Casper Association Announces 425M CSPR Secure Transfer and Launch of Casper 2.0

Tuesday, 26 November 2024, 14:01

Casper Association announces the secure transfer of 425M CSPR, a significant milestone that coincides with the feature-complete release of Casper 2.0. This new version introduces pivotal enhancements to boost blockchain functionality and performance for diverse applications. The Casper Network is set to revolutionize the landscape with its innovative features tailored for developers and enterprises alike.
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Casper Association Announces 425M CSPR Secure Transfer and Launch of Casper 2.0

Transfer of 425M CSPR Secured by Casper Association

The Casper Association has successfully announced the transfer of 425M CSPR from Prove AI AG, marking a pivotal moment in the enhancement of the Casper Network. This transfer is positioned as a significant investment, setting the stage for the evolution of blockchain technology through the latest developments.

Unveiling Casper 2.0

With great anticipation, the core engineering team released the Casper 2.0 platform, previously referred to as “Condor.” This version introduces numerous ground-breaking features aimed at redefining blockchain capabilities:

  • Next-Generation Consensus Algorithm: Utilizing the new Zug consensus to improve resilience and scalability.
  • Optimized Developer Experience: Featuring a modern virtual machine for enhanced accessibility in blockchain development.
  • Enhanced Smart Contract Capabilities: Enabling direct CSPR staking for advanced DeFi tools.
  • Future-Proof Gas Economics: Introducing flexible gas models tailored to user requirements.

The Casper Association remains committed to fostering a decentralized ecosystem while inviting the global community to explore the transformative potential of Casper 2.0.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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