Cartesi is a layer-2 platform for the development and deployment of scalable decentralized applications which was introduced via Binance Launchpad.
Cartesi DApps are composed of both blockchain and off-chain components. Off-chain components run inside Cartesi Nodes that represent the interests of each dApp user. Cartesi Nodes provide dApp developers with reproducible Cartesi Machines, where large scale verifiable computations can be run. These verifiable computations are easily integrated into smart contracts by powerful primitives that provide strong conflict resolution guarantees. Being a layer-2 platform, the space is less crowded and can start affecting CTSI price positively.
You can build smart contracts with mainstream software stacks. Developers can take a productive leap from Solidity to the vast universe of software components supported by Linux which is the favorite platform for many developers.
Cartesi enable million-fold computational scalability, data availability of large files and low transaction costs while preserving the strong security guarantees of Ethereum.
From games where players conceal their data to enterprise applications that run on sensitive data, users can preserve privacy on your DApps using Cartesi.
Descartes executes massive computational tasks off-chain, on a Linux virtual machine fully specified by a smart contract. The results of the computations are fully verifiable and enforceable on-chain by honest Descartes node runners, preserving the strong security guarantees of Ethereum.
Let us review CTSI price.
CTSI/USD – Price Prediction
CTSI is trading above the resistance zone of $0.2845 and as long as it is above this support area, we could start seeing a move towards $0.3465, $0.4303, $0.5661, $0.7019 and $0.7858. Failure to hold the support of $0.2845 could lead to a drop towards $0.2107 which would be a good area to long CTSI. CTSI has a good support at $0.2107 and $0.1536.
CTSI is currently trading at $0.303785 with a market cap of $90,588,068. Its 24 hour trading volume was $11,139,359.
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