Casper API: Decentralized Data Storage Structure

sechkin (9)in #ico • 8 years ago

The amount of information is overgrowing, and the number of companies that conduct their business online is also growing. The use of modern technologies for business development contributes to the replacement of the sector of the economy, which is one of the essential factors of data storage.

Each company strives to provide its customers with the highest level of security and information security. The amount of data that is used to solve various business processes is measured in terabytes, which contributes to the expansion of the data storage market.

The move to cloud storage of information has opened many opportunities for companies and private users. The ability to create a decentralized storage system with blockchain technology allows users to access a modern, fully protected system.

The Casper API combines all the essential functions and, in comparison with other similar platforms, has more favorable terms of use. The platform makes it possible to store the data of any decentralized application created on a blockchain.

Casper API is a data storage system managed by smart-contracts, which can be integrated into decentralized applications. It works on the following principle:

The user sends a request to the Casper API to place the information in any chosen blockchain.
Casper API requests a free space to store the data from this blockchain smart-contract.
The smart-contract provides the address of the server where data can be placed.

Casper API saves all user's data on 4 servers at once, so if one of them fails, you can still access it. The data can be either encrypted or not, depending on the type of content and user's requirements.It is noteworthy that private providers of "data storages" can be involved in the system operation as well as large data-centers. For providing free space, they will be able to receive a reward in CST tokens.

Imagine that you used the services of Casper platform and rented secure storage. You have vital information that must be reliably protected from theft and change, and also you want to grant access to a particular person, for example, John.

You upload your information to the platform, and it also gets into a secure, decentralized network of the blockchain. In addition to you, no one can see your information, as it will be encrypted here.

To transfer this information to John, you will need to create a private key that you will provide to John, and he will be able to see this information at any time from any device.

Nobody except you, in any way, can access this information, no hackers will be able to crack the blockchain. Since any changes or requests are confirmed by the main part of the network and any attempt to hack and gain access to your data will be rejected by the miners.

Three major advantages of competitive architecture Casper API :

1). Adaptation.

Casper API allows users to use any Blockchain Technology system that supports Smart Contract, and meets the requirements of all clients.

2). Security.T

he security of data transferred for storage is guaranteed by the Zk-Snark Algorithm and the P2P Protocol.

3). Availability.

Casper API alone will offer Blockchain Technology for storing all the most profitable data for a minimal cost. The app will also have an intuitive interface, which can even be addressed by newcomers in the Industry.

Token Casper API

Casper API will use its own CST Internal Token, which can be used to pay for data storage across all Blockchain, as well as to purchase franchises for service providers. After the ICO, tokens will be traded freely on the exchange.

Tokens used in systems (centralized and decentralized applications) pay for storage of information in tokens or in Fiat currency. Suppliers purchase tokens for the use of hard disk capacity in the system, and are rewarded with CST tokens.
CST holders with no free space on the hard disk can hire tokens to members who want to become suppliers and thus start earning.
Due to the fact that CST is made according to ERC 20 standard, it can be safely added to any cryptocurrency exchange. The token market value is determined by the price in the stock market.

Team Casper API