What is Cartesi (CTSI)?
Cartesi is the alternative solution that is hell-bent on revolutionizing smart contracts while saving dApps users from ridiculous gas fees. Here is everything you need to know about the platform that promises to use a variation of optimistic roll-ups that allows smart contracts to reach heights previously denied.
Cartesi is a layer-two platform that solves the limitations of decentralized applications (dApps). Currently, the development of dApps and smart contracts is capped by the limitation of resources and useful work permitted on blockchains.
These restrictions and limitations will always be there unless dApps can access and leverage already existing resources and more powerful computing power. Cartesi enables dApps developers to access the extra computing power and tap into external libraries and databases. All without losing the application's decentralized nature.
The Cartesi Cryptocurrency runs a Proof-of-stake (PoS) consensus mechanism which drives many of the elements that make the platform work. These mechanisms rely on the actions of node operators. Cartesi native token (CTSI) cannot be called the mainstream one. It provides an incentive that ensures trustless and efficient contributions of the node operators.
Cartesi Price Live Data
Are you interested in seeing the live prices of CTSI? With Godex interactive Cartesi price chart, you can not only monitor the real-time prices of CTSI, but also trace its fluxes as it changes over time.
The candlestick chart features green and red bars that tell you all you need to know about the performance of the CTSI token on any particular day. Each bar (either red or green) represents the performance for a day, which is displayed when you move your cursor over it.
A green candlestick indicates an increase in the price of CTSI at the end of that day compared to its start. A red candle means otherwise, that is a reduction in the price of CTSI at the end of the day it represents.
The right side of the chart displays the prices, which can be contrasted to the bottom side of the chart displaying the dates.
When you move your cursor over the candlestick, a broken line traces the price changes across that particular day. The chart is available to help you make informed decisions when you are buying/selling or converting CTSI.
Cartesi Exchange Rates
The lowest price CTSI has ever experienced was $0.027, on May 7, 2020. A year later, it attained its peak price at $1.742 on May 9, 2021. The price of Cartesi has fallen since then, along with the May crypto crash around Bitcoin.
Cartesi coin price is subject to influence from its adoption, which can be tracked by the number of current node operators. As well as its listings on exchange platforms.
How to Convert Cartesi
Use Godex to convert Bitcoin (btc) to Cartesi (CTSI). Or choose from any of the other 300 different crypto that pair with Cartesi cryptocurrency on Godex. Godex is the recommended exchange platform that lets you:
- Run transactions without the burden of compulsory registration
- Carry out transactions fast in simple, straightforward steps
- Enjoy a chance to earn up to 0.6% of each transactions through its affiliate program
- Comfortably perform transactions on a secure and protected platform
- Enjoy an unlimited exchange of cryptocurrencies
Once again, just check the Cartesi price today along with the forecasts. Don’t be in a hurry while making such decisions.
Can you Mine Cartesi?
You can earn Cartesi coins (CTSI) by participating in the staking program. As a Cartesi miner, you can work in verifying transaction blocks in the Proof-of-stake (PoS) consensus mechanism. Here, you have to stake Cartesi coins to qualify to create a new block where you earn the reward tokens.
Each block you claim will earn you 2,900 Cartesi tokens.
To participate, you must run a node. The process involves a random selection by the algorithm which chooses the block creators. The probability of you being chosen to create any given block is proportional to the amount of token you have staked.