CertiK (CTK) – ICO – Verification Platform for Smart Contracts and Blockchain Ecosystems.

by birtanpublished on September 27, 2020

so what's going on guys so today we're gonna look at Serta it's another promising project that's coming up gaining a lot of hype kind of slowly it just under the radar it's a security

Platform so security platforms they don't really get a lot of attention because people aren't really excited about security all the videos on YouTube about security and protecting yourself they girli get them luly's views but

I'll explain why I'm covering this and why I think it's important why I think that old gave some traction over time it all has to do with who it's connected with alright so let's begin let's go to the website alright so Serta is a form

Of verification platform for smart contracts and blockchain ecosystems so they are trying to protect smart contracts on blockchain ecosystems in a way that it really hasn't been done before on this level so right now

There's over a million smart contracts running on the theorem alone so if the inverse no machine has a lot of issues right and we all know that smart contracts are immutable once deployed so that means you can't change them dao had

A bug or a witch lost fifty million dollars right but it was fixed by a hard fork there's a lot of huge benefits for attackers and hackers to attack these smart contracts right cuz in year 2017 six hundred thirty million dollars were

Lost due to hacks right so this is a huge problem just think about a lot of businesses don't want to make smart contractors they're not secure there's business is riding on this and you don't want these smart contracts shut down or

Funds stolen from other people just because of these bugs right so so serger k is a very important technology that's gonna be really really important for the full adoption of cryptocurrency and blockchain technology in general so

These guys are the real deal in my opinion in terms of code in terms of being the world's first decentralized proof engine hence the name suruc they're literally trying to certify using verification system they want to

Certify smart contracts so the client can get some sort of assurance via the blockchain there's like a lot of cool stuff with this right it's like like they're doing this in a way that's really efficient unlike Bitcoin for

Example we all know that Bitcoin the hashing cost are quite expensive and this exercise is really inefficient so this technology stalls is inefficient the problem and capitalizes on the additional competition of power that it

Generates right and surd accuses a mathematical proof to reduce these computations down to smaller chunks and by doing that it provides a new way to ensure clients that their smart contracts are safe and trusted belen the

Trustless environment and another cool thing is that is proprietary text so they own the tech and that's super important this one means that they have a stake in a game with real tech that they own and the reason why I wanted to

Bring this project to light just do a little overview of it is because of who they are aligned with right there a line of neo global capital so that is a huge entity and just being supported by neo global capital you know that this

Technology has the funds and has the real backing for it to really push into the mainstream the neo ecosystem was growing really really large and they're gonna dominate this whole industry for a long time it looks like this is a

Website guys you can come check it out there's the white paper they got also got a keynote you join their telegram subscribe there's also an intro video there's also a have a demo of their whole service you can check it out see

How it works they have a working product right now so that's pretty cool and this is their team members I'll go through quick so this gentleman here is an assistant professor at Columbia University in New York

He's also an associate research scientist at Yale University for a year he's a PhD in computer science from Yale University Wow and he also has a Bachelor of Science degree eyes I guess his average was 91.3%

He's running for place out of 118 students that is insane guys no wonder why he got into Yale damn very smart guy so I guess these are the courses and awards that he has the accomplishment she has some of the

Publications that he's been in so this is an impressive resume guys you can come through here read through applications and honors awards and check it out for yourself so this gentleman here he's a professor

Of computer science at Yale University he was also department chair for computer science at Yale University from July 2017 to him now so 11 months for that he's been a professor of computer science at Yale University for 14 years

And 11 months and yeah so he and he has a PhD for computer science which makes sense you can't you can't be a professor without PhD he also went to University of Science and Technology of China has a Bachelor of computer science from there

Yeah another smart guy so this gentleman here there's not much written in the LinkedIn about him but there's stuff written here so he's an associate research scientist at Yale University he received his PhD

In computer science from the University of Pennsylvania in 2015 he's an expert in software verification programming languages and type systems his thesis researchers focus on making dependent type systems more attractive for

General-purpose programming languages by making it optional that functions terminate and by incorporating these there are the team leaders guys so again guys this is just an overview of this technology right now there's it's not

Really much out for it just follow along when there's more updates I'm gonna post it up and pin it to the top but there's another one out to look out for for example like this this might look boring to you but here an example of that is

Like ontology right ontology is not it's not owned by any or anything they're just affiliated with them or whatever right so for untold you to when I first saw it I was like this looks boring or whatever right now look

At the price of ontology so yeah so the price of ontology is ridiculous man like it's almost ten dollars you know and this thing was what did it start office I think it started off lower than that's too close to $1 or even lower like the

Price is just ridiculous right now guys so you never know you never know these projects right so this is a very there's another very promising one that I really like and I'm looking forward to so this is another this is another award that

They've won so far so I'd like I say look out for this project the telegram group has about 5,000 members in it right now it's still very small very early stages there's really there's no token token metrics there's

Nothing out for this project yet you can just follow you can follow them on Twitter and follow them on their telegram and their medium to just get updates on it and see what's going on with the project

All right but I'll follow along I do a full review once I get more information about this project this is case seven from crypto PD I hope you guys have a great weekend right we got more videos to come more reviews and we out

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