What is Cartesi token ( CTSI )

What is Cartesi token ( CTSI )

By Snow Under Sun | SnowUnderSun | 16 Jun 2020


Cartesi ; It is a platform that enables the development of scalable, fast and decentralized applications. Cartesi DApps (Decentralized applications) provide an infrastructure that allows data to be used together, both within the blockchain and off the network.

 

The project allows complex and intensive calculations to run in a Linux environment outside the blockchain without compromising on decentralization. Cartesi aims to make dApps significantly more powerful, cost effective, easier to develop and portable. The main goal of the project is; It brings overall scalability and convenience to developers and users of decentralized applications.

Developers can work in a familiar environment without any limitation in Cartesi infrastructure and accessing their favorite tools. dApps can store data temporarily in Cartesi Side Chain, managed by a Proof-of-Stake consensus algorithm, without having to constantly communicate with the layer 1 blockchain. this provides a serious advantage of speed and scalability for applications.

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The total supply of CTSI, Cartesi's ERC-20 token, is 1,000,000,000 CTSI.

Those who use the side chain from applications pay with CTSI for temporary data storage. Since these verifications in the side chains are made in the Proof-of-Stake infrastructure, those who want to make the verifications and earn block rewards hold CTSI tokens in their hands.


Snow Under Sun
Snow Under Sun

A westerner in Thailand. Previously,13 years Sales Executive in a Forbes 500 company and 6 years HR executive in a multinational company. Crypto trader since 2015.


SnowUnderSun
SnowUnderSun

A westerner in Thailand. Crypto trader since 2015. Previously Sales Executive in a forbes 500 company.

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