Introduction
Today I will try to broaden your horizons. We will talk about the Blockchain market and the changes that have taken place in the short period of 2020. Let's talk about the project. It can change the whole approach to creating Dapps. Let's talk about how to solve the problems that have developed in the blockchain market today. We will try to find solutions to these problems in new projects. Let's talk about which cryptocurrency is worth paying attention to in the first place in 2021.
Blockchain
Despite the pandemic and the impending global crisis, to the surprise of the whole world, the cryptocurrency market went up. This year can be called the year of DeFi. These decentralized projects have begun to unleash the full potential of Ethereum. Which caused a great growth in the market. Well, of course, such as the rapid growth in the market, significant problems have emerged. Network scalability. The network was not ready for such a huge load, which led to an increase in commissions. Most of the Dapp projects just haven't been able to continue working for a long period. Therefore, the market needs a solution. A solution that will help reduce the cost of transactions and solve the problem of Blockchain scalability
Dapp
There are more decentralized projects every day. Blockchain technologies are just starting to develop even though the technology is already 10 years old. New ideas and developments enter the market every day. In 2020 (like many years earlier), the most popular Dapp development solution is the Ethereum blockchain.
Despite the popularity of development on the Ethereum blockchain, there is one problem. It is a programming language. To create a Dapp you need to be a specialist who knows Solidity (link). As I understand it, this is the main problem. Not all programmers can quickly master this programming language. Which slows down the overall growth of the decentralized market.
Cryptocurrency 2021
There are many great projects out there. But most of them are inherently doing nothing. Unfortunately, this is the case. However, I have a great project for you. Which will just be able to show itself in the first year of 2021! The project solves the problem of scalability of the Ethereum blockchain, which should reduce fees! Programmers will be able to refuse to learn Solidity technology - and will be able to use other programming languages in their work.
In my opinion, this is the most promising project in 2021!
Plan:
- What is Cartesi ?
- Cartesi News ?
- CarteciHub.
- My personal experience.
- What to expect from the market.
What is Cartesi?
Cartesi is a project that offers the market many unique technologies. Now you can create your Dapps using the programming languages you know. Also, a key feature of the project is to help in scaling existing blockchains. The Cartesi project computes on the non-Ethereum network in its own virtual machine that runs Linux.
Now developers of decentralized applications will be able to abandon the hard-to-learn Solidity language. They will be able to interact with the decentralized network by creating projects using other programming languages.
Pros of using RISC-V architecture:
- Opens up new possibilities for Dapp developers
- Attracts more specialists to the decentralized development market
- RISC-V microprocessor architecture will allow interoperability with new Apple PC (M1)
For the Ethereum network, the team also has its own solution. Its name is Descartes. It is a cloud computing service. All calculations take place on the non-Ethereum network, which significantly reduces the load on the entire network. This will allow the entire Ethereum blockchain to scale. Reduce the cost of a transaction on the network. This is the solution the market needs today. Unload the network. Since no one wants to pay a commission of $20
Versatility
This is probably what really impresses me. Most projects run in a narrow environment. Let's say they use one blockchain. How do we tie all the blockchains together? Everything is simple! Let's use the offline layer. That is, we will use Cartesi! Judging by the information from the project website, they are already actively integrating into Binance Smart Chain and Matic.
The outer Cartesi layer will apply to any blockchain.
Last news:
The latest news on the project was published today. We are talking about summing up the results of the past year and about new tasks set. The second quarter of 2021 can be a key one in the development of the project.
You can find out all the information about further plans from this article: https://medium.com/cartesi/cartesis-2021-roadmap-3db21528d86d
The team also presented a detailed report on the project's success in January: https://medium.com/cartesi/january-2021-monthly-report-cartesis-new-chapter-scalable-smart-contracts-built-with-15dddc94f8e0
CartesiHub
Social mining and community development are popular now. Together with Dao Maker, the team has successfully launched its social mining platform! You can now become part of the community. Promote and develop the project together with the team. Social MayNing provides brand awareness, builds reputation with investors and attracts new ones.
You can join our community here:
https://community.cartesi.io/signup/xPMCEppDYr
My personal experience
A year ago, I started promoting this project as a participant for an award. I have published several articles and videos on this project. I really liked Cartesi's idea of creating dapps using other programming languages. I kept the advertising reward by investing in the Cartesi project.
I have now joined CartesiHub and continue to support their project. Of course, to develop the project and to get even more CTSI to your wallet.
My link if you want to join CartesiHub is a 5% bonus!
https://community.cartesi.io/signup/xPMCEppDYr
Why I invested in Cartesi?
Everything is simple. Versatility! If the project provides a technical solution for the market. Then he makes money. The project is successfully traded and has 23 trading pairs.
Among its exchangers is Binance.
A lot of new positive news from the developers. Many joint projects. Launch of CartesiHub, Node investing, Stacking !
The project is actively developing the last quarter was successful for the project and investors. This chart clearly shows the direct movement towards the moon! I advise everyone to buy Cartesi in their portfolio.
A few moments later!
Articles that may be useful to you:
CTSI Reserve Mining | Cartesi Hub | How to Run a Node and Stake | Medium