Casper (CSPR)

Last updated 13/12/2022

Official Website: https://casper.network/en-us/

What is Casper (CSPR)?

Casper, the first live proof-of-stake blockchain built off the Casper CBC specification, was launched on mainnet on March 30, 2021 with the vision to revolutionize the adoption of blockchain technology, smart contracts, and DApps on a global scale. Its innovative, future-proof architecture is designed to keep pace with the ever-evolving needs of its users and provide seamless access to developers of all backgrounds. As stated in the official whitepaper, Casper is tailored to cater to the requirements of both enterprise and individual developers. The mission of Casper is to usher in a new era for Web3 by overcoming the adoption trilemma, which is providing enterprise-grade security, scalability, and decentralization in a unified blockchain protocol.

Four major factors driving the development and adoption of Casper include:

Tokenization
Ownership Rights
Financial Standards
Creator Economy

Casper is the ultimate blockchain platform crafted by developers for developers, engineered to empower the blockchain community with its WASM code environment and open programming standards. It's a modular network, built for scalability and evolution, that offers unparalleled customization options to its users. As an open, permissionless proof-of-stake blockchain, Casper aims to break down barriers and provide seamless access to the decentralized world, designed for high-performance and global scalability, making it a perfect choice for any project that seeks to harness the power of blockchain technology.

Team

The Casper Network is made up of three key entities, namely the Casper Association, Casper Labs and the Developers DAO.

Casper Association

The Casper Association, a Swiss-based non-profit organization, acts as the network's overseer and is dedicated to fostering its organic growth and decentralization. The membership of the Association is made up of independent validators who operate nodes on the Casper Network.

Casper Labs

Casper Labs, a Swiss AG, began working on the Casper blockchain codebase in October 2018 and played a crucial role in the Casper Testnet throughout 2020 and 2021 leading up to the mainnet launch. The engineers at Casper Labs not only contribute new features to the Casper blockchain codebase, but also offer a full range of support and services to enterprise clients building on the Casper network through their enterprise consultancy business.

Developers DAO

The Developers DAO (DEVxDAO) is an autonomous and independent entity that manages the process of requesting proposals and distributing CSPR tokens (16% of total token supply over six years) to developers who aim to create new infrastructure for projects on the Casper Network.

Roadmap

Node 0.1: March 2019 (First node release including Casper Consensus implementation, block passing and an in-memory DAG
Node 0.5: June 0001 (Launch of the first DevNet and introduction of user account creation, stake unbonding periods, and private state access)
Node 0.6: August 2019 (Release including the introduction of Clarity, transaction fees, block commutativity, and account recovery)
Highway Consensus Whitepaper: October 2019 (CasperLabs released the whitepaper detailing the network's consensus algorithm, gossip deploys and additional slashing conditions)
AssemblyScript & Rust Contract SDK: February 2020 (CasperLabs released support for AssemblyScript and the Rust Contract SDK)
Node 0.12: March 2020 (Alpha Testnet launch, MVP Implementation of Highway)
Node 0.20: August 2020 (Beta Testnet launch, solidity support, contract headers and multiple key support)
Mainnet Launch: March 2021 (launch of the Casper Mainnet)
Mainnet v1.1.1: April 2021 (Security and network enhancements)
Mainnet v1.1.2: May 2021 (Bug fix patch)
Mainnet v1.2.0: May 2021 (Improved logging, adding ReST endpoint and audit feedback fixes)
Mainnet v1.2.1: July 2021 (Security updates)
Mainnet v1.3.2: August 2021 (Improved Networking and logging in consensus)
Mainnet v1.3.4: October 2021 (Check immediate caller in system contracts)
Mainnet v1.4.1: October 2021 (Removing experimental support for libp2p, separating Highway timers, new histogram metrics, smart contracting updates)
Mainnet v1.4.5: April 2022 (Security fixes, limiting delegator count per validator to 953, setting minimum delegation amount)
Mainnet v1.5: August 2022 (Planned upgrade, Fast Joining, speculative execution RPC endpoint, Redelegate call)
Mainnet v2: January 2023 (Planned upgrade, Account / Contract unification, new consensus protocol)

Where to Store Casper (CSPR)

Casper (CSPR) tokens can be securely stored using either CasperLabs Signer extension for Chrome or Brave browser or Ledger. CasperLabs Signer is an official wallet extension developed and maintained by CasperLabs team, which allows users to easily manage and store their CSPR tokens within the Chrome or Brave browser.

On the other hand, Ledger is a hardware wallet that provides an added layer of security by storing the tokens offline. It is a popular choice among cryptocurrency holders as it allows for the secure storage of multiple digital assets on the same device. Both CasperLabs Signer and Ledger provide safe and secure options for storing $CSPR tokens, allowing users to take full control of their assets.

Casper (CSPR) Resources

Website: https://casper.network/en-us

Block Explorer: https://cspr.live/

Github: https://github.com/casper-network

Twitter: https://twitter.com/Casper_Network

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.