Cartesi is a project that has been developed since 2018 and that basically revolutionizes smart contracts to take them to another level. The team of this project is working to solve the problem of scalability and the high commissions of blockchains by adding a change of optimistic roll-ups, a second layer solution that is capable of solving these problems. But this project does not stop there, but Cartesi is revolutionizing the programming of smart contracts itself, allowing developers to write the code of their decentralized applications using sets of traditional programming tools, so that programming dApps is incredibly more accessible and efficient for programmers.
Both solutions are more than important, the scalability and complexity of creating decentralized applications are basically two of the biggest problems that hinder the global adoption of cryptocurrencies. And although the layer-2 solutions space is currently in a highly competitive state, where there are already other more important opponents such as Matic, just to name one.
Cartesi differs from these by offering a very interesting scalability solution with a somewhat different approach. Since what makes Cartesi so unique and special is that it allows decentralized applications to run on Linux, a very useful and functional operating system when developing software, making it possible for developers to create fully scalable decentralized applications on a blockchain using traditional programming tools in which they are already used to working directly from a Linux virtual machine that is accessed through Cartesi.
The applications created with Cartesi will continue to be 100% verifiable by a blockchain while the off chains, or chains that move value outside the blockchain, are responsible for carrying out the complicated data processing. This makes these dApps more efficient and allows both developers and users to have a more pleasant and familiar experience to any common and current internet application.
Cartesi is undoubtedly capable of revolutionizing smart contracts, solving the problem of scalability and high transaction fees within a blockchain. Cartesi implements a variant of roll-up, known as Descartes Roll-up, or as it would be correctly pronounced: Decagte Roll-Up. So okay, what does this solution do?
This allows to run smart contracts on a high scale on a blockchain while performing heavy computing operations outside the blockchain but without losing the great security of the Ethereum blockchain. I know that this is not the first project to implement optimistic roll-ups, but it is the first to combine that solution with a Linux virtual machine where developers will be able to program 100% scalable dapps very easily using their traditional tools. What drives the creation of projects on this solution and offers great probabilities of success and future investments for this project, since it would allow many organizations to deploy their operations on the blockchain in a simple and efficient way.
Another great reason to add Cartesi to our portfolio is that this is a layer 2 agnostic system. Since with the departure of its Descartes SDK system, Cartesi can offer solutions on any blockchain and with the Linux Virtual Machine as the heart of this system makes it possible for this SDK to support the creation of scalable programs that do not have to sacrifice their decentralization and that can also of course be created on Linux with traditional tools in any chain of blocks that we can imagine. This means that programmers do not have the need to learn Solidity, the most used programming language for smart contracts that is often seen a lot in Ethereum projects, in this way large developers can bring very complex projects full of functionalities to any blockchain without the need to learn a new programming language.
Another of the great advantages that Cartesi offers us is Noether, the oracle of this project, which gives us access to a sidechain created only to store data temporarily. This allows decentralized applications to achieve better performance and can access large files with much lower fees than we are used to today. A system that we can contribute to right now if we decide to staking our Cartesi tokens.
Another thing that I like about this project is honestly the returns on its staking, since Cartesi holders can already do staking with their tokens and the annual return they are currently offering is almost 100%, a huge return that really does not I know how long it lasts, but for now it has been giving great results to all its investors. In addition to the fact that this project is also working on a staking system where we can select different risk profiles and put our tokens in staking at different annual rates with different risks associated with each of them. Something quite innovative and that will also allow us to know in advance the annual returns that we will have on our investment, since thanks to this implementation these returns will be fixed and will not vary very quickly.
The CTSI token is a cryptocurrency that serves as Noether fuel, where it will be useful to participate in the network by staking and to pay for the transactions of entering data within the side-chain. But it also plays an important role in the Roll-Ups Descartes, where these tokens will be used to outsource the execution of verifiable calculations to all those who execute the nodes of this roll-up. Therefore, its use is essential, and will be highly necessary for the operation of the network.
