabling cross-chain compatibility and interoperability with other blockchain networks. The protocol employs formal verification techniques to mathematically prove the security of smart contracts before deployment, helping to prevent vulnerabilities and exploits. With a current price of $0.2761 and market cap of $40.61M, Shentu ranks #681 among cryptocurrencies. The token has a circulating supply of 147.09M CTK with a total supply of 147.72M CTK.

Shentu operates on a dual-layer technical architecture that combines the security of the Cosmos SDK with specialized security features. The core layer is built on Tendermint consensus mechanism, providing fast finality and high throughput for transactions. The second layer incorporates DeepSEA, a formal verification framework that enables security auditing of smart contracts. The network uses a delegated proof-of-stake (DPoS) consensus model where CTK token holders can stake their tokens to validators who secure the network. This architecture supports cross-chain interoperability through the Inter-Blockchain Communication (IBC) protocol, allowing Shentu to connect with other blockchains in the Cosmos ecosystem. A unique technical feature is the Security Oracle, which provides on-chain security analysis and certification for smart contracts. The platform also includes a virtual machine compatible with EVM, enabling developers to deploy Ethereum-based applications with enhanced security guarantees. The architecture prioritizes cybersecurity through formal verification methods, making Shentu particularly suitable for enterprise applications requiring high security standards and interoperability across multiple blockchain networks.

Shentu has a promising future roadmap focused on enhancing blockchain security and expanding its ecosystem. As a cybersecurity-focused project within the Cosmos ecosystem, Shentu plans to strengthen its security validation network and expand cross-chain capabilities through 2025-2026. Key upcoming developments include: • Enhanced security oracle services for smart contracts • Expansion of DeGuard security scanning tools • Greater integration with Cosmos IBC and other ecosystems • Development of enterprise security solutions • Launch of additional DeFi security products The team aims to increase adoption through strategic partnerships with major blockchain projects needing security auditing services. With backing from notable investors like Arrington XRP Capital and Kenetic Capital, Shentu is positioned to become a leading security infrastructure provider in the Web3 space by 2030. The current price of $0.2761 reflects early adoption, but as blockchain security becomes increasingly critical, Shentu's specialized services could drive significant growth in utility and value.