Casper(CST)-Decentralized Platform to Keep Data Safe and Reliable
Have you known a Blockchain Platform to secure your data? This is about it. With so many global companies in the world, that is well proven in offering cloud storage services (Amazon, Google etc.), which are used both by individuals, and companies of various size. These companies are technological giants; they warrant a safe storage and accessibility everywhere, which ensures their services popularity. Therefore, we want to help our clients to keep data safely and reliably, release the commands that change the world or make it more convenient place. And that is why i am introducing the project, Casper to you. Casper is a protected and reliable utility for DApp based on Ethereum platform. It is the fastest way to ensure your DApp stores data, i.e., video, photo, audio, text, databases. It is implemented by joint effort of a variety of vendors, which provide their hard drives and internet-channels for storing and transferring your files. Casper is a file system utility for decentralized applications based on Ethereum, and other blockchain platforms supporting smart contracts. Casper uses blockchaintechnology, it operates with Ethereum, and also, a peer to peer technolgy application. Let us show you what is embedded in Casper and why you should consider it.
The blockchain technology is currently developed enough to allow creation on its basis of a technology service, competitive with classic services. Compared to the classics, such service offered by one vendor will be considerably more resistant to malfunctions and less exposed to attacks by third parties, because it would be impossible to control the significant numbers of distributed service participants. Smart contracts are accounts holding objects on the ethereumblockchain. they contain code functions and can interact with other contracts, make decisions, store data, and send Ether to others, but the execution, and provided by the ethereum network itself. they will exist and be executed as long as the whole network exists, and will only disappear if they are programmed to self-destruct.
Casper operation with Ethereum
It generates transactions for Ethereum using official client requires downloading of the entire blockchain, which occupies over 200Gb. Web services that enable to operate with Ethereum web wallets maintain a common log copy, and update it constantly for all wallets. Casper when launching service will download Ethereumblockchain log to the service on first vendors’ machines. Self-regulation logic of peer-to-peer network will be written with permanent updating of blockchain. Ethereumblockchain log will be stored according to hosting regulations in Casper, and number of it exact copies will change dynamically depending on number of requests.
Some Features of Casper include
- Encoding of stored files
- High file upload/download rate thanks to peer-to-peer technology
- Shared file access
- Feasible data storage pricing
Casper peer-to-peer network
This is built as self-regulated one, and it is sufficiently independent on smart-contract. 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.
CST may be purchased, exchanged, sold, leased or rented freely. Token holder may login in the system as a vendor. Vendor shall be enabled to become a system participant by placing its own capacities in Casper network. In this case each 1 CST will enable vendor placing storage device capacities in the network to 265 Gb. Vendor shall be accrued by a reward in CST for placing storage capacities in Casper network, and meeting engineer requirements related to availability time and connection rate (estimation formula will be presented later). Vendor, as any other CST owner, may dispose freely tokens received.
DApp with Casper API interaction
Casper is being created for your DApp to store information from your users more efficiently and reliably. Customer’s DApp may interact with DApp’s smart-contract, with Casper smart-contract or with peer-to-peer Casper API. In addition, DApp’s smart-contract may interact with Casper’s smart-contract. Web application will be the most general-purpose application for DApp.
Now Its ICO Time
Casper issues its own monetary unit – Casper token or CST, which is used for payment settlements within the service on all blockchain platforms and to purchase franchise by service vendors. After being issued at ICO the tokens will be freely traded at exchange. CST token will be issued within the limits of preICO as separate smart contract, not according to ERC20 standard. Issued tokens will not be traded at exchange. After completion, ICO tokens purchased on preICO will be converted in CST tokens of working smart contracts. CST token will be issued within the limits of ICO as separate smart contract according to ERC20 standard. Tokens issued at ICO will be traded at exchange. It will be possible to convert tokens purchased in the process of preICO in tokens of smart contract for ICO using exchange() method of smart contract. After completion of ICO it will be possible to covert tokens purchased in ICO process in CST tokens of working smart contract.Developers managed to create a completely decentralized the repository, operating under the management of a smart contract. Casper pairs the P2P blockchain platform with a storage unit network, which stipulates HDD file storage service to users, while storageunits guarantee the network is functioning appropriately. Casper may be used by services that are more standard as well. At this level, Casper will begin modeling a competition for captain cloud services, such as Amazon.
- At Pre-ICO phase it is planned to sell tokens at a discount. 1CST = $0.8. Total amount of funds: $1 040 000. Sales will be implemented via Ethereum smart-contract as per USD/ETH updated rate as of the day Pre-ICO is launched.
- The sum planned to be raised via token sales is: $31 800 000. Fund raising minimum threshold is: $4 800 000.
- Token sales will be implemented via Ethereum smart-contract as per USD/ETH updated rate as of the day Pre-ICO is launched.
Casper can provide users, a decentralized, secure, and powerful data storage service, and provide users with a variety of benefits and conveniences that can enhance their experience in developing and building DApps. Casper API is attractive because. We don’t build a cloud storage, but we help DApp on any blockchain platform with smart- contract to resolve task of data storage, and quicken development of blockchain project industry. Furthermore, our utilities will result in reducing storage prices at vendors.
Official Links for More Details
Official Web: http://www.casperproject.io/
Bitcointalk account link-https://bitcointalk.org/index.php?action=profile;u=1305541