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Cartesi Noether’s Staking Delegation Is Now Live on Mainnet

Cartesi Noether’s Staking News
  • Cartesi announced that its Noether’s Staking Delegation is live on mainnet.
  • Cartesi’s staking delegation being live on mainnnet is great news for CTSI holders.

The layer-2 solution and the off-chain decentralized computation platform, Cartesi announced that its Noether’s Staking Delegation is now available on their mainnet. By using optimistic roll-ups, virtual machines, and side-chains, Cartesi aims to solve blockchain scalability and high fees and revolutionize the way developers create blockchain apps.

According to Cartesi, the launch was carefully planned to ensure that its token — CTSI holders would be exposed to a minimum amount of risk throughout three test phases, including the last beta phase on mainnet.

In addition, the team notes that they worked with Everstake, Blockscope, and HashQuark. These three partners are the ones who created and managed pools, each limited to a maximum of 3.6 million CTSI coins during the beta phase on Mainnet.

Cartesi CEO Erick de Moura, also expressed himself about Cartesi and its community. He says,

This is a fundamental turning point where Cartesi starts to become a more collective construction. Our community’s participation matters and makes us all stronger, from the CIP discussion about the fee structure, to the constant support and feedback from CTSI holders and node runners. We are thrilled to release Delegated Staking for everyone.

As Cartesi Staking Delegation is now live, the firm asserts that any individual or organization can create and manage staking pools without any limit or cap imposed safely and trustfully. Adding to this, the Cartesi Foundation will also help all new pools entering the system by ensuring fair block production and delegating its tokens until the pools are competitive.

Moreover, the team emphasized that the Cartesi’s staking delegation being live on mainnet is great news for CTSI coin holders, who can hold on to the project token, but also back and help create a secure foundation for Noether.  Note that Noether is Cartesi’s side-chain that is optimized for temporary data, offering low-cost data availability to decentralized apps (DApps).

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Roland Guirdonan can be found writing, developing, and designing all sorts of content. Aside from his fascination with content creation, he is also passionate about blockchain and cryptocurrency developments.