Certik is a blockchain and cryptocurrency project that focuses on enhancing the security and reliability of decentralized applications (dApps) and smart contracts. It achieves this through a combination of blockchain formal verification techniques and a decentralized network of auditors.
Certik employs a certified execution layer with the help of Formal Verification, which mathematically proves the correctness of code and prevents various vulnerabilities and bugs in smart contracts. This ensures the safety and security of the applications built on Certik's blockchain.
Certik also utilizes the concept of Decentralized Oracles, which provides trusted external data sources to smart contracts, enabling them to interact with the real world securely and reliably. This feature enhances the functionality and usability of dApps.
Furthermore, Certik maintains a decentralized network of auditors known as Certik Guardians. These Guardians perform security audits and assessments on smart contracts, ensuring that they are free from vulnerabilities and meet the required standards. The Certik Token (CTK) is the native cryptocurrency of the Certik ecosystem, which is used for governance, staking, and network fees.
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