Cartesi Price

About the coin

Cartesi is an innovative blockchain platform that serves as an application-specific rollups execution layer with a Linux runtime. It allows developers to leverage decades of open-source wisdom by integrating their favorite libraries, compilers, and other time-tested open-source tools into blockchain applications. Cartesi Rollups can be deployed as layer 2 on Ethereum or as layer 3 on other chains like Optimism, Arbitrum, and zkEVM, or even as sovereign rollups.

Main features

Cartesi stands out with its unique features, including the ability to deploy decentralized applications (DApps) on customizable application-specific rollup chains. This ensures that DApps do not compete for scarce blockspace within Cartesi's ecosystem. The platform provides Ethereum or L2s with significantly more computational capacity, allowing developers to code decentralized logic using their preferred libraries and open-source components. Cartesi Rollups maintain the strong security guarantees and censorship resistance of the underlying blockchain.

How it works

The Cartesi ecosystem is supported by a team of professionals, researchers, and engineers with backgrounds from top companies like Microsoft Research and prestigious universities such as ETH Zurich and Princeton. The CTSI token is integral to the Cartesi ecosystem, primarily serving governance purposes. It allows community members to participate in protocol governance and signal approval or disapproval of community programs through Cartesi Improvement Proposals (CIPs). CTSI also plays a role in the Noether proof-of-stake solution, addressing race-condition problems in blockchain interactions and rewarding node runners and stakers for timely execution of ecosystem services.