Mar 31
Cartesi System Review and SVET Rating
We all have hoped that the world’s information freeway, which had been created and mastered by a new, inspired generation of scientists, engineers and entrepreneurs will lower barriers dividing our humanity and make the earth a better place to live.
However, it turns out that there are too many ‘ruling’ elders of the preceding generation, which had chosen to stay uneducated and uninformed. They do not have time left to learn and to adapt. They are too busy doing wars on us.
Meanwhile, scientists, engineers and entrepreneurs continue to do science, to engineer and to architect hoping that one day it will make a difference and smart algorithms will replace bloodthirsty elders, at last.
Check out what one of the SVET Authors — Same — writes in his Cartesi System Review and SVET Rating (edited):
Quote:
Cartesi SVET System (Security — Velocity — Engineering — Transparency) Review and Rating.
SECURITY:
Cartesi is a layer-2 platform designed to develop and to deploy scalable d-apps. Cartesi promotes itself as the ‘Blockchain OS’.
According to Cartesi’s ads it allows for off-chain, centralized Linux computations on all programming languages. The stated Cartesi’s vision is to facilitate d-apps development process by increasing its ease and efficiency. There have not been reported hacks of Cartesi protocol in media. It has been audited twice — by CertiK and by SlowMist. Both of those auditors had not identified critical flaws in the Cartesi code. On top of that, users tend to rate its safety high.
Cartesi SVET Security Rating is c.
VELOCITY:
Alongside with the above-mentioned goal of boosting a dev-process, increasing a code scalability is yet an another important objective outlined in Cartezi’s promotional papers. Cartesi is aimed to be ‘blockchain-agnostic’. It claims to support all EVM chains, including Ethereum, Avalanche, Polygon and BSC.
Cartesi’s approach to solving the scalability issue is to use optimistic roll-ups. Allegedly, it allows to 10,000x Cartesi platform’s throughput (with zero fees).
Additionally, Cartesi claims to not only beat world’s blockchain throughput record but also to provide an almost absolute security guarantees to its users.
One of the Cartesi Server usage examples is the Creepts — a decentralized tower defense tournament game, which is implemented on top of the Cartezi protocol.
There is no information available on the exact number of Cartesi live nodes, though.
Cartesi SVET Velocity rating: c
ENGINEERING:
The state-full, single-hash Cartesi Machine includes the emulator’s API (C++, Lua, gRPC, and the command-line interface) as well as the RISC-V and the Linux Operating System.
As it has been mentioned above the Cartesi Machine uses the Optimistic Rollups framework. It allows to delegate resource-intensive computations to the off-chain part of a network, eliminating the need to run multiple paralleling processes on all nodes.
Another notable advantage of the Cartesi Machine is its enabling of smart contracts and DApps developments using Linux packages and libraries.
Cartesi SVET Engineering rating: a
TRANSPARENCY:
CTSI is the Cartesi’s Proof of Stake native token. At the moment of this review writing, the number of its holders is reaching to more than 16 thousands holders .
However, with ten (10) addresses containing 68% of all circulated tokens and 98% of all tokens in circulation concentrating on only hundred (100) accounts, Cartesi’s degree of decentralization is less than sufficient.
Cartesi SVET Transparency rating: c+
Cartesi SVET System (Security — Velocity — Engineering — Transparency) Rating: c /c /a/c+
References:
- Website: https://cartesi.io/
2. Whitepaper: https://cartesi.io/docs/new-to-cartesi/overview
3. Binance Research: https://research.binance.com/en/projects/cartesi
4. CoinMarketCap: https://coinmarketcap.com/currencies/cartesi/ratings/
5. Certik Audit: https://www.certik.com/projects/cartesi
6. Cartesi Rollups on Medium: https://medium.com/cartesi/cartesi-rollups-rollout-testnet-40c90d10c2f1
7. SlowMist Audit: https://www.slowmist.com/en/security-audit-certificate.html?id=a7e4b7347133688ed2ebfca35d98ee290c13d61d6f0aec7daab901897ae802b2
EQ:
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