
Cartesi to Hold Giveaway on January 28th
Cartesi has announced a 5-day long giveaway event for its Chinese community members in celebration of the Lunar New Year. The event will take place from January 28 to February 1, featuring CTSI red envelopes as part of the festivities. Refer to the official tweet by CTSI: To our Chinese community members preparing for Lunar New Year, we’ve got a surprise for you!Celebrate it with us with a 5-day long giveaway from Jan 28 - Feb 1 with CTSI red envelopes 🧧How to join ⬇ï¸Download & join the Cartesi Chinese Telegram community for a… CTSI InfoCartesi (CTSI) is a blockchain project aiming to make the development and deployment of decentralized applications (DApps) more practical and scalable. It does this by enabling smart contracts to run off-chain computations in a Linux environment, which opens up the possibility to use mainstream programming languages and software, as well as access larger amounts of data more efficiently.The fundamental piece of technology behind Cartesi is the Descartes SDK, a software development kit that provides a set of tools and services to help developers build scalable and secure DApps. With Descartes, computations can be intensive and incorporate complex business logic as they are executed off-chain in a Linux environment.The Cartesi token (CTSI) serves multiple utility purposes within the Cartesi ecosystem. It is used as a staking mechanism in the network's Proof-of-Stake (PoS) consensus algorithm, and also as a means to pay for computational resources within the network. In addition, it's used in the network's incentive system for data availability and computation verification.