A Blockchain is a diary that is almost impossible to forge. Blockchains can be used for a wide variety of applications, such as tracking ownership or the provenance of documents, digital assets, physical assets or voting rights. What makes a blockchain system special is that it doesn’t run on just one computer like a regular database. Rather, many distributed processing nodes collaborate to run it. There can be a full copy of the database on every node, and the system encourages all those nodes to establish a consensus about its contents. Blockchains give us new opportunities to rethink how parts of our society work. Innovation here might reduce friction in the economy, or create new kinds of services and ways of doing business with each other.
The existing blockchain-based data storage solutions are extremely expensive and cumbersome. Traditional ones are not fit for the new, decentralized market segment. The amount of data that is produced in today’s date right from personal, social to commercial information there is a dire need to create a device that securely stores the information. DApps are facing the need to organize decentralized data storage in a profitable, secure and innovative way. To accomplish that DApps need a decentralized infrastructure. asper is a file system utility for decentralized applications based on Ethereum, and other blockchain platforms supporting smart contracts. The blockchain platform is based on a P2P network, participants of which provide resources to perform transactions and calculation. Casper complements the P2P blockchain platform with a storage unit network, which provides HDD file storage service to users, while storage units ensure the network is functioning properly .Casper is a protected and reliable utility for DApp based on Ethereum platform. Ethereum platform was selected to create a Casper Service prototype. It is the fastest way to ensure DApp stores data, video, photo, audio, text and databases. It is implemented by joint effort of a variety of vendors, which provide their hard drives and internet-channels for storing and transferring files. Casper is a file system utility for decentralized applications based on Ethereum, and other Blockchain platforms supporting smart contracts. The Blockchain platform is based on a P2P network, participants of which provide resources to perform transactions and calculation. Casper complements the P2P Blockchain platform with a storage unit network, which provides HDD file storage service to users, while storage units ensure the network is functioning properly. The Casper API offers a different approach to storing information. This project provides full transparency of all transactions, secure storage, favorable financial conditions. At the same time, all the usual functions of cloud services are preserved. Casper protocol assigns as great portion of messages as possible to communication via the network beyond blockchain and smart-contract. A reliable cloud service shall log all the operations performed.
Casper allows users to load random files into cloud services and later access them from any device. Casper basic functions is encoding files saved, upload files / high-level thanks to technology, peer-to-peer shared files an access data storage reasonable price. This is built as self-regulated one, and it is sufficiently independent on smart-contract. The biggest benefit of Casper is that it offers all features at a very feasible data storing fees. Casper makes sure to take care of the confidentiality. Network participants shall validate operation of each other, users of storage service may contact to vendors free from smart-contract participation to perform the most operations. Smart-contract code shall coordinate operation of any network participant, and receive notices on any operation significant for billing.
Casper token (CST) is used in every transaction within our project on any blockchain platform as well as by providers when they acquire a franchise. The price of a CST token is backed by the profitability of services rendered by the provider for the storage volume registered for 1 CST as well as by CST token turnover. During the ICO, a limited amount of tokens is issued. Pre-ICO phase it is planned to sell tokens at a discount, 1CST = $0.8. Sales will be implemented via Ethereum smart-contract as per USD/ETH updated rate as of the day Pre-ICO is launched. Total amount of funds is $1,040,000. The following is complete information about ICO, or you can see it in whitepaper.
To follow ICO, you must follow the following requirements :
● The ICO is conducted on the Ethereum platform through a smart contract
● CST token emission or mining is impossible after the end of the ICO
● If we fail to reach the soft cap during the ICO, the raised funds will be returned to investors. Please note that the funds raised during the Pre-ICO are non-refundable.
ICO Casper also has a pretty good rating on some ICO assessors.
More information you can find the links below :
Website : http://www.casperproject.io
Telegram : https://t.me/CasperProjectENG
Whitepapper : http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf
Author : thefuturecurrency
BTT Profile Link : https://bitcointalk.org/index.php?action=profile;u=1797473;sa=summary