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CTSI is the native token of Cartesi, a blockchain-agnostic, layer-2 operating system for dApps with highly complex computations, and highly scalable smart contracts coded by developers in a Linux environment, without compromising decentralization. Its objective is to solve the issue of scalability and high gas fees on blockchain by allowing developers to improve smart contracts using mainstream software stacks, which they are more familiar with rather than Solidity. Cartesi uses a combination of roll-ups and side-chains and can run on top of most chains. It currently supports Ethereum, Binance Smart Chain, Matic (Polygon) and Eldron. Cartesi’s side-chain, Noether, has been developed for temporary data storage, for the Cartesi dApps that are meant to run on Ethereum. Noether enables developers to have access to inexpensive storage, allowing dApps to achieve high throughput. CTSI coin can be staked by users to earn mine rewards and become node validators in the Cartesi ecosystem. Node validators are selected by the proof of stake (PoS) system at random and are given the right to create the next block. Users can also use the CTSI token to pay fees on the network.
Cartesi (CTSI) is the 289th largest cryptocurrency in the world by market cap, valued at $108,505,489. The current price of Cartesi is $0.27078909, which is -1.363% lower than yesterday. Prices have ranged between $0.28148958 and $0.26535072 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 01:05 UTC.
| Coin symbol | CTSI |
|---|---|
| Coin Marketcap | AUD$108,505,489 |
| Total CTSI supply | 1,000,000,000 |
| Circulating CTSI | 566,454,771 |
| Current price | AUD$0.27078909 |
| All time high | AUD$3.4545 |
| All time high date | May 09, 2021 |
| Notable team members | Erick de Moura, Augusto Teixeira, Diego Nehab and Colin Steil |
| Partnerships | Travala.com, Elrond, IOTA Foundation |
| Industry | Smart contract programming |
| Token uses | Utility token |
| Network | Ethereum |
Historical prices compared with the price of $0.27078909.
| 1 hour | -0.75% |
|---|---|
| 24 hours | -1.36% |
| 7 days | -4.21% |
| 14 days | -22.56% |
| 30 days | -45.20% |
|---|---|
| 60 days | -49.78% |
| 200 days | -76.08% |
| 1 year | -72.43% |
Disclaimer: Cryptocurrencies, including Cartesi, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CTSI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Cartesi or any other cryptocurrency discussed.
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