CASPER Native token CSPR is now available on KUCOIN
And just got released on the COINSPOT exchange platform on the 1st of July 2022.
What is CASPER?
Casper is a new Proof-of-Stake (PoS) consensus mechanism and Turing-complete smart contract platform based on WebAssembly (Wasm). The system is a public, decentralized, permissionless blockchain.
Highway, the network’s consensus protocol, has several advantages over conventional Byzantine Fault Tolerant (BFT) consensus systems. First, Highway enables networks to reach greater finality levels, resulting in more blocks being completed and approval from validators to be added to the blockchain. Second, the protocol offers flexibility by expressing block finality in ways BFT models cannot. This method is based on the correct-by-construction (CBC) Casper research.
The Casper Network is additionally prepared for developer and enterprise usage. By utilizing blockchain technology and special features, including predictable network costs, upgradeable contracts, on-chain governance, privacy flexibility, and developer-friendly languages, the network aims to speed up corporate operations. Because of Casper’s main capabilities and advantages, businesses and developers can benefit from blockchain technology.
Casper also resolves the scaling problem. In particular, the network is built for decentralization, security, and quick throughput. This is accomplished while developing cutting-edge solutions for businesses and open-source projects.
How does Casper function?
Casper depends on a team of validators to validate transactions and maintain the network. It permits the geographical decentralization of validators, in contrast to Proof-of-Work networks that require centralized validators for economies of scale. Casper validators participate in the PoS consensus mechanism by validating transactions based on staked tokens and earning CSPR rewards. CSPR is the Casper Network’s native token.
The long-awaited Casper 2.0 version, which adds a number of scalability features to the ecosystem, will finally be supported by the Casper Network this year. Highway 3.0, DeFi tools, and contracts enabling staking and payment for the execution of smart contracts on the blockchain ecosystem will be included on the lists.
How to purchase CSPR?
Compare cryptocurrency exchanges
Purchasing Casper Network via a cryptocurrency exchange is the simplest option. You can select one with the qualities you want, such as affordable costs, convenience of use, or round-the-clock customer service.
Create a profile
You must confirm your email address and identity to register for an account on an exchange. A phone and some photo identification should be provided.
Set up a deposit
The moment you confirm your identity, you can deposit money using whichever payment option fits you the best. Bank transfers (sepa), credit cards, debit cards, and bank transfers are often accepted.
The best liquid pairs to buy CSPR are available on Kucoin and Huobi.
