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CASPERAPI is a file system infrastructure for decentralized applications on Ethereum (Etherium is a platform for creating decentralized online services based on smart contracts based on smart contracts, implemented as a single decentralized virtual machine, was proposed by the founder of Bitcoin Magazine by Vitalik Buterin at the end of 2013, the network was launched on July 30, 2015) and other Blochain-platforms with a smart contract (Smart contract computer algorithm designed to enter into and maintain commercial contracts in the technology of blocking).
Imagine that speed, security and transaction costs are much cheaper than conventional ones. You do not need a lot of time to save and reopen documents, thanks to the technology offered by Casper.
Developers managed to create a completely decentralized repository, operating under the management of a smart contract. The Casper API has no own blocking software, and it can work with all platforms that have smart contracts. This is Ethereum, Graphen, Neo and others.
The Casper API is not limited to working on a specific block chain. Developers DApps will be able to choose the right block-chain.
The only condition for choosing a block chain is the availability of smart contracts. Providers will get a unified audience
from all platforms based on the chain, thus, can quickly fill the capacity of disks provided by the system.
Casper source
The main advantages of the Casper API:
- Convenience
- Security
- Reliability
In addition, it is necessary to understand what decentralization is in dApps. Many users confuse this definition with the distribution, so we'll focus on it. A decentralized system is a structure in which separate stand-alone computers are connected to one network and interact with each other to achieve one specific goal.
In the case of decentralization, everything works differently. Decentralized computing involves allocating resources to each participating node. That is, individual links do not tell each other what to do. We find that dApps works on the P2P system's computers.
Casper releases its own monetary unit - Casper token or CST, which is used for calculations inside the service on all the block-platforms (Block-ordered by continuous rules sequential chain of blocks containing information.Most copies of the chain of blocks are stored on a variety of different computers, independently of each other friend) and to purchase franchise suppliers (Franchise - the object of the franchise agreement, a set of benefits, consisting of the rights to use the brand and business model of the franchisor, as well as other benefits, The methods of doing business, trademark, technology with mutual obligations and privileges between the transferring (franchisor) and the receiving (franchisee) parties, provided for a fee and issued in accordance with the law on the protection of intellectual property, may be used as a franchise. ) After the release of the ICO, the tokens will be freely traded on the stock exchange.
CST (Casper token) is the main component of the developed ecosystem that is used as an internal currency. The entire volume of tokens will be released during the ICO period, 1 GB of storage space = 1 CST.
Buying tokens during preICO
The CST token will be released as part of the preICO by a separate smart contract, not according to the ERC20 standard. The released tokens will not be traded on the exchange. After the end of the ICO, the tokens purchased on the preICO will be converted into the CST tokens of the working smart contract.
Purchase of tokens during the ICO
The CST token will be released as part of the ICO by a separate smart contract under the ERC20 standard. Tokens issued during the ICO will be traded on the exchange. Tokens purchased in the course of preICO can be converted to smart contract tokens for ICO using the exchange method of a smart contract. After the end of the ICO, the tokens purchased during it can be converted into the CST tokens of the working smart contract.
Retrieving tokens in Casper's smart contract on the Ethereum platform
In the working Casper smart contract will be written method exchange, which will allow you to exchange the tokens purchased during preICO and ICO on the tokens of the working smart contract.
For more information about the project, please click on the links:
Website : http://www.casperproject.io
Facebook : https://www.facebook.com/CasperAPI/
Twitter : https://twitter.com/CasperAPI
My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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