CASPER BLOCKCHAIN DEVELOPMENT
Casper Blockchain Network: Proof of Stake | CSPR | CSPR Token | DAO
Casper Blockchain Network
The Casper Network is considered to be the first live proof-of-stake blockchain built off the Casper CBC specification. Casper is designed to accelerate enterprise and developer adoption of blockchain technology today and evolve to meet user needs in the future. It is a new Turing-complete smart-contract platform, backed by a Proof-of-Stake (PoS) consensus algorithm and WebAssembly (wasm). The network is a permissionless, decentralized, public blockchain. The consensus protocol is called Highway. This consensus protocol allows clients to use different confidence thresholds to convince themselves that a given block is finalized. Rust is the primary programming language for smart contracts on the Casper blockchain because of its good support for compilation to wasm. However, the platform does not make assumptions about the source language and supports libraries facilitating contract development in other programming languages having wasm as a compile target. Other essential features include an account permissions model that allows the recovery of lost keys and a permissions model to securely share state between accounts and contracts (without expensive cryptographic checks).