Casper API - Fast, Cost-Effective and Secure Storage (ICO Review)
Many of us have information of great importance, be it folders, videos, works, among others, and we need a space where we can keep this information safe. For this reason, many companies have emerged that are looking to solve this problem and offer information backup services in the cloud, and we will now present an analysis of a project called Casper API that seeks to compete in the area by offering competitive and accessible services to its clients.
About Casper API
The project called Casper API enters the market as an innovative project that seeks to build a big data storage infrastructure based on blockchain technology, which allows you to build a storage file (photos, video, audio, text files and 3D models), configure the optimal routes for content delivery (CDN), store backup copies, to work with corporate data storage.
Casper API's goal is to solve the problem of the high cost of blockchain data storage and provide DApps developers with decentralized file storage at competitive prices and controlled speed through intelligent contracts.
Casper developers argue that their decentralized blockchain option will simplify these problem areas. From this, you can understand why it will become an attractive option for so many people if the company implements its plans.
Proposed Solution
Despite its young age, it can be said that this project has a great work team with extensive knowledge of the market and the subject in general, for this reason CASPER API is creating a simplified solution for DApp data storage. Using the CASPER API, any type of Blockchain platform with a DApp can use the data storage capacity. By storing user information using the intelligent contract, CASPER is creating a new method of rapid DApp development. Based on Ethereum's participation test, it shares files using P2P technology.
The file to be stored is divided into parts for reliable storage. They are working on the second stage of their platform by creating a decentralized and easily accessible network of distributed virtual machine tools. This can be used with stand-alone driving and AR / VR technology. You can become a network provider by offering high-speed Internet, free disk space and CASPER Token.
From all the above it can be said that Casper API will be a great competitor in the area of data storage.
Project Advantages
The versatility of the project makes it have great advantages even over its main competitors and among them the following can be highlighted:
1.- High-speed access to decentralized file storage
2.- Security at the corporate level: confidential transactions through a private channel using a cryptographic protocol similar to Lightning Network.
3.- Data protection: each file is stored by 4 independent storage capacity providers
4.-Cost reduction: data storage and distribution for end users costs 3 times less than traditional CDN and cloud storage solutions
Casper API Features
Among the main functions of the platform is Versatility, because the CASPER API will not belong to any particular overproduction. In addition to the above, Casper's API store will be able to store data from multiple blockchain platforms, allowing developers to store all the necessary information in one place.
Another important aspect that we can mention is the issue of its internal currency, because along with the launch of the platform itself, the market will have its own cdn tokens. They will become the main means of calculation within the ecosystem. In this sense, the issue of own currency will be used in the following way:
- The network user will become one of the nodes for storing and transferring information, so each connected user will pay a certain number of tokens to the owner of the node.
- The token will be based on a well-proven ERC-20 token format, which is used in etherium. Therefore, tokens can work outside Casper's API.
About Token and ICO
Token symbol: CST
Standard: ERC20
Platform: Ethereum
The price range of 1 currency: 1.2-1.6 USD
Coins sent for sale: 43 million tokens.
Softcap = $ 4,800,000
Hardcap = $ 31,800,000
All tokens will be generated during the ICO (July 2018), there will be no additional launches or mining.
Conclusions
Today we can notice that the amount of important data is constantly growing and its weight is much greater, in previous times we could save some files and important information on extraibes devices, but over time and thanks to technology that has become little needed and therefore save our files in the cloud has become very popular, in addition to representing a growing market and with major companies that are responsible for providing these services.
Regardless of the company to which we entrust our data, it is important to note that it must offer a high degree of security, because it is not appropriate to entrust important data to any company where it may be lost or fall into the wrong hands that may benefit from it. On the other hand, there must be an economically priced storage relationship since the amount of information can be very large and the cost would rise exponentially.
Therefore, after evaluating the services offered by competing companies such as SIA, STORJ and FILECOIN, which are also good options, we must point out that the Casper project offers better options than the previous ones and represents the future of data storage companies. For this reason, we highly recommend that you better analyze this project and participate either in the sale of tokens or in the use of their services, because Casper API has a great future in fact, very promising because the market they are entering is getting bigger and bigger and with a bigger volume of customers.
Information
Website: http://www.casperproject.io
Whitepaper : http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf
Twitter: https://twitter.com/CasperAPI
Facebook: https://www.facebook.com/CasperAPI/
Telegram: https://t.me/CasperProjectENG
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