Exchange Cryptyk

ctk Price Live Data

The live Cryptyk price today is $ 0.0005 usd with a 24-hour trading volume of $8 usd. We update our CTK to usd price in real-time. Cryptyk is down 0% in the last 24 hours. The current coinmarketcap ranking is #, with a live market cap of $0 usd.

What Is Cryptyk (ctk)?

Cryptyk is building crypto controlled distributed storage that offers clients the principal FAST, super secure, private, decentralized document capacity stage. Existing blockchain document capacity advances, for example, Filecoin and Storj are exceptionally secure ... yet additionally extremely delayed with access latencies of 10 seconds or more. This isn't reasonable for by far most of todays distributed storage applications that request continuous execution (ie: access dormancy < 200 microseconds). The main application that blockchain capacity is appropriate for will be for huge document cluster back-up which is a somewhat little market < $300M /year. While decentralization decisively further develops security and protection, putting away records on the blockchain is basically to slow for most shopper and business markets.

Instead of putting away documents on the blockchain Cryptyk stores documents on a decentralized multi-cloud stage that offers 100x the security of unified stockpiling (eg: G Drive or iCloud) yet without forfeiting access inactivity ((< 200 microseconds). Records are first scrambled, split into 5 separate document pieces and afterward each piece is encoded a subsequent time. Then, at that point, each doubly encoded document pieces is stores independently across the 5 significant incorporated stockpiling suppliers in Google, Amazon, IBM, Oracle and Microsoft. Cryptyk then incorporates this decentralized multi-cloud with a blockchain security reviewing stage that forever stores and tracks each client access occasion and document altering or sharing occasion on the blockchain. The blockchain security examining stage is fueled by Cryptyk Tokens (CTK) that are consequently gained by distributed storage clients who pay in fiat (USD or Euro) with a part changed over into CTK Tokens to pay for security reviewing capacities. Consequently CTK is a genuine utility token.

The result is a half and half decentralized cloud plan that offers the speed and adaptability of the major brought together cloud sellers, the security and protection of a 100 percent decentralized plan, and the permanent perpetual quality of blockchain for inspecting and following abilities. Cryptyk's crypto fueled distributed storage stage addresses the principal decentralized innovation that can genuinely contend head-on with unified merchants like Google or Amazon.