CTXC

Overview of CTXC

Cortex (CTXC) is a type of cryptocurrency that was established in 2018. It was founded by Ziqi Chen and Weiyang Wang. This digital currency operates on various exchanges, including Binance, Huobi, OKEx, CoinTiger, and Upbit. As a digital asset, CTXC can be stored in various wallets such as MetaMask, Ledger, and Trezor. The CTXC network aims to provide state-of-the-art machine-learning models on the blockchain in which users can infer using smart contracts on the Cortex blockchain. The main objective of Cortex is to implement a machine-learning platform that allows users to post tasks on the platform, submit artificial intelligence DApps (Decentralized Applications).

Pros and Cons

What Makes CTXC Unique？

Cortex (CTXC) brings an innovative approach to the realm of cryptocurrencies by integrating machine learning models onto the blockchain. It enables these models to be included in smart contracts, which isn't a common feature in most cryptocurrency blockchains. This capacity to intricately combine AI and blockchain technology positions CTXC as quite distinct within the cryptocurrency sphere.

Additionally, Cortex facilitates an open-source platform where users can post tasks and submit AI DApps (Decentralized Applications). This ability for users to contribute directly to the platform is another distinguishing aspect of Cortex, promoting user involvement and broadening its use-cases beyond conventional transactions.

How Does CTXC Work？

The working mode and principle of Cortex (CTXC) integrate aspects of artificial intelligence (AI) and blockchain technology. Specifically, it provides a decentralized AI autonomous system. This is achieved with the help of the native CTXC tokens and the Cortex Inference Consensus Criteria (CICC).

At its core, Cortex allows for the execution of smart contracts on its platform. However, the distinguishing factor is that these smart contracts can carry out complex inference instructions thanks to the integration of machine-learning models.

This unique feature is possible due to a specially designed virtual machine, the Cortex Virtual Machine (CVM), that can read and execute machine-learning models. This means that developers can write smart contracts incorporated with AI or machine learning, which can perform complex tasks, all within the blockchain.

Exchanges to Buy CTXC

CTXC is supported for trading on several established exchanges. Here are some of them:

1. Binance: This is one of the most popular exchanges worldwide and it supports CTXC trading. It offers CTXC trading pairs with BTC (Bitcoin) and USDT (Tether).

2. Huobi: Huobi is another global exchange that supports CTXC. It allows CTXC trading pairs with BTC, ETH (Ethereum), and USDT.

3. OKEx: This renowned exchange also offers the provision to trade CTXC. It supports CTXC currency pairs with BTC, USDT, and ETH.

4. CoinTiger: This platform offers the CTXC/USDT trading pair for users looking to buy or sell CTXC.

5. Upbit: Based in South Korea, Upbit supports trading CTXC with BTC.

How to Store CTXC？

Storing CTXC requires a wallet that supports ERC-20 tokens as Cortex (CTXC) is based on the Ethereum blockchain. There are various types of wallets you can use to store CTXC:

Desktop Wallets: These are software programs that you can download and install on your PC or laptop. They offer a good mix of security and convenience. Exodus and Atomic Wallet are examples of desktop wallets.

Hardware Wallets: These are physical devices designed to securely store cryptocurrency offline (also known as cold storage). They are immune to online threats and are suitable for storing large amounts of crypto for a long time. Ledger Nano S, Ledger Nano X, and Trezor are well-known brands in this category.

Should You Buy CTXC？

Purchasing CTXC may be suitable for those who are interested in the crossover between blockchain technology and machine learning, as Cortex aims to create a decentralized AI autonomous system. It is an option for individuals who believe in the long-term benefits of AI integration with blockchain and are willing to bet on their increased adoption in the future.