Deep Dive
1. Purpose & Value Proposition
Shentu addresses blockchain’s critical security gaps by offering tools like the Security Oracle, which scans smart contracts in real time to flag vulnerabilities (Shentu Foundation). Its ShentuShield acts as a decentralized insurance pool, reimbursing users for losses due to hacks or exploits (CoinMarketCap). The chain also integrates OpenMath, a blockchain-based system for verifying mathematical proofs to ensure code correctness.
2. Technology & Architecture
Built as a Cosmos SDK chain, Shentu uses delegated proof-of-stake (DPoS) consensus and supports EVM compatibility, allowing seamless interaction with Ethereum-based dApps. Its modular design includes:
- Cert Module: Manages on-chain identities and audit certifications.
- Oracle Module v2: Aggregates off-chain security scores for smart contracts.
- Bounty Module: Incentivizes researchers to submit and verify proofs for OpenMath theorems.
3. Tokenomics & Governance
CTK serves as the network’s utility token:
- Security operations: Funds audits, pays oracle operators, and stakes in ShentuShield.
- Governance: Holders vote on protocol upgrades and treasury allocations.
- Gas fees: Required for transactions and smart contract execution.
Conclusion
Shentu positions itself as a blockchain security layer, merging proactive threat detection with post-incident safeguards. Its cross-chain infrastructure and focus on formal verification set it apart in a landscape plagued by exploits. As decentralized systems grow more complex, can Shentu’s tools become the standard for securing Web3?