Yellow paper

CTEX Chain Yellow Paper

Abstract: The CTEX Chain Yellow Paper outlines the technical specifications, consensus mechanism, and governance model of the CTEX blockchain. It provides a comprehensive overview of the platform's architecture and functionalities, aiming to serve as a reference guide for developers, validators, and users interested in understanding the inner workings of CTEX Chain.

1. Introduction: The introduction introduces the purpose and scope of the Yellow Paper, highlighting its importance as a technical document for the CTEX Chain ecosystem. It outlines the key topics covered in the paper and sets the stage for the subsequent sections.

2. Technical Specifications: This section delves into the technical architecture of CTEX Chain, including its underlying blockchain protocol, consensus mechanism, and transaction execution process. It provides details on the use of the Ethereum Virtual Machine (EVM) for smart contract execution and interoperability with the broader Ethereum ecosystem.

3. Consensus Mechanism: CTEX Chain utilizes a Delegated Proof of Stake (DPoS) consensus mechanism to achieve decentralized validation of transactions and block production. Validators are elected by token holders to propose and validate blocks, ensuring network security and integrity.

4. Transaction Execution: Transactions on the CTEX Chain are executed through the EVM, with each operation incurring a gas cost. The section explains how transactions are processed, including the validation of smart contracts and the recording of state changes on the blockchain.

5. Gas Fees and Calculation: Gas fees on the CTEX Chain are determined based on the computational resources consumed during transaction execution. The calculation formula for gas fees is provided, along with an example to illustrate how gas costs are determined.

6. Validator Rewards and Staking: Validators and delegators in the CTEX Chain network are eligible to earn rewards for their participation in block validation. The section outlines the requirements for becoming a validator or delegator, as well as the rewards distribution mechanism.

7. Governance and Security: CTEX Chain's governance model is based on DPoS, enabling token holders to participate in network governance and decision-making processes. The section also discusses the platform's security measures, including auditing protocols and vulnerability management.

8. Mining Reward Program: The mining reward program incentivizes users to stake their CTEX tokens as validators or delegators, contributing to network security and decentralization. Details on rewards distribution, unstaking penalties, and minimum requirements are provided.

9. Roadmap: The roadmap outlines CTEX Chain's development milestones and expansion plans, providing insight into the platform's future trajectory and growth prospects.

10. Conclusion: The conclusion summarizes the key points covered in the Yellow Paper and emphasizes the transformative potential of CTEX Chain in the cryptocurrency industry.

11. Appendix: The appendix includes a glossary of terms and references for further reading on CTEX Chain and blockchain technology.

References: [1] Grand View Research. "Blockchain Technology Market Analysis". [Online]. Available: https://www.grandviewresearch.com/industry-analysis/blockchain-technology-market [2] CTEX Chain Whitepaper. [Online]. Available: