Cartesi

What’s Cartesi?

By fusing off-chain computing with on-chain operations, Cartesi, founded in 2018, reimagines ledger development and creates a hybrid system that is scalable and efficient. Operating on Cartesi nodes, the Cartesi Machine is a virtual machine powered by Linux that performs dApp calculations in well-known programming languages and then broadcasts the results to the ledger.

Who Are the Founders of Cartesi?

With two decades of experience, De Moura stands as a seasoned digital entrepreneur. His extensive expertise covers a wide range of disciplines, including software design and technology solutions tailored to various industries like e-commerce, finance, and health.

Co-founder of Cartesi and current CSO Augusto Teixeira has expertise in math and continues to teach at the institute.

Diego Nehab serves as the project’s CTO. He has an education that is more directly tied to computers. He is an associate professor at Brazil’s IMPA.

Colin Steil is the COO of Cartesi and has experience that is primarily focused on finance.

What Makes Cartesi Unique?

Cartesi employs Noether, a sidechain that briefly stores data and discards it when it is no longer needed, to lessen the pressure on storage. This enhances speed and lessens blockchain bloat. Visibility is guaranteed by the secure hash that represents the Cartesi Machine and its dApps’ state on-chain. With its version of optimistic rollups, which carry out operations off-chain to increase scale while preserving provable ties to the main blockchain, Cartesi interacts with the main network.

How Many Coins Are There in Circulation?

As of right now, 782,867,306 CTSI tokens are in use. A total of one billion tokens were available when the CTSI currency was introduced. The release of these is slated to happen over several years.

How Is the Cartesi Network Secured?

Cartesi groups transactions before logging them on the Layer 1 chain in order to increase processing speed and efficiency. This batching strategy decreases gas expenses, speeds up throughput overall, and minimizes the number of individual transactions that need to be handled. Cartesi doesn’t skimp on security even when speed is prioritized. It employs a fraud-proof system that only authorizes transactions if there are abnormalities or suspicions of fraud.

Where Can You Buy Cartesi?

CTSI tokens are available for purchase on multiple exchange platforms, including Binance, Coinbase, and Kraken.

What’s next on Cartesi?

Its future plans are focused on enhancing community involvement, rebranding, and driving innovation within the blockchain ecosystem. As part of its community engagement strategy, Cartesi has launched a Community Grants Program with $1 million in funding to support contributors who are building the Cartesi ecosystem. This program promotes transparency, collaboration, and the exchange of ideas, inviting people to engage in various talks on Discord to foster a more interactive community.