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Latest cryptocurrency news > ALTCOIN > Cartesi: Revolutionizing Smart Contract Programming with Scalability Solutions
ALTCOIN

Cartesi: Revolutionizing Smart Contract Programming with Scalability Solutions

BH NEWS
Last updated: 1 December 2023 00:06
BH NEWS 2 years ago
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Cartesi aims to take smart contracts to the next level by implementing a unique aggregation approach to solve scalability issues and high fees in blockchains. By allowing developers to write code using their preferred software stack, Cartesi is revolutionizing smart contract programming. Noether is Cartesi’s optimized sidechain for temporary data, providing DApps with low-cost data access.

Cartesi’s competitive advantage lies in developers being able to directly code smart contracts and DApps with software components and Linux operating system resources. This represents more than just an incremental improvement in decentralized applications. General programmability offers DApp developers a whole new expressive power for both simple and complex smart contracts.

CTSI serves as a utility token for Noether and acts as cryptocurrency fuel. Token holders earn CTSI rewards by staking their tokens and participating in the network. Node operators are randomly selected based on a Proof-of-Stake system and earn the right to create the next block. Network users pay CTSI fees to add data to the sidechain.

Additionally, CTSI is also used to incentivize DApps to offload their computations to Descartes nodes. As of the time of writing, according to CoinMarketCap data, CTSI Coin is trading at $0.2060 with a market value ranking of 399 and a trading volume of $58,191,753 USD.

CTSI Coin can be quickly purchased through secure platforms like Binance. To buy CTSI Coin, users need to register on Binance and then send fiat currency. CTSI can be purchased in the CTSI/BTC trading pair using the sent fiat currency.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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