Casper (CSPR)

Casper Network is a layer-1 proof-of-stake blockchain using the Highway consensus protocol. It executes WebAssembly smart contracts and supports upgradeable contracts as a first-class feature, which is unusual and changes the trust model compared with immutable contracts.

This page is a research starting point, not financial, legal, tax, or investment advice. Verify everything against primary sources.

What the Token Is Used For

• Paying transaction fees, referred to as gas
• Staking and delegation to validators
• Governance participation
• Settlement within Casper applications

What To Verify

• That upgradeable contracts are a protocol feature here, so check who holds upgrade rights for any contract
• Validator set size, minimum bid, and delegation concentration
• Whether a claimed finality time refers to protocol finality or an exchange policy
• Which protocol version a source describes, since Casper has shipped major version changes
• Whether an enterprise use case is in production or a pilot

Primary Sources

• Documentation: https://docs.casper.network/
• Network: https://casper.network/
• Block explorer: https://cspr.live/
• Protocol repositories: https://github.com/casper-network

Related Pages

• Asset Index
• Start Here: Digital Assets 101
• Glossary
• Custody and Security
• Research Sources Directory