Casper API - Decentralized System for Developers DApps

Progress of mankind can be marked by the progress in the way we store and transmit information. Recently, the development of digital technologies has forced data warehouses to virtual reality. Today most people are using cloud storage and the advent of blockchain technology has caused the development of decentralized applications (DApps).

However, cost of such services for decentralized applications is too high, and the safety of the stored information is insufficient. These problems will be solved by Casper API, the universal platform for decentralized cloud storage.

About Casper API
Casper API is a distributed data storage platform based on blockchain technology. It is the infrastructural element that allows any DApp to set up a decentralized cloud storage of service data using any blockchain with smart contract.

Casper provides a network of distributed repositories for any data that the client needs, like photos, videos, texts and so on. Their services differs from analogues, including cloud services. It does not have any weak spot as centralized server or a certain entry point like DNS that can be targeted. Their project works on a smart contract as user requests are executed automatically.

They don’t build a cloud storage, but help DApp on any blockchain platform with smart-contract to resolve task of data storage, and quicken development of blockchain project industry.

The problems in today’s storages
The amount of data that is produced in today’s date right from personal, social to commercial information there is a dire need to create a device that securely stores the information. The current companies that provide with storage clouds like Amazon and Google etc, can be extremely costly and are centralized systems. The centralized systems like these have the information saved only on of server of the company which can put privacy and security at risk. Trusting the information on a single source and relying on it can be very risky.

Casper as the solution
Where the decentralized platforms of storages are coming up these days assuring security through blockchain, Casper even understands that owning and popularizing a blockchain can be exorbitant for everyone. The cost of developing and implement are a whole different thing. Casper gives you a solution where you don’t have to rely on one single blockchain platform or device and at the same time caters to all the blockchain applications. Be it videos, photos, audios, or texts, Casper implements all the variety provided from hard-drives various platforms and can enable transferring and storing. One can rent their facilities too in exchange of the tokens that will be used on the platform for any transactions between parties. Caspers helps in reducing maintenance costs for every individual as this is peer-to-peer sharing platform.

The main advantages of Casper API:

• Ease of use, easily choosing the right block for yourself at the cost and speed of the transaction.
• 24-hour technical support with a personal approach for each business partner.
• Absolute security of data transmission and storage.
• Confirmed reliability of use, with the rejection of a single point of failure, ensuring absolute data integrity. Ability to copy parts of files.

We compared Casper API with competitors and that's what happened:

FEATURES CASPER

• Backup Save: This feature is used by the system to create multiple copies of the stored data in case they are required for emergencies. Since these files are usually larger on a scale, they are handled by vendors who provide extended storage spaces such as personal servers or internal networks. The backup is expected to be last resort to reacquire data by a user and as such, few requests to be processed are expected from them.
• IPFS/P2P connectivity: These are the classic protocols for communication between vendors and sellers and the ones who will be used the most by the platform to connect users who replicate their files. The system distribution will enable permanent storage with no possibility of loss of data or restricted access. IFPS will allow every file to be stored in a cache to be seeded, while P2P will be used for direct access.
• Copy Control: Casper API offers the chance to each vendor to get paid by storing files or by making data traffic happen. The number of file copies that run in a data transfer is regulated by the smart contracts, so there is very little chance of discrepancies on the information handled by the vendor. If a particular vendor becomes unavailable, the system will rely on a backup vendor out of four preset choices to keep the ongoing flow of traffic.
• Basic/Flexible access system: The Casper API platform will allow users to give direct access to their data in a very direct fashion. The system will be effective for vendors who are handling a lone regular seller. But if the vendors are handling data that is being put out in the open to an extended number of users, they can enable a flexible protocol to connect a restricted amount of people on limited timetables handling up to 2GB of data per download.
• File Replication: This feature requires that vendors remain online at all moments, every day of the week to provide enhanced bitrates to handle increased volumes of traffic and improve the reliability of the service. The vendors choosing to work under this scheme should be equipped with powerful computers that allow them to verify data download requests and to validate data transfers.

How Does Casper Token Work?
The decentralized application requests from smart-contract a free space to place content, smart-contract sends an address of the server where data may be uploaded. The Casper API system, during the upload, copies the file to 3 more servers, in summary, we have 4 copies of the file. Further, this number of replicas is maintained. When one server is no longer available in the network, it will be replaced by a new one, which downloads a copy from the 3 remaining servers. Depending on the content, the application developers may encrypt or not encrypt the data. Casper API stores 4 copies of files encrypted or open for review.

Casper Token (CST)
CST serves as an internal currency within the Casper platform. Token owners can become a provider of resources, they can lease out the token to the supplier and receive part of the reward for token utilization and they can sell the token freely on the stock exchange at market value.

A total of 440 million tokens are available of which 3% will be used in the Pre-ICO, 42% in the ICO pre-sale and 14% in the token sale. 20% is the system fund, 15% will be given to the team, 2% to the advisors, 1% for the bounty program and 5% to the business partners of the platform. Token prices for 1 CST in Pre ICO $0.08, Pre sale of ICO is $0.12 and ICO crowdsale is $0.16.

CST is a ERC20 compliant token which can be traded at exchanges. Free float after ICO will be 60% of all issued tokens. System fund of CST is required to support liquidity and token price sustainability at exchanges. This protects from rapid exchange rate fluctuations.

Casper ICO will be conducted in May 2018.

Roadmap

Team

FOR MORE INFORMATION VISIT THE LINKS BELOW:
Website: http://www.casperproject.io
Telegram channel: https://t.me/CasperProjectENG
Whitepapper: http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf
Facebook : https://www.facebook.com/CasperAPI/
Twitter : https://twitter.com/CasperAPI
YouTube https://www.youtube.com/channel/UCSw1HBC94T4VOOI-qqOoYlg/videos
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1284503