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CTSI

CTSI Cartesi

Currency:
🇺🇸 USD
🇺🇸 USD - US Dollar
🇨🇳 CNH - Offshore Chinese Yuan
🇯🇵 JPY - Japanese Yen
🇰🇷 KRW - South Korean Won
🇭🇰 HKD - Hong Kong Dollar
🇦🇺 AUD - Australian Dollar
🇪🇺 EUR - Euro
🇨🇭 CHF - Swiss Franc
🇬🇧 GBP - British Pound
🇨🇦 CAD - Canadian Dollar
🌐 TWD - Taiwan Dollar
🇲🇾 MYR - Malaysian Ringgit
🇸🇬 SGD - Singapore Dollar
🇳🇿 NZD - New Zealand Dollar
$ 0.024
+$0.0005902 +2.46%
$0.0243
24H High
$0.0231
24H Low
$1.75
All-Time High
$0.0209
All-Time Low
97.37M
24H Volume
$2.31M
24H Turnover
1.00B
Total Supply
$22.25M
Market Cap
5.14%
24H Range
928.62M
Circ. Supply
$0.0236
Prev Open (UTC+8)
$0.0236
Prev Close (UTC+8)
92.86%
Circulation Ratio

CTSIMarket

  • Trend
  • K-Line

CTSI Summary

Cartesi (CTSI) is a Layer-2 scaling solution designed to bring Linux-powered applications to the blockchain. It aims to bridge the gap between traditional software development and the decentralized world, allowing developers to code smart contracts and dApps using familiar programming languages and tools within a Linux environment. This approach seeks to overcome the limitations of traditional blockchain environments, such as high transaction fees and limited computational power, by executing complex computations off-chain while maintaining blockchain-level security.

The core technology of Cartesi revolves around its Rollups and Noether sidechain. Cartesi Rollups enable the execution of decentralized applications in a Linux virtual machine, providing a scalable and expressive environment for dApp development. This allows for complex computations to be performed off-chain, with only the final results settled on the main blockchain, significantly reducing costs and increasing throughput. The Noether sidechain acts as a data availability layer for Cartesi Rollups, ensuring that data required for off-chain computations is always available and verifiable.

CTSI is the native utility token of the Cartesi network. It plays a crucial role in securing the network through staking, where users can stake their CTSI to participate in the Noether sidechain's proof-of-stake consensus mechanism and earn rewards. CTSI is also used for paying transaction fees within the Cartesi ecosystem and for accessing computational resources provided by the network. Furthermore, it serves as a governance token, allowing holders to participate in decision-making processes regarding the future development and direction of the Cartesi project.

Cartesi positions itself as a critical infrastructure layer for the next generation of decentralized applications, offering a unique blend of scalability, expressiveness, and ease of development. By enabling dApps to leverage the full power of Linux, Cartesi aims to unlock new possibilities for blockchain use cases, from complex gaming and DeFi applications to data-intensive enterprise solutions, thereby expanding the potential reach and utility of decentralized technology.

CTSINews

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