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Shentu Chain (CTK) Guide: The Former CertiK Chain Explained

NathanNathan
11 min read
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Guide
Shentu Chain CTK ecosystem, staking and governance guide
Contents

CertiK Chain is now called Shentu Chain. The security-focused Layer 1 adopted the Shentu name after its 2021 Shentu-2 upgrade, while retaining CTK as its native coin. Readers should distinguish Shentu Chain from CertiK, the separate Web3 security company and audit platform.

Shentu is built with the Cosmos SDK and Tendermint-style delegated proof of stake. CTK is used for network gas, staking and on-chain governance. Current official materials highlight the Security Oracle, OpenBounty, a multisignature wallet and OpenMath, while the whitepaper continues to describe the broader security architecture and tools such as DeepSEA.

Naming and product warning: “CertiK Chain,” “CertiKShield” and old CertiK Foundation links in the archived article may point to renamed, changed or unavailable products. Confirm the current Shentu website, explorer, wallet and contract or network details before sending CTK or staking.

Shentu Chain status in 2026

Original article term or claimCurrent status
CertiK ChainRenamed Shentu Chain in 2021; the CTK ticker was retained
CertiK is the decentralized smart-contract platformAmbiguous; Shentu is the blockchain, while CertiK is a separate security company
CertiKShield operates as insuranceOfficial materials describe reimbursement pools, not regulated insurance or guaranteed coverage; availability and terms must be checked
Security Oracle proves a contract is safeToo strong; a score or audit is evidence, not a guarantee against exploits
CTK holders earn rewards by stakingGenerally current, but rewards, validator commission, slashing and the 21-day unbonding period affect results
Five fixed proposal typesGovernance interfaces and allowed messages can change with network upgrades

What is Shentu Chain?

Shentu is a security-oriented sovereign blockchain designed to store and use security information on-chain. Its official site describes decentralized security mechanisms, analysis and security oracles, plus compatibility and interoperability goals. The chain remains active: its official explorer displays current chain data and validators.

Its security positioning does not eliminate normal blockchain risks. A formal proof applies only to the specified code and assumptions; an audit can miss flaws; an oracle can provide incomplete or stale inputs; and applications can still fail through governance, key management, economic design or integrations.

CTK staking and governance

CTK holders can delegate tokens to validators to support consensus and receive a share of network rewards after validator commission. Official documentation states that undelegation takes 21 days and earns no rewards during that period. Delegators also face validator-performance and slashing risks, so advertised APY should not be treated as fixed.

Staked CTK provides governance voting power. Delegators can follow a validator’s vote or cast their own. Governance rights concern the protocol and do not represent equity, ownership, dividends or a claim on the Shentu Foundation’s assets.

Original CertiK Chain ecosystem guide (historical archive)

The original author-written sections below are preserved substantially intact. Its CertiK naming, product descriptions, token allocation and governance details reflect the earlier ecosystem. One unrelated injected pharmaceutical link was removed.

CertiK aims to provide a secure platform where blockchain infrastructure and decentralized applications can be developed. Its ecosystem consists of security layers that exist below the blockchain level, including the DeepSEA compiler, the CertiK Virtual Machine (CVM), and CertiKOS. Its native token, $CTK, has launched in Binance Launchpool on 27 October 2020. Below is a detailed overview of the CertiK ecosystem, including the CertiK chain.

Background

The CertiK Foundation supports the CertiK platform. The organization champions trust in blockchain systems. Its efforts are displayed through the development of a secure network that can boost confidence in decentralized systems. Furthermore, the CertiK Foundation is lead by renowned computer professors.

What is CertiK?

CertiK is a decentralized smart contract platform powering Dapps. Additionally, it supports inter-chain communication and runs on the Certik Chain.

The system is primed for highly-specialized use cases. The protocol employs a PoS variation called delegated proof-of-stake (DPoS) and uses the Cosmos software development kit (SDK).

The CertiK Foundation has taken upon itself to restore the trust in distributed platforms by employing cutting-edge security technologies and techniques. A key milestone achieved by CertiK is the provision of provable trust in a decentralized platform. Apart from focusing on security, the network also addresses performance and token economics.

CertiK Token ($CTK)

The economic aspect of the platform relies on the platform’s native currency, CTK. CTK’s major offering is being a utility token. Therefore, it helps power the crucial aspects of the CertiK ecosystem.

For example, the token provides a mode of payment and settlement among the platform’s users.

However, the token does not give its holders the right to interact and does not act as an investment into CertiK Foundation. Being issued inside a PoS-powered system, the token carries various benefits to incentivize holders to participate in staking and securing the network.

Apart from being used on the CertiK protocol, CTK is a significant ingredient in the CertiK Chain. Here, the token is used to pay for transaction fees.

In return, the fees reward staking nodes on the chain. Also, the token is used to reward those who delegate their CTK holding to validator nodes.

CTK Token Allocation

The token’s first issuance was achieved through two private sales that sold a total of 38 million CTK tokens worth a cumulative $39,430,000. Apart from the private sale 1 & 2 (29.0% & 9.0% respectively), the token distribution allocated 1.5% of its total supply to Binance Launchpool, 10.0% to the CertiK team, 25% to the CertiK Foundation, 17.5% to the community pool, and 8.0% to the CertiKShield pool.

What is CertiK Chain?

CertiK Chain is a blockchain protocol powering the CertiK ecosystem. It is highly secure and has cross-chain interoperability. To effectively achieve its mission, the platform incorporates key components such as a security oracle and a CertiKShield pool.

