What is Casper?
Casper is seeking to take advantage of the increase in both cloud storage as well as decentralized apps that are going to make the process of storing and retrieving data substantially easier than before. However, the company claims that the cost of these apps remains far too high for most people while there are also numerous concerns regarding the potential safety of the cloud storage options as people try to cut corners.
The company claims that their decentralized blockchain option is going to remove those problem areas, so you can see why it would then become an attractive option for so many people if this does indeed turn out to be true.
What they are offering is a distributed data storage option that runs on the blockchain but you should note that they are not going to build the cloud and are merely focusing on the Dapp aspect and helping it to effectively do what it is designed to do. If they can achieve this, then it is going to turn out to be a pretty cool service.
The Technical Aspect of Casper
Created on the Ethereum platform, the new project is going to take advantage of the various security and stability features that automatically come their way thanks to using that as the core for their API. They state that their platform will allow anybody that has a Dapp on any blockchain with any kind of Smart Contract to then effectively store their data.
It is for this reason that the project should be seen as offering an infrastructure to developers and those that need to store data of various kinds and as it is a distributed source of data storage, then it results in them offering a decentralized approach which is always seen as being far superior to other concepts. After all, if it is decentralized then there is no one single point of entry that can become the source of DDoS attacks and put the entire storage at risk.
Their decentralized application then works by getting free space via Smart Contracts for the data to be stored. The Smart Contract then sends the user an address that is available but the API then becomes rather clever by copying the info on three different occasions so it is then stored in four places. This information can also be encrypted if you so desire.
For such blockchain services of public use, it is necessary to adhere to the following criteria:
- Development should be programmed to the smart contract.
- Transactions must be fast enough.
- In order for competitors to be left behind, the service must provide for the possibility of a huge number of transactions per second.
- The entire internal blockchain of the service is obliged to undergo a thorough audit and check for the absence of various malicious vulnerabilities.
And all these moments are present just in the Casper platform!
The whole development meets all the principles of blockchain technology, namely automatic response to requests of participants and the absence of a single point for decision-making. This kind of independent ecosystem will allow you to use Casper for DApp with great pleasure.
The first path will pass. Casper has significantly increased its audience and is aimed at the second stage - the development of decentralized applications. Inside the application, you can create a unique graphic with complex design content, which in turn can also be stored in Casper.
Let's look at the following features of the ecosystem:
- Ability to encrypt saved files
- We have the highest speed for downloading and uploading files due to p2p technology
- Joint access to the file
- Loyal tariffs for payment for data storage
Token info
Token CST
Platform Ethereum
Type ERC20
PreICO price 1 CST = 0.08 USD
Price in ICO 1 CST = 0.16 USD
Tokens for sale158,964,924
Investment info
Accepting ETH, BTC
Distributed in ICO 36%
Soft cap 5 500 000 USD
Hard cap 20,007,791 USD
Raised $1,040,000
Roadmap
2011
Legion Digital founded
May 2017
Idea of Casper first appears
December 2017
Pre-ICO
January 2018
Development of Casper prototype
February 2018
MVP
April 2018
First Dapps join the system
November 2018
Launch of the alpha version of Casper API
February 2019
Launch of the beta version of Casper API
May 2019
Release
early 2019
Global hookup of suppliers
July 2018
ICO held.
Team
Advisors
More information about the platform can be found here..
Official Web: http://www.casperproject.io/
Whitepaper : http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf
Telegram: https://t.me/CasperProjectENG
Facebook- https://www.facebook.com/CasperAPI/
Twitter: https://twitter.com/CasperAPI
Forum Username : olitaptapan
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566451
wallet address 0x4832C1D8352841b26577695dEc7B741187D5d1fA