Cartesi is allowing developers to code their smart contracts and DApps directly with mainstream software components and Linux OS resources.
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- What is Cartesi?
- How was Cartesi Launched?
- What is the Vision for Cartesi?
- Who is the team behind Cartesi?
- How to Stake Cartesi?
- How much can I make Staking Cartesi (CTSI)?
- Is there any risk Staking Cartesi (CTSI)?
Cartesi is special in the blockchain universe because it allows decentralized applications to run within a Linux environment. Complex processing can be executed off-chain, free from a blockchain’s computational limits and corresponding fees. Cartesi is chain-agnostic and developers won’t need to worry about the longevity of particular blockchains.
Cartesi was founded in 2018 by Erick de Moura, Augusto Teixeira, Diego Nehab and Colin Steil. The founding team initially got into blockchain as a result of one of the founders, Augusto Teixeira, being friends with Serguei Popov, the founder of IOTA. Serguei became one of Cartesi’s earliest investors and advisors.
Augusto had the original idea of creating a trustless AI marketplace for data scientists. Later, the team realized they were tapping into a broader scope and the project evolved into developing a versatile layer-2 Linux infrastructure to overcome the problems of scalability, of computation, and infrastructure for blockchain applications.
Cartesi has received funding by prominent investors and funds such as SNZ, SOSV, Artesian and others.
Cartesi’s vision is to make the development of DApps easy, scalable, and cost-efficient by incorporating tools developers already use and have evolved over the last 30 years.
Cartesi will allow DApps to be closer to what we experience with regular apps we use every day, making the broader adoption of blockchain a reality.
The Founders of Cartesi
Erick de Moura – Founder & CEO at Cartesi
Colin Steil – Co-Founder & COO at Cartesi
Augusto Teixeira – Professor at IMPA – Chief Scientific Officer at Cartesi
Diego Nehab – Researcher at IMPA – Founder & CTO at Cartesi
Use the Cartesi Explorer to stake CTSI
Before you start, make sure to use one of the following browsers: Chrome, Brave, Firefox, or MS Edge.
You will also need a Metamask wallet to “Connect To Wallet” that has an Ethereum account holding the CTSI you intend to stake.
Remember you also need enough ETH funds in the same wallet to later transfer to your node, as we will instruct below.
After connected you navigate to the “staking” page and finish the next steps of the CTSI staking process.
Currently, 2900 CTSI are being proportionally distributed per block between all stakers.
To find how much you can earn check out the Staking Rewards Calculator for Cartesi.
Cartesi explains there is no risk of slashing due to any node failure. Additionally, staked principal is never at risk and can always be recovered from the staking contract at any time by using the Cartesi Explorer.
Also please consider that funds are not immediately accessible when staking, but are subject to a 48 hours withdrawal time / lock-up period.