Let’s dig into each of these components.

CertiK Chain

CertiK’s Security Oracle

The platform’s security oracle compresses audit reports to make them available on-chain. Basically, audit reports hold information as to the reliability of smart contracts. But, the reliability of smart contracts can be sabotaged by the data it uses to make decisions.

With these reports living outside blockchain platforms, it poses a security threat prompting CertiK to bring them on-chain through its security oracle. Consequently, the network can effectively verify the security of a smart contract.

Note that this component allocates scores depending on a smart contract’s latest audit report. The scores give an overview of a contract’s code reliability.

CertiK Security Oracle

More than just scoring contracts, the security oracle can track and report unaudited smart contracts. A distributed security team handles such reports. Using the CertiK Oracle Combinator, results from the security team are aggregated into a single score that can be accessed online. And, of course, the security team is rewarded.

Luckily, this functionality is crucial in a decentralized finance (DeFi) setting where unaudited smart contracts are wreaking havoc. For example, by incorporating the CertiK’s security oracle, the responsibility of an audit is shifted from the contract creator to the contract users.

CertiKShield Pool

The CertiKShield pool is a unique component meant to minimize the risks emanating from the private nature of (most) cryptocurrencies. This may include losses from both avoidable and unavoidable circumstances such as house fires.

The shield works by providing a flexible pool of CTK tokens. Since the token uses on-chain governance mechanisms, it can be used to compensate losses sprouting from inaccessibility and/or theft.

In other words, this operates as an insurance platform. But, its decentralized nature allows it to receive inputs from all involved individuals before settling a claim.

The CertiKShield Pool is made up of collateral providers and shied purchasers. Collateral providers earn staking rewards while shield purchasers pay for requested protection.

CertiK Chain Architecture

The main components of the CertiK Chain are baked together in an architecture that can achieve provable trust. Apart from the security oracle and the shield pool, the network’s backbone comprises a virtual machine and the DeepSEA toolchain.

CertiK Virtual Machine (CVM)

The CVM effectively eliminates the errors that may be introduced when converting smart contract code from human-based language to machine language. Although these errors may be unknown to contract developers, they pose a severe security risk.

Being a security-first decentralized platform, the CVM relies on the output of DeepSEA, a certified compiler. The compiler’s output includes bytecode and mathematical proofs. The proofs can be used to isolate smart contracts’ code that doesn’t meet the security standards.

DeepSEA Toolchain

DeepSEA is a compiler and a programming language that’s hailed for its security. Notably, the CertiK-native tool is developed in conjunction with researchers from leading learning institutions such as Columbia and Yale University.

DeepSea ToolChain

The toolchain can determine the complex correctness properties of smart contracts. As such, it enhances the security of the network and products built on top of it.

CertiK Governance

The CertiK protocol uses on-chain governance methods to enable community involvement in decision-making. However, to vote for proposals, CTK holders can either delegate their voting powers to validators or vote directly. Validator nodes ensure the smooth running of the platform through powering activities such as block production.

CertiK accommodates five types of proposals from its community:

  • Plain text: These are proposals that request modification of things like altering the number of incentives paid to validators.
  • Software upgrade: They lead to code modifications. They may include proposals to add new features.
  • Bounty: Examples of proposals in this category include those touching on creating chain artifacts and conducting security audits.
  • Community pool spend – They cater for the transfer of funds from a pool to an individual address, for instance, an individual developing a CertiK-specific product or upgrade.
  • Certifier: They are submitted by a certifier with a request to add or remove a certifier. Note that certifiers and validators vote on proposals.

Conclusion

In a space where malicious actors are always on the prowl for weaknesses in DeFi-focused smart contracts, CertiK provides the much-needed peace of mind. In addition, enabling a decentralized contract audit removes the need for DeFi users to solely rely on reports provided by the team, which, in some cases, are anonymous.

From the security oracle to the reimbursement pools, to DeepSEA, the network structurally achieves a security-first approach with provable trust.

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Frequently asked questions

What happened to CertiK Chain?

CertiK Chain was renamed Shentu Chain in 2021 following the Shentu-2 upgrade. Its native coin continues to use the CTK ticker.

Is Shentu Chain the same as CertiK?

No. Shentu is the blockchain formerly called CertiK Chain. CertiK is a separate Web3 security company and audit platform.

What is CTK used for?

CTK is used to pay Shentu Chain gas fees, delegate to validators, help secure consensus and participate in protocol governance.

Can CTK be staked?

Yes. Holders can delegate CTK to validators and receive network rewards after commission, subject to validator and slashing risks.

How long does CTK unstaking take?

Shentu's official staking guide states a 21-day undelegation period, during which the undelegating tokens do not earn rewards.

What is the Shentu Security Oracle?

It is an on-chain system designed to collect and provide security information or scores. Its output is not a guarantee that a contract is safe.

Is ShentuShield insurance?

It has been described as a decentralized reimbursement-pool design, not a regulated insurance policy. Verify whether a pool exists and read its current terms before relying on it.

What consensus does Shentu use?

Shentu is built around delegated proof of stake using Cosmos SDK and Tendermint-style consensus, with CTK delegated to validators.

Does a Shentu score or audit guarantee security?

No. Security analysis can reduce uncertainty but cannot eliminate code, oracle, governance, key-management, integration or economic risks.

Where can I verify Shentu Chain activity?

Use the official Shentu website and explorer to check current chain status, validators and network information before transacting.

Sources and further reading

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