November 2020 Monthly Report — Pre-Staking in Preparation for CTSI Reserve Mining
As of 2022 Descartes has now been renamed as Cartesi Compute.
November 30, 2020 — November has been an action-packed month with moments everyone has been waiting for. We are now on the road to CTSI Reserve Mining and the first version of our PoS system that will bootstrap Noether and Staking Auctions; learn more on our brand new website and pre-stake now on Coinone!
In addition, read below to learn more about our DApp Incubation Program Participant Achievements, the launch of 4 new regional communities: Brazil, Japan, Philippines, and Spanish, a new Uniswap pair, as well as AMA’s that have great information around Cartesi’s new positioning, CTSI Reserve Mining, and the PoS system.
CTSI Reserve Mining Website and Pre-Staking on Coinone!
In preparation for our highly awaited CTSI Reserve Mining and staking on Mainnet launch, we’ve launched a brand new website that carries Cartesi’s brand refresh and critical information about our sidechain’s roadmap. Read more about the announcement here.
CTSI Reserve Mining and its PoS system aim at bootstrapping the network of Cartesi’s side-chain, Noether, a highly optimized data availability oracle for temporary storage and an important part of Cartesi’s scalability stack.
The final phase of Cartesi’s staking will be CTSI’s innovative staking auction system, which brings a number of benefits to staking such as users being able to pre-define their staking rewards and opportunity costs.
What is it about CTSI Reserve Mining that makes it special?
- Miners get a reward of 2,900 CTSI per block claimed. On average, each block is created every 30 minutes
- Users’ funds are safe while held on the staking contract, duly audited by SlowMist
- No slashing and no risks to the principal due to node malfunction or unavailability
- Rewards distributed directly to the user’s wallet, eliminating extra ETH transaction fees
Learn more: https://cartesi.io/mine
DApp Incubation Program Achievements
This was the first month of development for our DApp Incubation projects!
During this initial period, each team made significant progress towards integrating Cartesi and creating their DApps.
- Creol has managed to create a first port of the entire Cartesi framework to ARM devices (so that we can now run Cartesi Compute nodes on a Raspberry Pi!).
- The SimThunder project is helping design a Cartesi Compute-powered marketplace to securely trade access to private content data.
- Carti is implementing the first building blocks of a packaging system for Cartesi Machines, which will allow developers to reuse RISC-V cross-compiled resources and thus boost the productivity of Cartesi-powered DApps.
We will be continually providing updates for these projects and featuring the progress on their Cartesi DApps! We are looking forward to the final products. As a reminder, after the incubation program period is over, we will hold a round of quadratic funding via Gitcoin!
Ecosystem Building
In preparation for the CTSI Reserve Mining and staking Mainnet launch, the Cartesi team put an emphasis on growing it’s international communities and opening up 4 new additional regions:
New Listings
In addition, we also opened up a brand new pair on Uniswap, users of the decentralized exchange now swap via CTSI/USDT.
AMA Recaps
- As an initiative of growing our ecosystem presence and providing our community with additional information, we hosted an AMA with Atomic Wallet, a partner of Cartesi and CTSI.
- Colin Steil (COO of Cartesi) held an AMA with CryptoVN, a large vietnamese group focused on emerging projects and markets.
- Erick de Moura (CEO of Cartesi) also recently held an AMA with a Korean influencer, Hedgehog, you can read the recap here with insights into Cartesi’s new messaging and positioning.
- Colin Steil (COO) and Erick also held a recent AMA in the Binance Korean telegram group, answering all of the questions around CTSI Reserve Mining and upcoming CTSI staking launch.
Summary of Ecosystem Updates for November
- Launch of CTSI Reserve Mining Website and Pre-Staking on Coinone
- November Development Recap
- New Uniswap Pair: CTSI/USDT
- AMA with Atomic Wallet
- Colin’s AMA with CryptoVN Recap
- Erick’s AMA with Koreal KOL, Hedgehog
- Launch of 4 new Cartesi regional communities: Brazil, Japan, Philippines, and Spanish.
- Significant progress for our 3 DApp Incubation Program Participants
- PoS Mainnet auditing and installer preparation
- Progress on the Cartesi Explorer
- Multi-party support for Cartesi Compute nodes has been concluded. With that, off-chain computation with multiple validators is now possible.
- Concluded the specification of Cartesi Compute 2.0, which will implement optimistic roll-ups with interactive dispute resolution.
- Continued progress on a brand new game with one of our partners
Cartesi in The Media
- Cartesi was featured on Cointelegraph, highlighting the benefits of its upcoming Roll-ups solution for ETH 2.0.
- CTSI Reserve Mining is Coming and Pre-Staking on Coinone featured on NewsBTC
Community Created Content
- Virtual Bacon created a TikTok video on Cartesi and CTSI
- And a lot more pieces of content across social media. Thank you!
Honourable Tweet Mentions
As our community continues to expand, we highlight some of the most noteworthy pieces of content created for Cartesi on a monthly basis. If you want to be featured in next month’s update, then please contact Jina Kim, Digital Marketing Manager on Telegram.
Want to stay up to date? Make sure to join our announcements channel on Telegram:
Cartesi’s Ecosystem Links:
Website: https://cartesi.io
Twitter: https://twitter.com/cartesiproject
Telegram: https://t.me/cartesiproject
Telegram Announcements: https://t.me/CartesiAnnouncements
Discord (Development Community): https://discordapp.com/invite/Pt2NrnS
GitHub: https://github.com/cartesi
