LEARING BLOCKCHAIN TECHNOLOGY WITH CASPER NETWORK

More About CASPER

The Casper Network is 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.

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Blockchain Technology

Blockchain technology is a structure that stores transactional records, also known as the block, of the public in several databases, known as the “chain,” in a network connected through peer-to-peer nodes. Typically, this storage is referred to as a ‘digital ledger.’

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About the Casper Network

Casper is a new Turing-complete smart-contracting platform, backed by a Proof-of-Stake (PoS) consensus algorithm and WebAssembly (WASM). The network is a permissionless, decentralized, public blockchain.

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Developement on Casper

Casper's blockchain is built upon the Rust programming language and compiles down to WebAssembly. The Rust contract SDK is the easiest way to get started with smart contract development. This guide will walk you through the steps to set up your development environment.

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Casper SDK

The software development kits (SDKs) available for interacting with the Casper blockchain. These SDKs are client-side libraries providing functions or methods (depending on the language) to interact with the Casper Network. You can use them as a model to develop your application and accomplish tasks such as generating account keys, sending transfers, or other blockchain transactions.

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Smart Contract

The Casper VM executes a smart contract by calling the call function specified in the contract. If the function is missing, the smart contract is not valid. CasperLabs maintains the casper-contract to allow developers to create smart contracts using AssemblyScript. The package source is hosted in the main Casper Network repository.

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Staking

A feature of Proof-of-Stake protocols is that token holders can actively participate in the protocol through a mechanism known as staking.Persons that hold their private keys can choose to stake their tokens with any validator in the Casper Network. Alternatively, it is possible to stake tokens via an exchange or custody provider as well.

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