Skip to content
ctk Cryptyk #
0.00 USD -0.08% 0.00
DAY RANGE
0.00 0.00
Circulating supply 0
Total supply 750M
Uphold Logotype

Looking to buy ctk? Finbold recommends
Uphold – 100% reserved

ctk Price

Current Price 0.00 USD
Price Change 24H 0.00 USD
Price Change 24H -0.08%
Price Change 7D -11.92%
Price Change 14D -9.71%
Price Change 30D -50.78%
Price Change 60D -67.14%
Price Change 1Y -85.64%
Market Cap Change 24H 0
Market Cap Change 24H 0.00%
All time high (ATH) 0.03 USD
ATH Change -96.05%
ATH Date 2021, Sep 06

ctk Markets

ProBit Global
CTK/USDT
Last price: 0.00 USD
Last price: 0.00 USDT
Spread: 56.95%
24H Volume:
1.7 USD

* Anomaly - Trading price is an outlier against the average

** Inactive - No trades in the last 3 hours

Cryptyk

Cryptyk is building crypto powered cloud storage that offers users the first FAST, ultra-secure, private, decentralized file storage platform. Existing blockchain file storage technologies such as Filecoin and Storj are very secure ... but also very slow with access latencies of 10 seconds or more. This is not suitable for the vast majority of todays cloud storage applications that demand real-time performance (ie: access latency < 200 microseconds). The only application that blockchain storage is suitable for is for large file batch back-up which is a relatively small market < $300M / year. While decentralization dramatically improves security and privacy, storing files on the blockchain is simply to slow for most consumer and business markets.

Instead of storing files on the blockchain Cryptyk stores files on a decentralized multi-cloud platform that offers 100x the security of centralized storage (eg: G Drive or iCloud) but without sacrificing access latency ((< 200 microseconds). Files are first encrypted, split into 5 separate file pieces and then each piece is encrypted a second time. Then each doubly encrypted file pieces is stores separately across the 5 major centralized storage providers in Google, Amazon, IBM, Oracle and Microsoft. Cryptyk then integrates this decentralized multi-cloud with a blockchain security auditing platform that permanently stores and tracks every user access event and file editing or sharing event on the blockchain. The blockchain security auditing platform is powered by Cryptyk Tokens (CTK) that are automatically acquired by cloud storage users who pay in fiat (USD or Euro) with a portion converted into CTK Tokens to pay for security auditing functions. Hence CTK is a true utility token.

The result is a hybrid decentralized cloud design that offers the speed and scalability of the major centralized cloud vendors, the security and privacy of a 100% decentralized design, and the immutable permanence of blockchain for auditing and tracking capabilities. Cryptyk's crypto powered cloud storage platform represents the first decentralized technology that can truly compete head-on with centralized vendors like Google or Amazon.

AD