Cartesi

Cartesi

CTSI
$0.193823245%4.07

Key Metrics

Price$0.193823245
Real Volume (24H)$6,100,862.18
Marketcap$151,737,881.41
Fully Diluted Valuation$100,000,000
ATH$1.74
ATH Date5/9/2021, 3:43:41 AM
ATL$0.02670608
ATL Date5/10/2020, 7:49:27 AM
Circulating Supply651M
Total Supply1B
Popularity Rank355
Chart
What is Cartesi?

Cartesi is changing the way smart contracts are programmed by giving developers the ability to use mainstream software stacks. Its side-chain is specifically designed for ephemeral data, providing a low-cost option for data availability in decentralized applications (DApps).

This innovative platform combines the use of rollups and side-chains to create a layer-2 optimistic rollups solution. This allows developers to write smart contracts and DApps using mainstream software components and Linux OS resources. This mainstream programmability opens up a whole new world of possibilities for DApp developers, giving them the power to create everything from simple to complex smart contracts. It also makes it easier for regular developers who haven't previously worked with blockchain to create decentralized applications, as they will now have a coding experience that is similar to desktop or web development.

Cartesi is blockchain-agnostic and can be used on top of the most popular chains, such as Ethereum, Binance Smart Chain, Avalanche, and Matic (Polygon), with Elrond and Injective coming soon. This makes it a versatile and powerful solution for anyone looking to develop decentralized applications. With Cartesi, the possibilities are endless.

Additionally, Cartesi's side-chain technology allows for off-chain computations, which can be done at a much faster pace and at a fraction of the cost compared to on-chain computations. This is because the side-chain is not a part of the main blockchain, so it is not subject to the same limitations. This means that developers can perform complex computations and data-intensive operations without putting a strain on the main blockchain network.

Another key feature of Cartesi is its ability to use Linux OS resources. This allows developers to use familiar tools and technologies when creating smart contracts and DApps, making the development process much more streamlined and efficient. Developers can also take advantage of existing libraries and frameworks, which can save a lot of time and effort when creating new projects.

Furthermore, Cartesi's solution is also more secure and scalable than traditional smart contract platforms, thanks to its use of rollups. Rollups work by batching multiple transactions together and then publishing them to the main blockchain in a single transaction. This not only reduces the number of transactions on the main blockchain, but it also makes it harder for bad actors to attack the network.

Overall, Cartesi is a game-changer for the blockchain and decentralized application development community. Its combination of side-chains, rollups, and Linux OS resources makes it a highly versatile and powerful platform for creating smart contracts and DApps. With its ability to run on multiple blockchain networks, its off-chain computations, and its mainstream programmability, Cartesi is poised to bring the power of decentralized technology to a wider audience of developers and users.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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