How to buy/sell CTSI (Cartesi) on Huobi Cryptocurrency exchange?

CTSI (Cartesi)

Cartesi is to build a general-purpose operating system for decentralized applications, providing off-chain computing services in the Linux environment without affecting security and decentralization.

How to buy CTSI (Cartesi) on Huobi?

Follow the easy 4 steps below to buy CTSI (Cartesi) on Huobi.

1. Register a Huobi Global account
   Provide an email address, create a username, and choose a secure password.
2. Verify your account
   After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
3. Deposit in fiat currency or cryptocurrency
   To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
4. Start buying Bitcoin on Huobi
   Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and CTSI (Cartesi) derivatives trading.

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What is CTSI (Cartesi)?

Cartesi is a decentralized application operating system that provides off-chain computing services in the Linux environment without affecting security and decentralization.

Cartesi hopes to build a platform that is more powerful, easy to develop, economical and universal, to provide developers with familiar and easy-to-use development tools, and to bring a better user experience to the public.

What problem does Cartesi solve?

1. Provide developers with software and tools supported by the Linux operating system;
2. Get rid of a large amount of data calculation that the blockchain cannot complete;
3. Cartesi’s token economy allows users to safely rely on the network, and solves the deficiencies of blockchain technology (such as slow confirmation time, the need to stay online to resolve disputes, etc.).

DApp users can reach an off-chain consensus in the Cartesi network.

If there is a fraudulent party, Cartesi network participants will arbitrate on the chain to identify and punish dishonest participants.

The impact of this verification process on the main chain is negligible.

In addition, Cartesi does not necessarily require all participants of the DApp to be online at the same time like other two-tier solutions.

Therefore, the decentralization of the Cartesi platform is user-friendly.

Token usage scenarios and economic models

CTSI is the native functional token of the Cartesi network. The scenarios are divided into the following categories:

1. Equity: The verification node is required to pledge a certain amount of CTSI. Malicious attackers may be punished financially;
2. Community voting: The community pledges CTSI to vote for nodes, which will increase the probability of nodes receiving rewards;
3. Rewards: Block producers who add information to the ledger will receive CTSI block rewards and handling fees;
4. Handling fee: When a user initiates a transaction on the Cartesi network, he needs to pay the transaction CTSI as a handling fee to the verification node;
5. Challenge calculation: When DApp participants have disputes with each other, the challenger needs to deposit mortgage assets to initiate a lawsuit. If the challenged party wants to defend itself, it also needs to deposit mortgage assets of the same value. The winning party will get the mortgaged assets of the other party.

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