Casper Network (CSPR) - The future of blockchain: PoS enterprise blockchain based on Casper CBC

3 min read


Casper Network (CSPR) was launched on HotsCoin on January 29. Casper Network is the first real-time PoS blockchain based on the Casper CBC specification, aiming to accelerate the adoption of blockchain technology by enterprises and developers. The network is committed to meeting future user needs and taking its place in the cryptocurrency market. CSPR is currently open for trading on HotsCoin.

Token information
Circulation: 11,744,661,048 CSPR
Total supply: 12,339,854,764 CSPR
Circulation market value: $406,389,068.605
Fully diluted market cap: $426,983,977.13

key events
2021-03-31: Casper mainnet launched
2021-03-26: Completed US$12 million in public financing round
2020-10-21: Completed private placement round of US$14 million
2019-09-11: Completed US$14.5 million in Series A financing

generalize
Casper Network is a proof-of-stake (PoS) enterprise blockchain that provides enterprises with the convenience of building blockchain products and services. Its upgradable smart contracts, developer-friendly features, and low transaction costs make it stand out in the Layer-1 blockchain space. The adoption of a PoS consensus protocol called Casper CBC is considered part of the evolution of the Ethereum network and is sometimes referred to as the "final evolution" of Ethereum.

content
Casper Network’s Enterprise Products
Casper Network is a first-layer PoS blockchain that provides enterprises with support for building blockchain products and services. Its features include upgradable smart contracts, developer-friendly features, lower transaction costs, and weighted keys, providing the possibility for enterprises to build flexible and scalable blockchain-based products and services.

Casper Network’s CSPR token
CSPR is the native cryptocurrency of the Casper ecosystem and is used to reward validators. Its initial supply was completed through CoinList’s initial public token sale and is now traded on multiple cryptocurrency exchanges. The initial supply of CSPR tokens is 800 million, with the total supply following a slightly inflationary issuance schedule.

Casper CBC and Casper FFG
Casper Network uses the Casper CBC consensus mechanism, which is different from Ethereum's Casper implementation. Ethereum is transitioning to Ethereum 2.0, involving the Casper FFG hybrid PoW/PoS protocol. Casper Network is considered the future evolution of Ethereum, adopting the improved Casper CBC specification.

Real-world applications of Casper blockchain
CasperLabs, composed of former executives from Microsoft, Google, Adobe and other companies, is the promoter of Casper Network. The project has established impressive partnerships and is committed to promoting the global adoption of Web 3.0. More and more developers are choosing to build products on Casper, including NFTs, gaming projects, DeFi infrastructure and KYC solution providers.

in conclusion
Casper Network provides enterprises and developers with a powerful blockchain platform through its advanced technology and innovative features. As one of the leaders of PoS blockchains, it excels in terms of upgradability, developer ecosystem, and transaction costs. In the future, Casper Network is expected to continue to play an important role in the blockchain industry, providing sustainable blockchain solutions to global enterprises and developers.

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