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-0.86% last 24h
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Market cap
24h vol
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Total liquidity
-
Balance: $0
($89.7 M)
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CoinMarketCap.comCTSI was developed by a team comprising individuals with notable experience in areas such as Microsoft Research, who also have credentials from institutions like ETH Zurich and Princeton. The unique properties of Cartesi facilitate the development of blockchain applications, playing a key role in involving CTSI holders in decision-making via a system called Noether. This system tackles specific aspects of incentivized blockchain engagements.
CTSI acts as the primary governance token in the Cartesi environment, offering ease to Cartesi DApps. Cartesi Rollups introduce an application-specific rollup layer accompanied by a Linux runtime that can be deployed on various platforms including Ethereum toolkits like layer 2 and layer 3, enabling rollups and enhanced L2 computational prowess to Ethereum. This also lets developers craft decentralized functions using their preferred libraries, compilers, and open-source components with Cartesi.
Interested in providing solid open-source components to ensure the usability of DApps produced on their platform, Cartesi has created a unique set of functionalities. These include supporting DApps competing for limited blockspace within the ecosystem and a grant program to support the development of new DApps on Cartesi Rollups. When powered by Cartesi, DApps evolve into customizable application-specific rollup chains. The Cartesi community actively engages in expressing their thoughts on various proposal discussions, enhancing the community-driven aspect of the Cartesi Foundation.
Cartesi's token (CTSI) forms part of a decentralized computing structure that accommodates Linux, expanding the possibilities for software development. As a utility token, CTSI facilitates coding of smart contracts using mainstream software elements within Cartesi's ecosystem. This functionality depends on Cartesi's adoption of complete Linux OS capacities with the EVM on Ethereum, contributing to significant computational scalability, privacy, and a user-friendly development setting. CTSI involves aspects such as a Cartesi Node, Descartes SDK, and a Cartesi Machine, facilitating the authentication for node software, aiding in the construction of DApps using Linux and mainstream software stacks, as well as assisting in computational dispute resolution. Cartesi strives to provide a layer-2 structure that promotes the integration of blockchain among software engineers by offering familiar tools. Consequently, CTSI contributes to widespread compatibility and interoperability within the blockchain realm, attractive to a more extensive range of participants.
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CTSI Metrics:
Current price: $0.1644
Market cap: $138.41 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $817
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