CTSI coin is the native coin of the Cartesi platform, a groundbreaking project in the blockchain field. With the goal of improving scalability and reducing transaction costs on blockchain, Cartesi uses Layer-2 infrastructure to develop more powerful smart contracts and dApps.
Therefore, in the article below, AZCoin will provide detailed information about Cartesi (CTSI), from outstanding features to information about the development team and investment potential in CTSI coin.
What is Cartesi (CTSI)?
Cartesi is a Layer-2 platform that enables the development of more powerful Smart Contracts and dApps. It aims to solve the problem of scalability and high transaction costs on the blockchain by using a Layer-2 infrastructure.
Cartesi allows complex and intensive computations to be performed outside the blockchain without compromising decentralization. In this way, Cartesi combines blockchain components to secure and finalize transactions.
How Cartesi work
Cartesi works by allowing developers to run smart contracts and dApps outside of the blockchain in a Linux environment. This means that complex computations can be performed quickly and efficiently without the limitations of traditional blockchains. These computations are verified by the Cartesi network and stored on the blockchain, ensuring transparency and security.
Cartesi’s consensus mechanism is based on PoS, where CTSI tokens are used to secure the network. When a dispute arises, Cartesi automatically processes the computations to make a fair decision, keeping all necessary information recorded and protecting the accuracy of transactions.
Cartesi highlights
There are several factors that make Cartesi stand out in the blockchain world, including:
- Computational complexity: Cartesi allows for heavy, resource-intensive computations to be performed off-chain. This not only saves costs but also improves the performance of dApps.
- Flexibility: Developers can work in a familiar Linux environment, with the ability to use the tools they are familiar with without the usual limitations of blockchain.
- Security: Even though computations are performed off-chain, Cartesi still ensures security and verification through its consensus mechanism. Any party involved can verify the computations without a constant connection to the blockchain.
- Automatic consensus: When there is a dispute, Cartesi automatically resolves it, helping to maintain accuracy and transparency in transactions.
Overview CTSI coin
What is the CTSI coin?
CTSI coin is a token issued on the Ethereum platform, with the token code CTSI. It’s used for many purposes in the Cartesi system, including:
- As collateral in case of disputes.
- Payment for temporary data storage on the Cartesi Side Chain.
- Participation in the Proof of Stake consensus system.
Key metrics CTSI coin
- Token name: Cartesi
- Ticker: CTSI coin
- Token Type: Utility
- Token standard: ERC-20
- Blockchain: Ethereum
- Contract: 0x8cF15c200bb057DbBbb4B270B95769dff641eE92
- Market cap: $154,608,658
- Circulating supply: 832.369.726
- Fully diluted market cap: 143.839.638 US$
- Total supply: 1.000.000.000 CTSI
- Volume 24h (26/09/2024): 6.531.660 US$
CTSI coin allocation
CTSI coin is allocated according to a specific schedule as follows:
- Foundation Reserve: 40.22%
- Mining Reserve: 25%
- Team: 15%
- Launchpad Sale: 10%
- Private Sale: 5%
- Advisors: 2.11%
- Seed Sale: 2%
- Strategic Sale: 0.67%
Where to buy CTSI coins, which exchange?
Some of the best crypto exchanges to buy and trade CTSI include Bitunix, Bitget and WhiteBIT. On Bitunix, the CTSI/USDT trading pair has the highest trading volume. You can also find CTSI on other exchanges like Binance and Coinbase.
Which wallet is CTSI coin storage?
To safely store CTSI coins, you can use reputable wallets such as Trust Wallet, Cobo Wallet and Atomic Wallet. These wallets offer high security features, including strong encryption and two-factor authentication, which help protect your assets from potential threats.
Project Team, investors and Partners
Project Team
Cartesi development team consists of leading experts in the field of information technology and blockchain. Key team members include:
- Augusto Teixeira (CSO): Has over 10 years of experience in computer science, cybersecurity and cryptography. Augusto received a scholarship in Databases and Artificial Intelligence from the University of Paris-Sud.
- Colin Steil (COO): With over 10 years of experience in engineering and product management, Colin has worked at major technology companies such as Amazon and Microsoft before joining Cartesi.
- Diego Nehab (CTO): Diego brings over 20 years of experience in software research and development, prior to joining Cartesi he worked at Google, Microsoft Research and Amazon.
- Erick de Moura (CEO): Erick has many years of experience in business and investment and was a partner at McKinsey & Company, helping Cartesi build a sustainable development strategy.
Investors & Partners
Cartesi has attracted the attention of many major investors and partners in the blockchain industry. Some notable names include Impetu, Kraken, Crypto.com, Taiwan Tech University, Scalac, Coinbase, Now Payments, Upbit, Revolut, IOTA and Binance. These relationships not only help Cartesi increase its reputation but also open up many opportunities for future cooperation.
Is CTSI coin a good investment?
Many experts believe that CTSI coins have strong potential for future development. With the support of a team of experienced experts and major strategic partners, Cartesi is capable of solving difficult problems in developing dApps and Smart Contracts.
It’s predicted that the value of CTSI can increase significantly as the project continues to develop and expand, with practical applications widely deployed on the platform.
Summary
Above is the information that AZCoin has compiled about the Cartesi project and CTSI coin. Hopefully the article has helped you have an overview and details about this project as well as decide whether to invest in CTSI coins or not. If you have any questions, please leave a comment below for discussion!
I’m Jessi Lee, currently living in Singapore. I am currently working as a trader for AZCoin company, with 5 years of experience in the cryptocurrency market, I hope to bring you useful information and knowledge about virtual currency investment.
Email: [email protected]
