What is Casper Network and CSPR

Casper Network

Casper Network is a Layer-1 proof-of-stake (PoS) blockchain launched on March 31st, 2021. It has been built for real-world applications without sacrificing security, usability, decentralization, or scalability.

The protocol is designed with a focus on flexible privacy permissions, low latency, and security. It allows you to choose between public permissions and private network iterations depending on their confidentiality preferences.

CSPR

CSPR is the native coin of the Casper proof-of-stake (PoS) blockchain.

Casper relies on CSPR tokens to reward validators who participate in the proof-of-stake (PoS) mechanism in order to secure and maintain the network.

Token type is Utility.