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Casper Network (CSPR) is the 132nd largest cryptocurrency in the world by market cap, valued at $385,418,861. The current price of Casper Network is $0.03364, which is -5.928% lower than yesterday. Prices have ranged between $0.03598969 and $0.0326675 over the past 24 hours. All prices are listed in US dollars and accurate as of January 26, 2023 09:01 UTC.
Casper is a proof-of-stake blockchain platform that has been designed specifically for enterprises as well as developers. It is the first blockchain that has been devised using the Correct-by-Construction (CBC) Casper specifications.
According to Coindesk, CBC was originally created by lead Ethereum developer Vlad Zamfir to help the blockchain scale, but was ditched in favor of a sharding model suggested by Ethereum creator Vitalik Buterin. As a result, Casper is a highly anticipated blockchain that is comparable to Ethereum. It is able to help in the creation of new markets as well as in the tokenization of almost every conceivable asset — without compromising on the network’s overall security, privacy or operational output. CSPR is the native utility token of the Casper ecosystem. It can be used by individuals for staking purposes as well as for securing the network. The currency also serves as the fuel for all of the platform’s native transaction and network activities.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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