Developer Documentation
  • What is CTEX?
  • Learn about CTEX Chain
    • Ctex Overview: vision, strategy and platform components
    • The Ctex Blockchain
      • Ctex Consensus Mechanism
      • Delegation and Staking with Validators
      • Ethereum (EVM) Compatibility and Smart Contracts
      • Boosting Ctex's Scalability
  • Empowering Global Payments with Ctex
  • Ctex Key Feature
  • Ctex Consensus
  • CTEX Clusters
    • CTEXChain Mainnet
    • CTEXChain Testnet
    • CLI Command
    • Ctex Faucet
    • Audit Report
  • Integrating with Metamask
    • Add Ctex Chain Network to Metamask
    • Config Custom Token
    • How to Reset Metamask Wallet
  • CTEX Exclusive Product
  • Ctex Coin
    • Technical
    • Utility
    • Distribution
  • Run Master Node
  • Developer Guide
    • Token Standard
      • CTEX-721 Token
      • CTEX-20 Token
  • APIs
    • accounts
    • blockNumber
    • call
    • chainId
    • estimateGas
    • gasPrice
    • getBalance
    • getBlockByHash
    • getBlockByNumber
    • getBlockTransactionCountByHash
    • getBlockTransactionCountByNumber
    • getCode
    • getLogs
    • getStorageAt
    • getTransactionByBlockHashAndIndex
    • getTransactionByBlockNumberAndIndex
    • getTransactionByHash
    • getTransactionCount
    • getTransactionReceipt
    • getUncleByBlockHashAndIndex
    • getUncleByBlockNumberAndIndex
    • getUncleCountByBlockHash
    • getUncleCountByBlockNumber
    • getWork
    • hashrate
    • mining
    • protocolVersion
    • sendRawTransaction
    • submitWork
    • syncing
    • net_listening
    • net_peerCount
    • net_version
    • web3_clientVersion
    • parity_nextNonce
    • Filter methods
    • newFilter
    • newBlockFilter
    • getFilterChanges
    • uninstallFilter
  • Depolying CTEX chain
    • Using Remix
    • Using Truffle
    • Using Hardhat
    • Using Replit
    • Using Alchemy
  • Whitepaper
  • Technical Paper
  • Yellow Paper
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  1. Learn about CTEX Chain

The Ctex Blockchain

PreviousCtex Overview: vision, strategy and platform componentsNextCtex Consensus Mechanism

Last updated 1 year ago

Network Overview and Key Metrics

Ctex is the decentralized EVM-compatible public blockchain that powers the Ctex platform and ecosystem. It is fully compatible with Ethereum meaning that any smart contract that can be deployed on the latter can also run on top of Ctex.

The Ctex blockchain uses a variant of delegated Proof of Stake (dPoS) for achieving . The consensus is secured by a significant number of independent validators, only one of which is run by the Ctex core team.

Validators are also responsible for the most important type of governance on Ctex, namely, adopting the network protocol changes via (FIPs).

The native coin of the network is called CTEX. New CTEX coins are issued with every added block and are also use to pay for gas, just like ETH on Ethereum.

The Ctex blockchain is designed to ensure fast block confirmation times and a low cost of transactions. The average block interval on Ctex is around 5 seconds, and it currently costs much less than $0.01 to get a transaction confirmed.

In its present capacity, the Ctex blockchain is capable of processing around 120 native coin transfers and to CTEX20 token transfers per second. The faster processing of native coin transfers is due to the fact that they do not involve computations run on the network's virtual machine.

consensus
Ctex Improvement Proposals