Chain-key Bitcoin Price
CKBTC
How Much is 1 Chain-key Bitcoin (CKBTC)
Convert CKBTC to your currency
Last Updated on Dec 24, 2025 11:25 PM
What is Chain-key Bitcoin?
About the coin
Chain Key Bitcoin is integrated within the Internet Computer Protocol (ICP), which aims to revolutionize the internet by supporting decentralized applications (dApps) and services. The platform is designed to enhance the capabilities of the internet by providing a decentralized infrastructure that allows developers to build and deploy applications without relying on traditional cloud services.
Main features
The Internet Computer Protocol features a native utility token, ICP, which plays a crucial role in the governance and staking processes of the network. Users can participate in the governance of the network by staking their ICP tokens, which also allows them to earn rewards. The platform supports multiple programming languages, making it accessible to a wide range of developers. It also offers comprehensive resources, including documentation, sample code, and a playground for testing applications.
How it works
ICP emphasizes sustainability by promoting green technology and efficient practices, ensuring that the network operates in an environmentally friendly manner. The protocol integrates AI capabilities, enabling users to run AI models as smart contracts on the network. This integration allows for the development of intelligent applications that can leverage the power of AI within a decentralized framework. The ICP ecosystem fosters community engagement through various initiatives such as hackathons, forums, and educational resources, encouraging collaboration and innovation among developers and users.
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Chain-key Bitcoin FAQ
- Chain-key Bitcoin is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- They refer to the same cryptocurrency. CKBTC is the abbreviated code used in trading platforms.
- Public key cryptography isa security feature to uniquely identify participants in the blockchain network. This mechanism generates two sets of keys for network members. One key is a public key that is common to everyone in the network. The other is a private key that is unique to every member.
- Chain-key tokens, such as Chain-Key Bitcoin, arean advanced cryptography-based replacement for wrapped tokens offering stronger security: With chain-key tokens, all operations are performed completely on chain by smart contracts, without involving any off-chain intermediaries.
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