CTSI
What is Cartesi and What Does It Do?
Describing itself as “an off-chain decentralized computing platform,” the project enables decentralized applications to be run on Linux in a way that is verifiable by the blockchain. At the same time, complex processing with Cartesi can be executed off-chain, independent of the computational limits of blockchains and the fees associated with these limits.
In addition to combining common Layer-2 solutions such as roll-ups and sidechains (parachains), Cartesi is blockchain neutral. This means that the Cartesi dApp build platform can run on many different blockchains, including Ethereum, and has a hybrid model; it includes both on-chain and off-chain components to provide flexibility for dApp developers.
Cartesi also has a sidechain called Noether, which is optimized for short-lived data and provides low-cost data availability for dApps.
Cartesi also allows developers to write smart contracts using coding languages they are already familiar with, such as Python.
Kartesi (CTSI) Project
CTSI token is the platform’s multipurpose native cryptocurrency. Designed for the Noether sidechain, CTSI token powers the “Proof-of-Stake” system. That is, the efficient purpose of CTSI is to encourage Kartesi node operators to interact with the system in a harmonious manner. CTSI token is used to stake and calculate transaction fees in the system.
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