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What is Cartesi (CTSI)?
Cartesi (CTSI) is the native token of the Cartesi network, a Layer-2 scaling solution for Ethereum. CTSI tokens incentivize network participation, secure the network, and fuel various functionalities within the Cartesi ecosystem.
Key Features of Cartesi (CTSI)
- Scalable dApp Development: Cartesi allows developers to build complex decentralized applications (dApps) on Ethereum without limitations imposed by the mainnet’s scalability.
- Linux Runtime Environment: Cartesi provides a Linux runtime environment for dApps, enabling developers to leverage familiar programming tools and languages.
- Optimistic Rollups: Cartesi utilizes optimistic rollups, a scaling technique that processes transactions off-chain and settles them on the Ethereum mainnet for security.
- Decentralized Network: CTSI token holders contribute to the security of the Cartesi network through staking.
Uses of Cartesi (CTSI) Token
- Staking Rewards: Users can stake CTSI tokens to contribute to network security and potentially earn rewards.
- Network Fees: CTSI tokens might be used to pay for transaction fees associated with dApp usage on the Cartesi network.
- Governance (Potential): In the future, CTSI token holders might have voting rights on proposals affecting the Cartesi protocol’s development