Cartesi

Halal Rating :
Comfortable
Last Price $0.21 Last updated:
Rank 323
1D Change 4.63 %
Market Cap $163.25m
Circulating supply 782,867,306
Maximum supply None

Crypto Overview

Categories
  • PoS
  • Platform
  • Cosmos Ecosystem
  • Scaling
  • Smart Contracts
  • Staking
  • DApp
  • Ethereum Ecosystem
  • BNB Smart Chain
  • Rollups
  • Sidechain
  • Binance Launchpad
  • Binance Labs Portfolio
  • Arbitrum Ecosystem
  • Injective Ecosystem
  • BNB Chain
  • Optimism Ecosystem

About Cartesi (CTSI) Cartesi is an application-specific rollups execution layer with a Linux runtime. Cartesi’s RISC-V virtual machine allows developers to import decades of open-source wisdom to blockchain applications and build decentralized applications with their favorite libraries, compilers, and other time-tested open-source tooling. Cartesi Rollups can be deployed as layer 2 (on top of Ethereum) or as layer 3 (on top of Optimism, Arbitrum, zkEVM chains, etc.), or as sovereign rollups. What Makes Cartesi Unique and Key Highlights Cartesi is an application-specific rollup execution layer with a Linux runtime. Cartesi’s RISC-V virtual machine allows developers to import decades of open-source wisdom to blockchain applications and build decentralized applications with their favorite libraries, compilers, and other time-tested open-source tooling. DApps are deployed on their own customizable application-specific rollup chains; DApps don't compete with each other in Cartesi’s ecosystem for scarce blockspace; Provides Ethereum or L2’s with orders of magnitude more computational capacity; Developers can code decentralized logic with their favorite libraries, compilers and other time-tested open source components; DApps preserve the strong security guarantees and censorship resistance of the underlying blockchain; Cartesi Rollups can be deployed as a layer 2 (on top of Ethereum), as a layer 3 (on top of Optimism, Arbitrum, zkEVM chains, etc.), or as sovereign rollups; Cartesi Rollups opens up the design space for more expressive and computationally intensive blockchain applications. The Cartesi Team The most important asset for The Cartesi Foundation is an ecosystem of contributors, each with a team of strong professionals, researchers and engineers extremely excited to create and implement cutting edge solutions in the blockchain space.  Cartesi’s core contributors come from high profile backgrounds with real-world experience at top companies such as Microsoft Research, and PhDs from top universities like ETH Zurich and Princeton. To read about the Cartesi Foundation's story and see the full lineup of contributors, visit the About page. What Can CTSI Be Used For?  The token for Cartesi, CTSI, has been designed to intermediate protocol governance and to provide additional convenience and timeliness to Cartesi DApps.  CTSI’s primary function is governance for the Cartesi ecosystem. Cartesi Foundation's decentralized ecosystem will use CTSI as a way for community members to signal approval or disapproval of community programs originating from Cartesi Improvement Proposals (CIPs). The first will be to govern the Cartesi Community Grant Program and ecosystem. The community grant program will fund new DApps built on Cartesi Rollups, public goods or retroactively fund successful projects in the Cartesi ecosystem. As the Cartesi Foundation becomes more and more decentralized, CTSI will be used in several aspects of governing the future ecosystem, network, and DAOs. ​​​​CTSI will also play an increasingly important role in terms of convenience and timeliness for DApps through Noether. Noether is a proof-of-stake solution for race-condition problems in financially incentivized blockchain interactions. In other words, node runners and stakers participating in Nother are financially rewarded for timely executing future Cartesi Ecosystem services, such as the decentralized sequencer, automatic execution vouchers, liquidity providers, and validator claims.  Noether also plays a role in Cartesi's governance. CTSI holders willing to participate in governance voting must first have their tokens delegated to a pool in the PoS system.

Crypto Impact

To assign a comfort level investing in Cartesi from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Cartesi.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating