The use of blockchain technology and decentralized applications (DApps) is on the rise as various industries look forward to adopting this relatively new technology for obvious reasons. As people attempt to solve a variety of problems with DApps, the existing blockchain ecosystems are not designed to do most of the heavy lifting. Thus, creating an obstacle to widespread adoption of DLT.
Enter Cartesi, a blockchain solution that incorporates the goodness of a steadfast computer with a fully functional operating system. The platform blends the best of decentralized technology with good old computing to create a solution that makes DApps work like any other software application.
How is Cartesi Different from Other DApp platforms?
Blockchain technology was originally created to process cryptocurrency transactions, which meant limited applications and computational capabilities. Most of the blockchain ecosystems currently available in the market make use of the same infrastructure with certain improvements to develop DApps. The limited scalability achieved through Layer 1 solutions not only fails to meet the exceeding processing power requirements of various DApps as most computation happens on-chain but also increases the cost of transactions and validations on the blockchain.
The Cartesi project has developed a Layer 2 solution that overcomes the challenges faced by developers using Layer 1 blockchain. The Cartesi ecosystem is designed to harness the power of off-chain computing resources by including a Linux runtime environment while ensuring similar levels of security and integrity offered by Layer 1 blockchain applications. With this setup, developers can leverage the full potential of processing power offered by Linux environment along with various additional benefits and yet rely on the blockchain to achieve consensus.
Scalable DApps Architecture
By design, Cartesi allows applications to run intensive computations off-chain, which also gives these applications a great deal of flexibility to use various open-source software components for increased efficiency and accuracy. It also means that developers can work in a familiar Linux environment to create DApps without worrying about the interoperability of their applications over different blockchains.
Cartesi implements the RISC-V ISA protocol to support Linux virtual machines within the Cartesi Nodes. These nodes create a secure and trusted environment for off-chain computing over Linux run time environment which is in accordance with the applicable consensus which is further verified on-chain. In case of any conflict, the platform resolves it through a “verification game” where a set of smart contracts on blockchain verifies the outcome of processes from different nodes to judge their accuracy. With this model, Cartesi reduces the dependency of on-chain processes to a minimum, resulting in enhanced efficiency without compromising the integrity, accuracy, or security of the system.
Cartesi is a blockchain-agnostic solution whose first implementation is being carried out on the Ethereum blockchain. Capable of operating with PoW, PoS and other consensus mechanisms, the Cartesi Node can be theoretically deployed on any blockchain and made to interact with other DLTs flawlessly, thereby creating an ideal bridge between on-chain and off-chain technologies.
Cartesi has its own utility token (CTSI) that acts as a medium of value and information exchange on the platform. The token enables the Cartesi network to provide services on PoS protocols like high throughput sidechains for temporary data storage etc. while at the same time incentivizing operation of Cartesi Node and other network services.
The total supply of CTSI is initially fixed at 1 billion tokens, with an option to generate more if necessary, depending on the network requirements. Cartesi aims to distribute the CTSI tokens uniformly across users who run the Cartesi Node to ensure the security of its PoS infrastructure. Depending on the supply and demand, the CTSI tokens can either demonstrate an inflationary or deflationary effect. CTSI is already listed on Binance Launchpad and WazirX, as the platform continues to work on listing the token on other leading exchange platforms.
Road So Far
The Cartesi protocol is capable of offering decentralized internet backed solutions to various industry verticals including Gaming, Research, Logistics and Operations, Decentralized Finances etc. The very first use case of the Cartesi Protocol can be experienced in the gaming sector with their Creepts Tower Defense game. Creepts is the first fully decentralized tower defense DApp, that also acts as a technology demonstrator by showcasing the abilities of Cartesi Network. It is a game built with traditional software stacks where consensus and security are guaranteed by the Ethereum blockchain. Users can participate in Creepts single-elimination style tournament using Rinkeby ETH, where the players with the highest score during each round get promoted to the next round until final match-up.
What’s in Store
Started in July 2017, the development of Cartesi project has stuck closely to the pre-announced timeline. With the first DApp launched in the form of Creepts, the platform looks forward to releasing Cartesi SDK with documentation, POS prototype and CTSI Mining on mainnet by the end of this year.
Following the successful creation of a prototype DApp, Cartesi has proven that the future where DApps are capable of executing processor-intensive tasks will soon be a reality.
Learn more about Cartesi at – https://cartesi.io/
Try Creepts game at – https://creepts.cartesi.io/en/
Cartesi Whitepaper- https://cartesi.io/cartesi_whitepaper.pdf
Cartesi Telegram Community – https://t.me/CartesiProject