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Casper Network is a future-proof Layer 1 proof of stake (PoS) public blockchain that is optimized for developers, enterprises and consumers.

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Web3 is calling, and the world and its enterprises are listening. Indeed, blockchain and cryptocurrencies have come a long way since 

However, despite blockchain’s disruptive and dynamic nature, we have yet to see an influx of enterprises and developers tap into the immense power of its technology.

What is Casper crypto? Could its future-proof, enterprise-grade protocol help scale blockchain?

Casper Network is a dev-friendly, enterprise-focused 

(PoS) public blockchain that provides a solid infrastructure for building sustainable blockchain-based products quickly, efficiently and securely.

 PoS protocol provides optimized solutions for businesses and developers to help them leverage blockchain technology for scaling their operations at a low cost.

’ Medha Parlikar and Mrinal Manohar, Casper launched its mainnet in March 2021, alongside Casper Association, its nonprofit organization aimed at managing the decentralization and evolution of its network. Casper Network markets itself as the evolved version of Ethereum, which only 

 that’s hindered wide-scale adoption of the technology, as it allows for sharding and further decentralization of validators in terms of geographical location. By building on Casper, developers have access to features such as upgradeable 

 and low gas fees. In this way, they don’t need to make trade-offs between security, scalability and full decentralization as they build.

Powered by its native token, CSPR, Casper’s robust ecosystem is filled with multiple enterprises and projects across the web3 space, building products in CeFi, DeFi, gaming and NFTs, among others.

As a highly scalable network, Casper is optimized with relevant blockchain-based features to help developers and enterprises grow in a truly permissionless way. Let’s look at the notable features of the Casper network as it helps shape the future of blockchain.

At the core of Casper’s architecture is its 

 (CBC) specification to create an energy-efficient and flexible consensus protocol. 

Unlike classic consensus protocols such as Byzantine fault tolerance (BFT), Highway provides an improved version of block validation. Networks on Highway can reach higher thresholds of finality in a non-binary way, which allows more blocks to be finalized. Additionally, Highway provides flexibility to configure security thresholds for participating nodes, even slower ones.

 report by CasperLabs, Casper’s network operating 400 nodes is 47,000% more energy-efficient than Ethereum, and a remarkable 136,000% more energy-efficient as compared to Bitcoin. These findings are shown in the table below:

Casper is a future-proof blockchain that enables smart contract upgradeability, which has given the network a competitive edge over other enterprise blockchains. Casper uses a package management model for smart contracts, which allows direct upgrading of contracts that have been deployed on-chain.

Such a model eliminates the need for migration processes that can be costly and complex. Additionally, it ensures that developers can quickly add new features, or address any vulnerabilities, such as fixing bugs, by providing a new smart contract version.

Previously, developers couldn’t edit a smart contract once deployed. Such contract upgrade features on Casper ensure that enterprises can build resilient products that adapt to shifting business needs and consumer trends.

Casper Network is a haven for developers. The network is keen on making life easy for developers who build on its friendly infrastructure. Casper supports 

 (Wasm), which eliminates dependence on proprietary languages such as Solidity.

Moreover, CasperLabs has developed a Solidity 

 that automates the conversion of Solidity-based 

 into Rust, a safe and highly performing programming language.

By creating a developer-friendly building environment, Casper helps drive enterprise blockchain adoption through simplified migration into the network.

As an enterprise-focused blockchain, Casper Network gives enterprises the freedom to choose between public, permissioned and private networks without affecting the security or performance of the blockchain.

Casper’s advanced PoS mechanism plays a major role in ensuring relatively stable fees on the network. With its Highway Protocol, there’s less congestion on the network as it ensures block validation validity, enabling a low gas fee structure that’s transparent and consistent. 

As a PoS network, Casper depends on validators to verify transactions and ensure the security of the platform through a network of nodes operating from decentralized geographical locations.

Using the CBC Casper consensus protocol algorithm, participating nodes can reach a consensus by generating and wiring messages regarding a newly created block.

To become a validator on the network, you’ll need to 

 CSPR tokens, which helps you earn rewards for participating in the block validation.

Often, there’s confusion once you mention Casper, because some relate it to Ethereum. 

Indeed, this confusion is mired in controversy. Casper’s Highway Protocol was rooted in Casper’s CBC specification, which was built by Vlad Zamfir, an Ethereum developer, who joined CasperLabs as their lead architect in March 2019. Zamfir left shortly after, in October 2019, with claims that the company had not funded his Casper blockchain research. He eventually 

 for using the “Casper” name in their marketing in a way that misled potential investors. 

 protocol, which is a hybrid of PoW and PoS consensus mechanisms. CasperLabs claims that when Ethereum 2.0 upgrades to Ethereum 3.0, its protocol will operate similarly to Casper’s CBC specification. As such, the CasperLabs team often refer to their work as the ‘’final evolution of Ethereum.’’

Comparison between Casper Mainnet and Eth 2.0/3.0.  Source: CasperLabs

 native token for the Casper Network. It plays the following critical roles in the Casper ecosystem:

At genesis, 10 billion CSPR were created. However, CSPR has an inflationary supply rate of about 8% each year. Its inflationary tokenomics encourage staking of CSPR tokens to secure the network, and also to support actual economic activity on it.

The genesis distribution of CSPR is as shown below:

As an L1 project, Casper has built a niche targeting the enterprise world to drive blockchain adoption. By providing developers with building-friendly features, the network hopes to facilitate the launch of scalable, sustainable blockchain products such as DApps, decentralized launchpads, wallets and many others.

Additionally, the platform hopes to launch Casper 2.0 in Q1 2023, featuring the 

, the successor to Casper’s powerful Highway Protocol.

CSPR’s price hasn’t gained much traction since its mainnet launch in March 2021. After a successful public sale at an ICO price of $0.03, CSPR hit its highest price to date of $1.33 on May 12, 2021.

In the following months, Casper’s price dipped sharply to hit a low of $0.065 at the beginning of August 2021. From then, CSPR has been trading sideways within the range of $0.03 to $0.18.

Technical analysts seem to have sluggish price predictions for CSPR tokens. Experts at Wallet Investor believe that CSPR’s price will continue to slump for the next few years and fall to a low of around 

believe that CSPR won’t pump hard in the short term but might reach above 10 cents in 2025, though remaining under $1 even till 2031. Similarly, 

 shows slow growth for CSPR, also just crossing the 10-cent mark in 2025, but unlike DigitalCoinPrice, Price Prediction expects CSPR to reach $1 in 2030.

Currently, with Casper 2.0 coming soon, there could be some volatility with the CSPR token in the short term. That said, always do your own research before investing in a token.

The blockchain landscape is always evolving — and Casper blockchain aims to create a network that will evolve with the technology. Its dev-friendly features, energy-efficient model and predictable gas fees are a good combination to attract enterprises, developers and blockchain enthusiasts.

The future-proof Casper blockchain anticipates launching Casper 2.0. Its current architecture is supporting a thriving ecosystem that facilitates enterprise adoption, as well as builders looking to leverage blockchain technology for scaling business operations.

What Is Casper (CSPR): A Sustainable Blockchain Future for All

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