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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ --
Circulation/Max
93.69M/
Dominance
0.00%
ROI --%
$0.00000000$3.97401699
Low · 2020/10/232020/10/23 · High

Information

What is the description of Shentu Chain?

Shentu Chain is a security-first, delegated proof-of-stake blockchain designed for trustworthy execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles. It prioritizes cross-chain compatibility and is built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility. Shentu Chain is also compatible with eWASM and Ant Financials AntChain. The Security Oracle provides real-time guards for on-chain transactions, identifying and flagging various malicious vulnerabilities before they occur. Audited blockchain projects of any protocol may be eligible for a ShentuShield membership, a decentralized reimbursement system for irretrievably lost or stolen crypto assets due to security issues. ShentuShield memberships are open to all community members of eligible blockchain projects, offering a safety net to holders of crypto assets in case of unexpected events.

Projects can code in DeepSEA, a hyper-secure programming language supported by the Ethereum Foundation, Qtum Foundation, and IBM. DeepSEA works directly with the Shentu Virtual Machine (SVM), which is fully compatible with EVM. SVM exposes smart contract and blockchain security information, enabling unprecedented ways to access, check, and incorporate risk into smart contract decisions. CTK is the native digital utility fuel of Shentu Chain, serving as the core utility for on-chain functionalities such as operating the Security Oracle and ShentuShield systems, paying gas consumption of Shentu Chain, and voting for governance decisions within the network.

Answers

What Is Shentu Chain?

Shentu Chain is a security-first, delegated proof-of-stake blockchain designed for trustworthy execution of mission-critical applications such as DeFi, NFTs, and autonomous vehicles. It prioritizes cross-chain compatibility and is built as a Cosmos Hub with full EVM and Hyperledger Burrow compatibility, as well as compatibility with eWASM and Ant Financials AntChain. Shentu Chain provides real-time guards of on-chain transactions through the Security Oracle, which identifies and flags malicious vulnerabilities before they occur. Audited blockchain projects of any protocol may be eligible for a ShentuShield membership, a decentralized reimbursement system for crypto assets lost or stolen due to security issues. ShentuShield memberships are open to all community members of eligible blockchain projects, providing a safety net to holders of crypto assets in case of unexpected events.

Projects can code in DeepSEA, a hyper-secure programming language supported by the Ethereum Foundation, Qtum Foundation, and IBM. DeepSEA works directly with the Shentu Virtual Machine (SVM), which is fully compatible with EVM. SVM exposes smart contract and blockchain security information, enabling unprecedented ways to access, check, and incorporate risk into smart contract decisions. The native digital utility fuel of Shentu Chain is CTK, which serves as the core utility for on-chain functionalities and governance decisions within the network.

What is the Security Oracle?

The Security Oracle is a decentralized network of operators that use industry-leading security technologies to evaluate the reliability of mission-critical smart contracts, particularly those used in DeFi. Operators receive CTK rewards in exchange for providing real-time, updatable scores. The Security Oracle is interoperable with any protocol, allowing users to make educated decisions before interacting with smart contracts. Smart contracts integrated with the Security Oracle can flag and prevent malicious transactions, preventing crypto asset loss. More information is available here.

What is ShentuShield?

ShentuShield is a decentralized membership system that enables reimbursements of lost or stolen cryptocurrency from any protocol. Reimbursement decisions are made at the discretion of ShentuShield members, which can be blockchain projects or individual community supporters. Members can participate as Collateral Providers, purchasing protection for their crypto assets as Shield Purchasers, or both. Collateral Providers earn staking rewards on their staked CTK and receive a share of fees contributed by Shield Purchasers. Shield Purchasers reserve funds from the Pool for reimbursements, paying a fee in CTK that goes to Collateral Providers. A list of publicly viewable, audited clients can be found here.

What is DeepSEA?

DeepSEA is a secure programming language and compiler toolchain compatible with SVM, EVM, eWASM, and Ant Financials AntChain. It has received research grants from Ethereum, IBM-Columbia, and Qtum for its hyper-secure programming language. DeepSEA automatically generates mathematical proofs to ensure alignment between the intended specification and the actual code, allowing for greater depth of formal verification and correctness.

What is the Shentu Virtual Machine (SVM)?

SVM is fully compatible with EVM and follows the x86–64 OS process model, with possible extensions to arm64 in the future. It enables on-chain security parameters, allowing smart contracts to interact differently based on their risk tolerance. SVM also supports a smart contract sandbox, isolating the operation of unsecured smart contracts from the rest of the system.