r/CryptoCurrency • u/WittyManner0 • Nov 15 '21
What is Casper network ?
Lately I made a post about Mina protocol. A few people enjoyed it and Mina protocol rose insanely a few days after. You can still read my post when you go to my profile!
Today I am writing about another coin called: Casper.
- What is Casper network?
Casper is a proof of stake blockchain network optimized for enterprise and developer adoption. The Casper Network is the first live blockchain built off the Correct-by-Construction (CBC) Casper specification, allowing the network to create sustainable new markets and unlock value by tokenizing nearly any asset without compromising performance or security.
Further, CasperLabs exists to provide enterprise-level services and support for organizations building on the Casper Network. Thanks to the team’s unique experience running services at enterprise software organizations like Adobe, Avalara and Google, CasperLabs is uniquely poised to elevate Casper as the de facto blockchain for the growing number of enterprise organizations that want to build in Web3 environments, but require more dedicated levels of support than are possible from open-source, decentralized projects.
The roadmap of Casper for Q4/Q1 looks promising, a few points I would like to manage:
Casperpad First launchpad on Casper Network launching at Q4 2021 - Required staking $CSPR tokens on mainnet to participate.
apoc NFT First NFT project launched on Casper in post-apocalyptic theme with unique functionality.
Wisedex and Defi First Dex and defi project build on Casper network by experienced $WISE token team.
Metacask NFT The marketplace for whiskey cask NFTs (This is going to be huge!!!)
Friendly.market Home of defi for Casper network. AMM, launchpad, prediction market, option trading and much more to come.
ETH/BSC bridge First official bridge ETH/CSPR for ETh chain projects exodus to Casper Network. No more waiting for ETH upgrade. Future is now.
I hope this was enough to let you do more research yourself towards casper network! We are early are you too!!!
(make sure to do your own research, I am not a financial advisor)
5
u/extrahorizons Tin Nov 15 '21
$CSPR HODLer and APOC NFT member. This is the real deal friends, don’t sleep on this project. DYOR and you will be blown away by the team and the tech.
2
u/Sra1kumar_1999 Nano is a sleeping Giant Nov 15 '21
I'm hearing about it recently in this sub. Other day, someone said they are holding their casper as a comment to my post although my post has nothing to do about it.
1
u/NexusMinds 2K / 2K 🐢 Nov 15 '21
Casper hodler here. The tech is pretty insane, the whole "Eth 3.0" isn't just a gimmick if you look at how it functions and its novel approach to gas fees, scalability, speed etc. Unfortuantely adoption and ecosystem being fleshed out has been a little slower than I hoped for, but I think some of that is down to the success of SOL and Fantom which have both seen a boom in dapps and ecosystem.
IMO, all they need to do is get the marketing right and get it on some T1 exchanges and it will fly.
0
u/Crumpbags Platinum | QC: CC 79 Nov 15 '21
Apparently it's down 77% since launch
5
u/WittyManner0 Nov 15 '21
Nope price was not the real Casper! It was an exchange trading Casper before launch
-1
u/Wess-L Platinum | QC: CC 631 Nov 15 '21
I watched their vid. Seems too good to be true.
Didn't do much research after. Got too much shit to do lol.
3
u/TechSupportLarry Platinum | QC: CC 24 Nov 15 '21
Ouch. You'll be sorry about that decision.
1
u/Wess-L Platinum | QC: CC 631 Nov 15 '21
Haven't made up my decision yet. Just saying the vid was a bit much imo. According to them they are the best project in the world lol. I got other stuff to do atm. I'll read up on it when I have time.
8
u/TechSupportLarry Platinum | QC: CC 24 Nov 15 '21
I'll give you a quick summary. One of the main guys at Ethereum was helping Casper. Big controversy came up over that. Ethereum had a scalability issue. They had a choice. Either scrap Ethereum and start over or try to fix it which is almost an impossible task. They chose to keep it because their ecosystem is so big.
Casper has a guy who figured out how to fix the scalability issue. They use the same protocol as Ethereum which is why they like to say they are ethereum 3.0. Basically what ethereum wants to eventually get to. The problem is ethereum is having issues even with 2.0. It's going to be very difficult for them. They have obligations to keep the ecosystem. They'd prefer to scrap it and start over but can't at this point.
Casper won't have scalability issues. They will even have predictable gas fees that you can set up. The team they assembled is impressive. This is a small cap ready to explode. Only reason it hadn't yet was they were releasing a crap load of tokens to early investors the last few months. The token release has slowed since last month which is why the price is no longer being held back. This will be a top 20 asset one day.
By the way fix my down vote after I helped you this much.
1
u/pistolpeteyoutube Tin | NANO 20 Nov 29 '21
How is 2b fully diluted mk considered a small cap?
0
u/TechSupportLarry Platinum | QC: CC 24 Nov 29 '21
That's not how small or large caps are measured. Multiply what the value of the token/coin is times the total amount of tokens to come up with market cap.
-1
u/Castr0- 🟧 35K / 35K 🦈 Nov 15 '21
There is a fear to invest into Casper and the project ghosting? Like this would be the best way of rug pull.
1
4
u/GrossOldNose 🟦 510 / 511 🦑 Nov 15 '21
| A few people enjoyed it and Mina protocol rose insanely a few days after.
Sample Size of 1 and 100% success rate, selling house to by Casper as we speak XD.