When different blockchains run smart contracts, they can regard external computations in the same way, thereby isolating difficult computations from the blockchain. This provides a secure payment system across the network. With the external computations, all parties to the computations can verify their entries.
The Cartesi framework will provide an avenue for different mainstream businesses to transfer their technology to blockchain. They can use large amounts of data and analyze it via blockchain technology. With computer vision or AI requiring a large amount of data, the blockchain is the most feasible way for these entities to minimize their cost and operate a scalable network.
Cartesi will provide a true marketplace for computational tasks and artificial intelligence. Using Cartesi’s decentralized verification process, developers can easily operate services that will allow the outsourcing of work.
These will include computational intensive tasks, data analysis, as well as machine learning. It will create more opportunities for low-cost artificial intelligence.
Cartesi has long embraced the economy and security of blockchain to enable real-world computational tasks. With Cartesi, developers do not need to rely on reputation systems, trusted third parties, or central authorities. It gives developers the opportunity of using the services, libraries, and tools they are used to.
Cartesi is a scalable and decentralized LINUX portal that provides developmental infrastructure and computational scalability for the cryptocurrency community. With the Cartesi infrastructure, mainstream software stacks can be used to code blockchain applications. It will give the applications a strong guarantee of security and reduce the high cost and computation limits of blockchain technology.
The platform consists of two-layer technology that develops and deploys a scalable decentralized application. It has DApps, which is backed by off-chain components and blockchain. The Cartesi network offers DApp developers with state-of-the-art Cartesi machines for verifiable computations on a large scale.
Cartesi also has an application that can be useful for transforming decentralized games. When there is off-chain verification, it will set the pace for the realization of decentralized games. Games that depend on a large amount of data would be easy to play with blockchain technology.
It will also apply its technology to healthcare. It would help in developing neural networks for diagnosis of disease and providing computing solutions. Even the supply chain sector will benefit immensely from the technology.
Cartesi settles all disputes through negligible computation within the blockchain. Cartesi technology can easily read content from different blockchains. It will make sure that smart contracts can rely on informational support provided by other smart contracts. The insurance and futures market will also receive a boost because of blockchain technology.
Cartesi is registered in Seychelles and does not have any crowdsale. It offered a total token of 1,000,000,000 CTSI with hardcap of 40,000 ETH.
The token sale started on April 1, 2019, and ended on May 31, 2019. Its token symbol is CTSI and token type is Utility. Cartesi accepts stablecoins and Ethereum as its currencies. The portal is set on the Ethereum platform.
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|Start||February 19, 2020|
|End||February 20, 2020|
The best way to describe the Cartesi project is to quote Shakespeare, "Much ado about nothing." All these abstracts about decentralized applications, games or whatever in the whitepaper are just a waste of ink. Ethereum remains a dominating platform for dApps, and even such well-established projects like EOS are unable to put up even a half of decentralized apps that had been launched on the Ethereum blockchain. So Cartesi would have to get in line behind all those "Ethereum killers."
Zack9087 January 1, 2020 Reply
The project was set out to provide blockchain possibilities to the mainstream. The scalability of the project will depend on how receptive it is to the public. But the level of awareness is not too good, as so much information is lacking. The team members should do more by updating the website and stay transparent with more information. If the project needs to succeed, the team members have to carry everyone along.
Ether Outlaw December 24, 2019 Reply