Why did OriginStake choose Casper as our first blockchain?

OriginStake
OriginStake.com
Published in
2 min readJul 5, 2022

Follow this post and together let’s figure out the reason why this is the first blockchain we chose to be included and its possibility.

What is Casper?

Casper is a blockchain that allows developers, businesses easy access to blockchain technology using the PoS (Proof of Stake) with Casper CBC (Correct by Construction) tech.

It allows businesses to choose a public network, permissioned network or private network based on their preferences but doesn’t affect their efficiency or their private security.

Casper solves business’ biggest problem, which is the balance between decentralization, internet security and expansion ability without losing usability.

With Finality and Flexibility features, Casper has security and block times that can be adjusted based on network conditions.

Use cases:

Its coin (CSPR) is used to

Reward for Validators

Pay for network’s on-chain activities

CSPR Key Metrics

Name: CSPR Coin.

Ticker: CSPR.

Blockchain: Casper.

Token Standard: Updating…

Contract: Updating…

Token Type: Utility.

Total Supply: 10,193,822,036 CSPR.

Circulating Supply: 1,404,586,738 CSPR.

CSPR Token Allocation

CSPR will be distributed into 8 parts as follows:

Non-profit Casper Association: 20.3%.

Validator Sale R1: 19.5%.

Developer Incentives: 16%.

Validators Sale R2: 10.2%.

Coinlist Public Offering: 10%.

Casper Labs Holding AG: 10%.

Team: 8%.

Advisors: 6%.

Why did we choose Casper?

Since the beginning, Casper has received many positive responses from the Web3 community and businesses.

Prominently, Casper team members have experience in major projects such as Google, Adobe, Microsoft, etc.

For that, we want to be a part of the Casper blockchain based on its member's background and great practical application.

ABOUT ORIGINSTAKE

ORIGINSTAKE is a professional and trusted validator who operates on top hardware specifications, with enterprise-class data protection standards. OriginStake provides services to operate and develop nodes on various blockchains as well as staking support services to optimize user experience. With OriginStake, staking is absolutely safe, profitable & highly cost-effective!

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OriginStake
OriginStake.com

ORIGINSTAKE VALIDATOR is a professional and trusted validator who operates on top hardware specifications, with enterprise-class data protection standards.