Cartesi (CTSI) is a cryptocurrency associated with the Cartesi blockchain platform, introduced to bridge the gap between blockchain technology and mainstream software development. Launched in 2020, Cartesi aims to address the limitations of traditional smart contract platforms by allowing complex computations to be performed off-chain, without blockchain limitations and fees, while preserving the security guarantees of on-chain execution.
CTSI serves as the native utility token of the Cartesi network. Users can stake CTSI to participate in the network's staking mechanism, which helps secure the Cartesi blockchain and participate in the platform's Proof-of-Stake consensus. CTSI is also used as a means of payment for accessing and utilizing Cartesi services. Developers can use CTSI to pay for resources and services on the platform, including computation and storage resources.
