Buy Cartesi

Cartesi is a layer 2 solution that addresses some of the key issues facing blockchains today: limited scalability, high transaction fees, and the complexity of blockchain programming languages. Cartesi enables developers to build decentralized applications (dApps) using popular programming languages like Python, bridging the gap between traditional software development and blockchain technology.

A key feature of Cartesi is that the protocol is blockchain agnostic, meaning it can operate on different blockchains, such as Ethereum and Solana. It uses a hybrid model with both on-chain and off-chain components, allowing developers to choose how and where their applications run.

Cartesi also offers optimized rollups and a sidechain called Noether, which contribute to the efficiency and scalability of the network.

The CTSI token plays an important role in the Cartesi ecosystem. It is used for staking, paying transaction fees, and as an incentive for nodes to participate fairly in the network.

Who founded Cartesi?

Cartesi was founded in 2018 by Augusto Teixeira, Erick de Moura, Diego Nehab and Colin Steil. The founders, with experience in software development and startups, saw potential in bridging the gap between traditional software development and blockchain technology. Erick de Moura, the CEO, currently leads the team of professionals with expertise in both technical and business areas of blockchain development.

Cartesi has several functions and applications and can be used for:

• Building Decentralized Finance (DeFi) applications: Developers can use Cartesi to build complex DeFi applications with enhanced scalability and privacy, such as automated trading platforms and lending and borrowing services.
• Developing smart contracts in popular programming languages: Cartesi allows developers to write smart contracts in popular programming languages such as Python and C++, enabling a wider range of developers to participate in the blockchain space.
• Gaming and NFTs: Cartesi enables developers to build decentralized games and NFT-related applications that take advantage of blockchain’s unique capabilities, such as verifiable ownership and interoperability.
• Supply chain management: Companies can use Cartesi's technology to develop transparent and secure supply chain solutions. This allows all parties to accurately track the origin, transportation and receipt of products.

Cartesi’s ecosystem is diverse and consists of several features and partnerships that all contribute to the growth and versatility of the platform:

• Ultrachess: A blockchain-based chess game that uses Cartesi Rollups, allowing players to bet and play with real money while complex chess algorithms are executed via the Cartesi Machine.
• Productive: A software development company that develops and maintains Cartesi's websites and applications. The goal is to improve the user experience through intuitive interfaces and smooth navigation.
• Aetheras: Specializes in developing blockchain games within the Cartesi ecosystem, such as Texas HODL'em Poker and Dazzle. These games showcase Cartesi's game development capabilities.
• UXboost: Works to improve the experience for developers in the Cartesi ecosystem by researching their needs and user experiences.
• Carti: Provides an infrastructure for the Cartesi Machine, allowing developers to easily share and reuse resources. This increases efficiency in the development process.
• Descartes SDK: A development kit that enables complex computations off-blockchain using a Linux VM. This extends the computational capabilities of Ethereum and other blockchains.

Cartesi offers developers a virtual Linux environment for developing dApps. In addition, the system offers optimistic rollups and sidechains to address blockchain scalability. The system consists of several technical components.

The Cartesi Machine

The Cartesi Machine is a Linux-based virtual machine that runs on the Cartesi nodes. These machines perform off-chain dApp calculations before broadcasting the results to the blockchain. By running dApps off-chain, they can be developed in traditional programming languages, making them more accessible.

Noether sidechain

Noether is Cartesi’s Proof-of-Stake sidechain, providing temporary storage for data that is only needed for a short period of time. By removing redundant data from the main blockchain, the efficiency of the blockchain is improved and costs are kept low.

Cartesi's optimistic rollups

The state of the Cartesi Machine and its dApps is recorded on the blockchain using a cryptographic hash. This hash contains the initial and final states of all off-chain dApps functions, ensuring transparency and fairness within the network.

Communication with the blockchains is done via Cartesi’s version of optimistic rollups. This technology executes transactions off-chain and only places transaction data on the main blockchain. This preserves the decentralization and verifiability of dApps, while making the network significantly more scalable.

CTSI staking is a process where users stake their CTSI tokens as part of the network's Proof-of-Stake consensus mechanism. By staking tokens, users contribute to the security and efficiency of the network and receive rewards in return.

Staking is done through the official Cartesi Staking Portal, where users can lock their CTSI into staking pools. These pools have different lock-up periods and reward structures, allowing stakers to choose the pool that best suits their investment strategy.

While there are multiple layer 2 scaling solutions within the blockchain space, Cartesi has managed to distinguish itself with a number of unique features:

• Mainstream programmability: Cartesi enables developers to build dApps and smart contracts using established programming languages on a Linux VM, significantly lowering the barrier to entry.
• High scalability: Thanks to the implementation of off-chain rollups, Cartesi can perform large computations without sacrificing decentralization, enabling more complex dApps.
• Privacy: Cartesi provides users with the ability to keep their data private, which is essential for many applications.
• Blockchain agnostic: Cartesi's technology is not limited to a single blockchain, but works across multiple blockchain networks, making the platform flexible and compatible with most major blockchains.

Purchase Cartesi (CTSI) at Bitvavo, which is suitable for beginners and experienced crypto traders alike. Follow the steps below to buy CTSI via our website or mobile app:

1. Log in to your Bitvavo account or create a new account.
2. Select "Deposit" to transfer money to your account.
3. Head to the Cartesi (CTSI) purchase section.
4. Determine the amount in euros you want to spend or the number of CTSI tokens you want to buy and complete the purchase with "Buy".

Your new CTSI tokens will be visible in your Bitvavo wallet immediately. Selling the CTSI tokens is just as easy, allowing you to react quickly to changes in the market.

At Bitvavo, your CTSI tokens are in safe hands. The majority of our funds are stored in cold wallets to ensure maximum security. We recommend activating two-factor authentication (2FA) as an additional security measure.

For those who prefer to manage their tokens themselves, Bitvavo supports various software and hardware wallets. Transferring your Cartesi tokens to an external wallet is easy, as long as you have the correct wallet address linked to your Bitvavo account.