What is Casper?
Casper is a Blockchain using the Proof of Stake (proof of stake) consensus mechanism applied Casper CBC (Correct-by-Construction) technology, with the aim of helping businesses and developers access blockchain technology. easier.
Casper allows businesses to choose between a Public Network, a Permissioned Network, or a Private Network depending on their security preferences, without compromising security or performance. capacity. This has attracted many businesses and Web3 applications to develop partnerships with Casper.
Highlights of Casper
Casper solves the enterprise dilemma - which is the effective balance between decentralization, network security, and scalability - without sacrificing usability.
Unlike most other protocols, Casper provides the necessary tools for projects to centrally manage code on their own Blockchain if they wish. This means that new Contracts can be run and tested without the cost of the full Node infrastructure, allowing for simple process improvement and continuous operational fine-tuning.
Another interesting thing when it comes to energy consumption, with 400 active Nodes (as of June 2021), Casper is 47,000% and 136,000% more energy efficient than Ethereum and Bitcoin networks.
Here are some other Casper highlights:
- Casper Proof of Stake CBC: Casper is built upon the original Casper CBC specifications designed by Ethereum developers. With Finality and Flexibility features, Casper has security as well as block times that can be adjusted based on network conditions.
- Optimized for business: Businesses can choose to build apps that are private or need permission on the network.
- Scalability: Casper's Proof of Stake architecture enables sharding, a database scaling solution.
- More features: Upgradable contracts, predictable gas fees, and WebAssembly ensure Casper grows like businesses.
It seems that Casper is starting the process of building its ecosystem, when the project has officially partnered with Gitcoin to launch The Friendly Hackathon, which will take place from September 13 to October 13, 2021.