With the introduction of blockchain technology, we have established may advantages over a centralized system. These includes, transparency, faster transaction speed, security and scalability.
With the popularity of tokenization, decentralized applications are getting built up on these blockchains. The blockchains which are best suitable for the particular decentralized applications based on the criteria of transparency, faster transaction speed, security and scalability, are getting popular in cryptocurrencies world. The term and thus implementation of tokenization is now spreading wider than it was observed.
But it’s not simple as it looks. Blockchains for the tokenized decentralized applications is working as expected for assets which do not require extensive or large computations. When it comes to scalability, for intensive or critical computation requirements, there are certain limitations. These limitations are being handled and taken care by many projects with introduction of block sharding technology. But here also with sharding techniques, it’s not getting solved completely.
It has been also observed that especially large computations (consensus mechanism) affects the transaction speed.
Moreover, we can say that blockchain technology is still in initial phase, there is not much scope to do research to overcome the issues getting observed with it. This is because there is no environment or infrastructure available to do kind of testing to identify the issues and thus solutions for it. Thus, the limited scalability is prohibiting many digital applications getting introduced to blockchain and thus affecting the tokenization.
Here, there is a strong need to address these issues so that more and more digital applications can come to blockchain technology and can incorporate more scalability and intensive lengthy computations.
And here comes a platform which solves all these current problems with blockchain technology and makes intensive computations real practical. This platform is nothing but from Cartesi.
Cartesi works with both blockchain and off chain computations which makes it unique to make intensive computations possible with higher scalability.
At the moment the existing computing architectures of blockchain are not defined to work on these blockchain and off chain computations which requires extensive validation and consensus there upon which can be then a fruitful output. Here Cartesi overcomes the lack of such architecture of infrastructure.
So Cartesi solves the problem of scalability which is due to computations inside blockchain, via a decentralized and scalable Linux infrastructure. Cartesi also provides development infrastructure for decentralized web.
So, the computations which are intensive or lengthy and leads to poor performance of blockchain in terms of scalability, Cartesi runs this computations off-chain but also ensures all the benefits of blockchain like security guaranty and more scalability. Due to this it also saves lot of operational costa which are required for such computations.
Cartesi provides lot of features over conventional blockchain that includes high scalability, Linux operating system for blockchain which ensures enhanced security, guaranteed consensus or agreements for high throughputs.
As mentioned, since Cartesi provides kind of development infrastructure for digital applications, potability is highly possible for digital applications to switch to another blockchain flawlessly. It is also very easy to build digital applications in respective blockchain with any desired languages or services and that too with own desired tools. And this is truly called scalability. Ability to perform anything to get all the benefits of blockchain.
Cartesi’s Linux infrastructure and digital applications development environment is best suitable gaming, logistics and many more software developments on desired blockchain.
About Cartesi’s Team and partners:
Cartesi has got a very professional experienced and dedicated team serving in the niche since serval years.
Founder and CEO of Cartesi, Mr. Erick de Moura, is having dedicated 20 years to the industry.
For more team details, you can visit: https://cartesi.io/
As far as partners concern, Cartesi is backed by solid partners like FBG Capital, Enterprise Ethereum Alliance, Taiwan Tech, Biilabs.io and so on.
For more partners details, you can visit: https://cartesi.io/
Conclusion: - Identifying the challenges in current blockchain technology and moreover to overcome the issues is not easily possible. Cartesi, using intensive computations via off-chain, still delivering all features of blockchain technology like security, transparency and with enhanced scalability.
Website: https://cartesi.io/
Whitepaper: https://cartesi.io/cartesi_whitepaper.pdf
Telegram @username: @forexauditor
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2438580
Email: [email protected]
This article is brought to you by http://forexauditor.com
Congratulations @forexauditor! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit