Cartesi Price

Cartesi (CTSI) is a cryptocurrency that powers the Cartesi network, a Layer 2 scaling solution that enables complex computations off-chain while maintaining blockchain security. Currently ranked #716 with a price of $0.03234, CTSI has seen a +2.17% change in the last 24 hours. CTSI serves multiple functions within the Cartesi ecosystem: • Staking: Token holders can stake CTSI to secure the network and earn rewards • Transaction fees: Used to pay fees on the Noether side chain • Governance: Enables participation in network decisions With a circulating supply of 885.58M CTSI out of a maximum supply of 1B CTSI, CTSI has a market cap of $28.63M. The token was launched in 2020 and operates primarily on the Ethereum platform, though it's also available on multiple blockchains including Polygon, Avalanche, and Arbitrum.

Cartesi was created on April 14, 2020. The project behind CTSI was initially founded in 2018, but the cryptocurrency itself was officially launched in April 2020 and began trading on public exchanges on April 23, 2020. Cartesi operates primarily on the Ethereum blockchain as an ERC-20 token, though it has since expanded to multiple blockchain networks including Polygon, Avalanche, Arbitrum, Optimism, and Base.

Cartesi was founded in 2018 by Augusto Teixeira and Erick de Moura. Augusto Teixeira serves as the Chief Research Officer with a strong background in mathematics, while Erick de Moura is the CEO with extensive experience in software development. Together, they created Cartesi as a layer-2 solution that brings Linux and mainstream software components to blockchain applications, enabling developers to build scalable decentralized applications using familiar programming environments.

Cartesi (CTSI) works as a utility token powering the Cartesi platform, which is a Layer 2 scaling solution that enables complex computations off-chain while maintaining blockchain security. The token serves multiple key functions: 1. Staking: Users can stake CTSI to secure the network and earn rewards 2. Node operation: CTSI is required to run validator nodes on the network 3. Data availability: It fuels Cartesi's Noether sidechain for temporary data storage 4. Transaction fees: Used to pay for operations on the platform CTSI holders can participate in the ecosystem by running nodes with Docker Engine, creating staking pools via Cartesi Explorer, or delegating their tokens to existing pools. With a maximum supply of 1B CTSI tokens and 885.58M CTSI currently in circulation, CTSI enables developers to build scalable DApps with mainstream software stacks while leveraging blockchain security.

Cartesi operates on a unique layer-2 scaling solution that combines Linux and blockchain technology. The architecture consists of: 1. Cartesi Machine: A deterministic RISC-V virtual machine that enables complex computations off-chain while maintaining blockchain security guarantees. 2. Descartes Rollups: A variant of optimistic rollups that allows developers to build DApps using mainstream software stacks. 3. Noether: A side-chain solution for data availability and temporary data storage. 4. CTSI Token: The native utility token that powers the ecosystem, used for staking, governance, and transaction fees. This architecture allows Cartesi to overcome traditional blockchain limitations by moving complex computations off-chain while preserving decentralization. Developers can build scalable applications using familiar programming languages rather than specialized blockchain languages, significantly reducing development complexity while maintaining security.

Cartesi has a promising future with a clear roadmap focused on Layer 2 scaling solutions. The project aims to expand its ecosystem by 2025-2026, enhancing developer tools and improving cross-chain compatibility. Key milestones include optimizing the rollup technology, increasing TPS, and reducing transaction costs. By 2027, Cartesi plans to launch more DApps in gaming, DeFi, and AI sectors, leveraging its unique ability to run Linux and mainstream software. The team is also working on governance improvements and expanding partnerships across multiple blockchains. With a maximum supply of 1B CTSI tokens and current circulating supply of 885.58M CTSI, Cartesi has room for growth as adoption increases. The project's focus on making blockchain development more accessible to traditional programmers positions it well for long-term success in the Web3 space.