Cartesi
Current price
$0.0310
−2.64%24h
LiveUpdated 23s ago
TodayCartesi falls 2.6%, outpacing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.23%
- 24 hours−2.64%
- 7 days−2.73%
- 30 days+24.15%
- 1 year−45.72%
Cartesi's move in context
Beating the market today
−2.64% today against −3.24% for the market as a whole, a gap of 0.6 points. Small gaps like this are common, so they don't point to anything specific.
Trend has turned
−2.7% over 7 days and +24.2% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Cartesi
Overview
Cartesi is a groundbreaking cryptocurrency project that aims to bring the power of mainstream software development to the blockchain ecosystem, thus expanding the capabilities of decentralized applications (dApps). Its core mission is to enable developers to build sophisticated dApps with the flexibility and tools they are accustomed to using in traditional software development, like Linux-based environments and programming languages such as Python and Java. Cartesi's distinguishing feature is its unique Layer-2 solution that combines the strengths of decentralized networks with the scalability and computational power of traditional computing environments. This approach allows for off-chain computations while ensuring that the results remain verifiable and secure on the blockchain.
Technical Features
Cartesi employs a variety of technical features designed to enhance performance and security. At the heart of its architecture is a unique consensus mechanism called Proof of Stake (PoS), which provides a secure and efficient way to validate transactions while minimizing energy consumption. The Cartesi Network allows for chain-agnostic off-chain computation through its use of a virtual machine environment that operates on standard software stacks. This virtual machine can execute complex computations in an efficient manner, drastically reducing the workload that would normally be borne by the blockchain itself. Cartesi also integrates a component called Descartes, which allows developers to create and run dApps using any software framework, making it a versatile option for developers.
Use Cases
The primary use cases for Cartesi revolve around the development of advanced decentralized applications in various sectors. In decentralized finance (DeFi), Cartesi enables the creation of financial instruments and platforms that require complex computations, such as derivatives and automated market makers, while ensuring transaction integrity. Additionally, it supports non-fungible tokens (NFTs) by facilitating the seamless creation and trading of digital assets that require heavy computational resources outside the blockchain. Cartesi’s smart contract functionality also allows it to engage in cross-border payments, enhancing the speed and cost-effectiveness of international transactions compared to traditional systems.
Development Background
Cartesi was founded in 2018 by a team of experienced professionals, including co-founders Anastasia Makarieva and Diego montez. The project has since gained attention from investors and developers alike, with significant contributions from various blockchain enthusiasts and organizations supporting its growth. Over the years, Cartesi has achieved multiple milestones, including successful funding rounds, partnerships with other blockchain projects, and the launch of its mainnet. These developments have positioned Cartesi as a promising player in the ever-evolving blockchain landscape.
Community and Ecosystem
The Cartesi ecosystem is bolstered by a vibrant community of developers, users, and enthusiasts dedicated to advancing the technology and its applications. The project has formed strategic partnerships with several blockchain networks, enhancing its ecosystem and expanding its use cases. Cartoon developers have access to an array of tools and resources to support their dApp development efforts. Numerous projects have been built on Cartesi’s infrastructure, highlighting its capability to facilitate complex operations while ensuring security and efficiency in the blockchain environment.
Future Potential
Looking ahead, Cartesi demonstrates immense potential based on its innovative technology and practical use cases. The continued evolution of the protocol could lead to enhanced scalability, allowing it to handle even more complex applications across various sectors. Additionally, the roadmap for Cartesi includes upcoming features such as improvements to its consensus mechanism and more robust integration with other blockchain platforms. As adoption grows, Cartesi is poised to make significant contributions to the future of decentralized computing and blockchain technology.
Cartesi market
- Position by market cap among the coins we track.
- #283
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $29.77M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.0289High $0.0319
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $1.74
- Now 2% of itReached 9 May 2021 · Needs +5,522% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 961.81M CTSI
- 96% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 1B CTSI
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 1B CTSI
- The most coins that can ever exist. Some coins have no limit.
Cartesi converter
1 Cartesi = $0.0310
