50x Linux Altcoin GEM (Cartesi Token has HUGE Potential)

Posted 3 hours ago | by Catoshi Nakamoto

Ethereum’s early dream was to become a world computer. However due to the severe limitations of its scalability and the restrictions of programability, this dream quickly fell apart and it still feels like its a far away future. The reality is that blockchains and even existing Layer 2 solutions still leave developers with limited options leaving them to create only simplistic Dapps. But by utilizing one of our favorite projects, developers will soon be able to create complex dapps and gaming will never be the same!

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Welcome to BitBoy Crypto. Home of the Bitsquad, the largest crypto community in all the interwebs. My name is Ben. Every day on this channel I show YOU how to MAKE MONEY in Crypto. If you like money and crypto then make sure to hit that subscribe button. In this sponsored video, we’re going to be covering some of the most recent updates happening with Cartesi and why it could be one of the greatest projects in this space in the future due to what they are seeking to accomplish.

Several Layer 2 solutions are working to solve the scalability problem. Unfortunately, that is not enough to unlock the vast potential of blockchain applications. Cartesi isn’t only about scaling. It’s about expanding this universe of possibilities to the world, by bridging the gap between mainstream software and smart contracts utilizing existing programming tools from Linux. This would unlock tremendous smart contract capabilities offered by their highly interoperable Descartes virtual machine. Cartesi isn’t just a blockchain. It’s a blockchain with its own operating system Descartes. The significance of this can’t be stressed enough. The difference between a blockchain with and without an operating system is night and day. I have detailed before Linux powers a majority of the software in the world that is used today. Here’s a quick run down about Linux again so you better understand why Cartesi is such a massively undervalued project:

In 2021, 100% of the world’s top 500 supercomputers run on Linux.

96.3% of the world’s top 1 million servers run on Linux.

90% of all cloud infrastructure operates on Linux and practically all the best cloud hosts use it.

In 2018, Android dominated the mobile OS market with 75.16%.

85% of all smartphones are based on Linux.

Cartesi expands the limits of current technological possibilities.

Cartesi will be working to show how things that were not formally possible to be conceived on smart contracts will be possible with Cartesi’s tech. In other words, Cartesi will be showcasing those “Impossible Dapps” that up until now have been unattainable due to blockchains limitations using Ethereum Virtual Machines or EVMs.

Cartesi is committed to bringing tangible real examples, creating previously impossible dapps for developers and users alike. To show the transformative potential of Cartesi and its unique capacity to support the full unlocking of blockchain’s potential in everyday life. Cartesi’s first impossible DApp was Creepts, which captivated 30 thousand enthusiastic players. In fact, Creepts was so impressive that Cartesi was incubated into Binance Launchpad in 2020. With Creepts, Cartesi showed how a tower defense game that would be too complex and heavy to run on Ethereum, could in fact run fully decentralized with its technology.

Creepts first displayed and tested Cartesi’s ability to handle real time action in a decentralized fashion. For those that don’t play tower defense games, there’s a lot happening on the screen which would have to be processed through a blockchain. You have your towers defending your base, all the enemies, projectiles from the towers shooting at the minions trying to destroy your castle and that’s just a brief overview. Therefore this achievement can’t be understated. This was followed by Cartesi’s DApp incubation program allowing projects who applied and who were approved to use Cartesi’s technology for Internet of things devices and an NFT marketplace.

With Cartesi’s recent display developing a Texas “HODL’em” Poker game, Cartesi shows how its technology can be utilized along with mainstream software to overcome the lack of privacy of transactions on the blockchain, allowing players to conceal their cards and have an incorruptible, tamper-proof, fully decentralized competitive professional poker experience. Where that might not seem like a big deal to you. If you like playing poker, you know that one thing most players dread is playing online. This is due to the inability to trust online sites as a result of past cheating scandals which plague the industry and follow it around like a dark rainy cloud.

That’s because with Cartesi, the biggest looming issue of trust goes away. Everything is left up to randomization of numbers and the blockchain, it’s completely immutable and no one can cheat in the game. If you are interested more on that you can click up here to watch to my interview with Cartesi’s CEO, Erik Demoura. Several technical problems have made the creation of such a Poker DApp impossible to be done on smart contracts on-chain: the impossibility to conceal players’ hands on-chain, the impossibility of shuffling the cards on the blockchain, a computation that is too intensive to be run on-chain. But there’s more. Even though other rollups solutions can overcome these scalability and privacy issues, with Cartesi, the poker program was developed with a very complex mainstream software component that runs on Linux. For context, rewriting such logic in Solidity would be a dreadful task for developers. On the path toward Mainnet, the team behind Cartesi promise they will show the power of this disruptive technology with different examples of impossible DApps that can be made possible with Cartesi’s unique tech. One of Cartesi’s latest projects was a chess game. Chess is another example of a game which requires intensive computations, to the point where porting that to a blockchain with limited scalability has been near impossible.

In addition to these use cases, Cartesi’s team plans to display fully decentralized turn-based, board, RPGs, as well as other card games. A lot of Cartesi’s efforts have thus far been focused on gaming. However, the technology can be utilized in other ways as well. As Cartesi grows we are bound to see once unachievable dapps created and whole industries disrupted with this transformative technology.

Cartesi also have ambitions to show sustainability, smart cities and other different applications with the Internet of Things. The team wants to not only inspire the development community to code previously impossible Dapps. But also support them with grants, accelerators and mentorship through their ecosystem development program, Cartesi Labs.

In other news, the Cartesi team has been expanding quite vigorously, hiring folks from all over the world into the Cartesi Foundation.

And if you needed more bullish news for Cartesi they’ve recently released key puzzle pieces on testnet, including their rollups and Noether staking which are just two components now fully working as the developers work to bring their technology to mainnet. Cartesi is shaping up to be becoming a behemoth for the future and exchanges are already beginning to see that. Just recently several large exchanges have listed the CTSI token including Kraken. Given that bullish news and the steady stream up updates… once the mainnet is here I’m confident that these cheap tokens will be a thing of the past. Thanks so much to Cartesi for sponsoring this video I hope you learned about the future potential use of its technology.

But that’s all I got. Be blessed. Bitboy out!

Source: https://thebittimes.com/50x-linux-altcoin-gem-cartesi-token-has-huge-potential-tbt1295.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: Cryptocurrency News

Post by: TheBitTimes.com