The live price of Cartesi (CTSI) today is 0.408781 USD, and with the current circulating supply of Cartesi at 779,982,812.83 CTSI, its market capitalization stands at 318,841,982 USD. In the last 24 hours CTSI price has moved ? USD or 0.00% while ? USD worth of CTSI has been traded on various exchanges. The current valuation of CTSI puts it at #218 in cryptocurrency rankings based on market capitalization.
Learn more about the Cartesi blockchain network and how it works or follow the price of its native cryptocurrency CTSI and the broader market with our unique COIN360 cryptocurrency heatmap.
Cartesi (CTSI) is a unique layer-2 infrastructure that aims to bring mainstream scalability and affordability to decentralized applications (DApps). It leverages the security of Ethereum while extending its computational capabilities. Cartesi is designed to make DApps portable, cost-effective, and easy to develop by incorporating familiar programming environments to blockchain development.
Cartesi uses a Proof of Stake (PoS) consensus mechanism, which is energy-efficient and allows for a higher transaction throughput compared to Proof of Work (PoW) systems.
Cartesi operates on a Layer-2 blockchain, which means it runs on top of another blockchain (in this case, Ethereum). This allows Cartesi to leverage the security of Ethereum while providing a scalable and cost-effective solution for DApp development.
Cartesi offers high scalability by processing computations off-chain and only resorting to the blockchain for consensus when disputes arise.
By operating on top of Ethereum, Cartesi inherits the robust security of the Ethereum network.
Cartesi provides privacy by keeping the majority of computations off-chain, which also reduces the amount of data stored on the blockchain.
Cartesi maintains decentralization by allowing nodes to verify the correctness of computations independently.
The Cartesi project is led by a team of experienced developers and blockchain experts. The project operates under a decentralized governance model, with CTSI token holders having a say in the future development of the platform.
Cartesi can be used to develop scalable and cost-effective DApps for various industries, including finance, gaming, and supply chain. By making DApp development more accessible, Cartesi has the potential to drive mainstream adoption of blockchain technology.
CTSI can be purchased on various cryptocurrency exchanges, including Binance and Huobi. Users can trade Bitcoin or Ethereum for CTSI.
CTSI can be stored in any wallet that supports ERC-20 tokens, such as MetaMask or MyEtherWallet.
Cartesi has partnered with several notable organizations in the blockchain industry, including Elrond and Polygon, to enhance the scalability and interoperability of DApps.
Cartesi's future plans include the development of a fully decentralized computational oracle, further improvements to scalability, and the integration with other blockchains.
Like any blockchain project, Cartesi faces challenges such as network security, user adoption, and regulatory compliance. However, the team is actively working to address these issues.
Cartesi has a vibrant community of developers and users who contribute to the project and participate in governance.
Cartesi is committed to complying with all relevant regulations and has taken steps to ensure the transparency and legality of its operations.
In conclusion, Cartesi is a promising project that aims to make DApp development more accessible and cost-effective. By leveraging the security of Ethereum and providing a scalable solution, Cartesi has the potential to drive mainstream adoption of blockchain technology.