Protected And reliable Utility For DApp Based On Ethereum Platform

Casper is a protected and reliable utility for DApp based on Ethereum platform. It is the fastest way to ensure DApp stores data, i.e., video, photo, audio, text, databases. It is implemented by joint effort of a variety of vendors, which provide their hard drives and internet-channels for storing and transferring files. Casper is a file system utility for decentralized applications based on Ethereum, and other Blockchain platforms supporting smart contracts. The Blockchain platform is based on a P2P network, participants of which provide resources to perform transactions and calculation. Casper complements the P2P Blockchain platform with a storage unit network, which provides HDD file storage service to users, while storage units ensure the network is functioning properly. The storage unit network may be connected to several Blockchain platforms (now we use Ethereum platform only). A storage unit may be connected to the network by any person with proper equipment at their home, or a regional data center, which is interested in putting its idle facilities in operation. http://www.casperproject.io. Each network participant will receive payments for rendering storage services. Now imagine the nearest future, when information will not only be generated by man, but billions of IT devices, drones, self-driving cars, robots, AR/VR. All of them require an immense storage volume for information, which will cause significant demand for the service in question from both classic-style applications and DApp. This is why the team started Casper API development early on, as it will be used to resolve the issue of data storage quickly and promptly. Casper API will allow cloud storage of data with a higher level of confidentiality, reliability, and flexible options for access control. It removes intermediaries between users and locations where data segments are stored. Only users will have access to their information. Casper enables users to upload random files to a cloud service, and access them later from any device. Casper’s basic features includes: Encoding of stored files, high file upload/download rate thanks to peer-to-peer technology, shared file access, feasible data storage pricing. Casper API works in way that a decentralized application places an inquiry with the smart contract regarding available free space for content; in response, the smart contract sends the address of the server where the data can be uploaded. As the file is uploaded, Casper API copies the file to three more servers; in total, there are four copies of the file. The same number of copies is maintained in the future. When any one of the servers becomes unavailable, it is replaced by a new one, which downloads a copy of the file from the three remaining servers.

The platform also has a feature called Casper Destorage. Casper DeStorage is the first cloud-based file storage space based on Casper API. The service will allow uploading files, downloading them from any computer and sharing your files with others. The application code will be open source, and can be used to build other services with use of Casper API technology. The Casper platform has a token called CST. The CST is an ERC20 compatible token that is built on the Ethereum platform. CST token will be issued within the limits of ICO as separate smart contract according to ERC20 standard. Tokens issued at ICO will be traded at exchange. It will be possible to convert tokens purchased in the process of pre ICO in tokens of smart contract for ICO using exchange method of smart contract. After completion of ICO, it will be possible to covert tokens purchased in ICO process in CST tokens of working smart contract .The Casper ecosystem plans to hold its ICO in late April, - early May, 2018 , as the platform MVP is getting ready. During the ICO, the price per token will vary, depending on the period from the sales start. The initial price is $1.2, but $1.6 and $2 prices are also envisioned. Large investors will get bonuses. The currency that will be accepted during the ICO is ETH.

TEAM MEMBERS

ARTEM KOLTSOVE

FOUNDER
Head of expect council for blockchain
and cryptocurrencies inthe Russian state
parliment.
https://www.facebook.com/artem.koltsov.7

STANLSLAV KAPULKIN
CTO

Winner and participant of
various competitions and start-ups
in the IT AR a The co-orgaier of the
Hackathon hack Hacktherbrain in 2016
https://www.facebook.com/kapulkin
https://www.linkedin.com/in/kapulkin