Cartesi Launches Noether Sidechain with Staking Campaign
Linux-based smart contract network Cartesi has announced that it has begun bootstrapping its new sidechain, Noether. To bootstrap the sidechain, Cartesi is rolling out its staking system, allowing CTSI holders to lock their assets into the staking contract that exists on Ethereum.
In addition to reducing the complexity of smart contract creation and deployment, Cartesi will allow for the creation of lightweight smart contracts that require less gas and are thus more scalable. In addition to simplifying the process of staking, these exchanges expose their users to the rewards on offer by holding the tokens of new networks such as Cartesi.