Cartesi - the first OS on the blockchain, its second layer solution integrates Linux and standard programming environments into the blockchain. This allows developers to code scalable smart contracts with the rich software tools, libraries and services they are used to. Contents:
Description of Cartesi
It bridges the gap between core software and blockchain by welcoming millions of new startups and their developers to the blockchain by bringing Linux to blockchain applications. Cartesi combines a revolutionary virtual machine and side chains to revolutionize how developers build blockchain applications. Cartesi applications will be able to perform complex and intensive calculations on large amounts of data, possibly from multiple sources. This will free DeFi from the current chain scalability limitations and help interoperability between blockchains and services such as futures and insurance markets.
Project uniqueness
Cartesi allows developers to create well-established programs they are familiar with and run them on a Linux environment. The project aims to bridge the gap between the centralized and decentralized world of app development.
Some of its key highlights include:
Scalability | Intensive calculations on huge amounts of data are performed offline with the same security guarantees that blockchain offers. |
Programmability | The DApp logic runs under Linux and is coded with a choice of thousands of open source software components, available for Linux. |
Ease of implementation | Developers can work in a familiar environment without artificial restrictions and with access to all their favorite tools. |
Decentralization | Consensus is securely reached on-chain without the need for a reputation protocol, a trusted execution environment or servers, controlled by a single party. |
Portability | Cartesi aims to make DApps portable to the most important public blockchains that support smart contracts. |
DApp modes can be private to app members. Cartesi aims to bring massive scalability and power to decentralized applications through a network of nodes.
Cartesi is made up of a very high level team with real experience in leading companies such as Microsoft Research and PhDs from leading universities such as ETH Zurich and Princeton.
Buying cryptocurrency
The CTSI token was designed to enable Cartesi Node operators to interact with the system fairly and efficiently. It includes the following use cases:
- Cartesi Core relies on an arbitration mechanism that uses the CTSI as collateral to ensure fair conduct;
- Cartesi sidechain users pay for temporary data storage for Cartesi DApps with CTSI. Block generators are rewarded for CTSI blocks and fees, paid by users, who add data to the side chain;
- CTSI helps to participate in the Proof-of-Stake sidechain consensus system. Miners with the highest stakes are more likely to be selected to generate the next block;
- CTSI will also support the data availability protocol to assist in the transfer of data blobs, used for screenshots.
With Cartesi's decentralized verification, applications will be able to transmit and distribute the work being verified. This opens up new opportunities for marketplaces and autonomous systems, involving humans and machines, advancing loT, data science through new business models. The leading cryptocurrency exchanges for trading Cartesi shares are currently Binance, Mandala Exchange, KuCoin, BingX and Huobi Global.