HomeCoinsCartesi (CTSI)Cartesi and Enterprise Ethereum Alliance (EEA) to bridge the gap between Blockchain...

Cartesi and Enterprise Ethereum Alliance (EEA) to bridge the gap between Blockchain and mainstream | by Vinicius Farias Ribeiro | Cartesi | Oct, 2021

- Advertisement -


Learn how we’re bringing developers and enterprises to Ethereum

Vinicius Farias Ribeiro
Cartesi and Enterprise Ethereum Alliance (EEA) to bridge the gap between Blockchain and mainstream | by Vinicius Farias Ribeiro | Cartesi | Oct, 2021

Cartesi has joined EEA and is stepping up to help to bring mainstream developers and enterprises to Ethereum by enabling smart contracts coded with industry-standard software components.

Why do only 0.1% of developers choose to use blockchain?

Even though blockchain usage is growing, just 0.1 percent of developers are presently using blockchain technology. Severe scalability issues and the difficulties of coding decentralized applications create a huge gap.

On one side, there is the traditional software world, including the web, with unlimited power and convenience for developers and users. On the other side there is the promising but very inefficient, expensive, and inconvenient world of blockchains. The gap being: blockchain-based apps do not integrate well with existing software and tools.

So far, this gap has not been bridged. And without bridging the gap, blockchain cannot fulfill its potential of changing the world.

We prove the impossible possible

Cartesi bridges the gap. We expand the limits of technological possibilities. We will make the impossible possible: the ‘Impossible DApps’ will run on a sense-making engine to create a more democratic reality. Because what is built now is not good enough for this new reality to happen.

In terms of coding languages, Solidity is the primary language on the blockchain. Developing secure smart contracts in Solidity is often a daunting experience for developers. To make matters worse, blockchain virtual machines do not support operating systems, leaving programmers with a low-level coding experience disconnected from the hundreds of software components available in the mainstream software industry.

To overcome this limitation, Cartesi implements a second layer infrastructure with a Virtual Machine (VM)that supports Linux, allowing developers to use mainstream languages and components they are already used to and which give them full expressive power and convenience. With that, Cartesi bridges the gap between the mainstream and the blockchain.

Using Cartesi, DApp developers will use their toolbox to code their smart contracts and overcome scalability issues. Besides the Linux VM, Cartesi has developed scalability solutions like optimistic rollups for computational capacity, called Descartes; and a storage solution named Noether.

All systems offered by Cartesi can significantly assist businesses in connecting to the public Ethereum ecosystem. Private networks with a two-way bridge to Mainnet may be retained by consortia while fully interoperating with their token economy and DApps by utilizing Cartesi Rollups. Cartesi can produce smart contracts with more than 10,000 times the computational capacity. Privacy may be ensured by off-chain encryption and multi-party computation. To top it off, the code that is used to implement the application logic (i.e., smart contracts) will be done in Linux and firms’ industry-standard software components.

Cartesi technology has demonstrated its unique capabilities in decentralizing complex logic like the tower defense game — Creepts and the fully decentralized Cartesi Texas HODL’EM Poker. Other use cases for Cartesi technology were NFT and IoT.

Recently, Cartesi has upgraded their Proof-of-Staking smart contracts, and now users can delegate their staking in pools on mainnet. It will allow CTSI holders to keep their token custody while helping to secure and decentralize the Cartesi ecosystem and receive rewards for their contributions.

Cartesi x Enterprise Ethereum Alliance

“Cartesi and EEA have promising paths to explore. As enterprises start to embrace public blockchains and Ethereum Mainnet specifically, I trust Cartesi Rollups will be immensely valuable, solving the pressing problems of scalability, privacy, and coding inconvenience. That will foster a rapid adoption of blockchain tech and countless opportunities for several industries.”

Erick de Moura, CEO at Cartesi

“What seems impossible will be possible: everyone will be able to enter the blockchain. We invite enterprises to make projects as intelligent, eloquent, and robust as they are now, only better. On the blockchain, with privacy, scalability, and an industry-grade coding experience. It’s time to create a more inclusive world together with all members of the EEA.”

Vinicius Ribeiro, Head of Expansion at Cartesi



Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,579FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 43,954.00
ethereum
Ethereum (ETH) $ 3,099.08
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 334.00
litecoin
Litecoin (LTC) $ 136.12
eos
EOS (EOS) $ 2.61
okb
OKB (OKB) $ 22.58
tezos
Tezos (XTZ) $ 4.06
leo-token
LEO Token (LEO) $ 4.88
cardano
Cardano (ADA) $ 1.19
monero
Monero (XMR) $ 182.38
stellar
Stellar (XLM) $ 0.240496
chainlink
Chainlink (LINK) $ 18.26
huobi-token
Huobi Token (HT) $ 9.98
tron
TRON (TRX) $ 0.068179
usd-coin
USD Coin (USDC) $ 0.998473
dash
Dash (DASH) $ 112.58
neo
NEO (NEO) $ 22.50
iota
IOTA (MIOTA) $ 0.95542
nem
NEM (XEM) $ 0.114349
zcash
Zcash (ZEC) $ 128.26
maker
Maker (MKR) $ 2,232.21
paxos-standard
Pax Dollar (USDP) $ 0.999678
ethereum-classic
Ethereum Classic (ETC) $ 31.28
vechain
VeChain (VET) $ 0.06457
true-usd
TrueUSD (TUSD) $ 0.999911
ftx-token
FTX Token (FTT) $ 46.51
kucoin-shares
KuCoin Token (KCS) $ 20.42
waves
Waves (WAVES) $ 10.49