Casper Association Secures 425M CSPR and Announces Feature-Complete Casper 2.0 Release

ZUG - The Casper Association is pleased to announce that 425M CSPR have been transferred from Prove AI AG (formerly Casper Labs Holdings AG) to the Association. (See transaction 1 and transaction 2). 

We are eager to turn our attention to the next phase and the continued growth of the Casper Network. This week, the core engineering team at Casper Association achieved a major milestone with the Release Candidate 5 of the Casper 2.0 node and protocol. Casper 2.0, formerly known as "Condor," is now feature-complete, introducing groundbreaking enhancements designed to revolutionize blockchain performance and functionality.

Key Features of Casper 2.0

  • Next-Generation Consensus Algorithm: The new Zug consensus algorithm boosts network performance, resilience, and scalability, ensuring Casper is optimized for diverse use cases, from DeFi and gaming to enterprise solutions.

  • Optimized Developer Experience: Includes a new, cutting-edge virtual machine with cleaner code, simplified processes, and developer-friendly features, making blockchain development more accessible to both seasoned and new developers.

  • Enhanced Smart Contract Capabilities: Direct staking of CSPR in-protocol paves the way for advanced DeFi tools, including secure and intuitive liquid staking solutions.

  • Future-Proof Gas Economics: Casper 2.0 introduces flexible gas models for potential features like gas refunds or burning, tailored to network needs.

Future-Proof Blockchain

Casper 2.0 represents the ongoing evolution of Casper Network as a future-proof blockchain designed to meet the demands of real-world applications. As we finalize internal testing and prepare to upgrade the DevNet, the Casper Association invites the global community to learn more about Casper 2.0's transformative features by visiting our dedicated documentation.

The Casper Association board and management team extend their deepest gratitude to the community—past, present, and future—and remain dedicated to realizing our vision of a decentralized, community-driven blockchain ecosystem.