Monday January 25, 2021
Bitcoin (BTC) $33,961.00   Ether (ETH) $1,403.09
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas.net
No Result
View All Result
Home Vendor Technology

CasperLabs, supported by Vlad Zamfir, confirms name of mainnet and native token

Published by CryptoNinjas.net
04/16/2019

CasperLabs, an ADAPtive Holdings-backed research and developer building ‘blockchain for public enterprise’ networks, has unveiled the first key update for developers, Node 0.2, which significantly reduces barriers to downloading, building, and running a network of Correct By Construction (CBC) CasperLabs nodes.

The project, which utilizes insights from esteemed Ethereum researcher Vlad Zamfir, also confirmed the name of its mainnet blockchain, CasperLabs, and its native token, Ectoplasm, after a wide community vote.

In truly decentralized fashion, the CasperLabs team turned to Github to find a community-driven identity for its blockchain, token and gas names. A trio inspired by the beloved Ghostbusters movies were ultimately chosen, giving rise to the newly-christened CasperLabs blockchain, the ECTO token and PLASM as the name for its in-network contract running costs, commonly referred to as ‘gas’ on Ethereum.

“We’re thrilled to share the latest milestone in our journey to build the first fully decentralized, scalable, public blockchain designed for mass-scale public enterprise, developer and consumer adoption. With Node 0.2, users only need a single installation and can use Docker to run a network of three nodes on a standard personal computer. dApp developers can associate a contract with an unforgeable name, while the VM is more stable due to improved usage of idiomatic type-safety constructs and provides more descriptive error messages. Execution costs are calculated and returned and can be viewed as part of log output.”   

Medha Parlikar, CEO of CasperLabs

“The blockchain community is entrepreneurial by nature and are fans of things, people or work that bring innovation, or simply new ideas to the world. A great example of this, particularly in the world of pop culture and film, is Ghostbusters. As fans know, ectoplasm is the byproduct of an otherworldly phenomenon. We feel this captures the essence of what blockchain represents – a technology that may indeed alter our world as we know it, and one that is only beginning to be truly understood and appreciated. Our mission is to bring a best-in-class blockchain network to the general public and public enterprises; in the spirit of innovation, show the world something new and memorable.”

Mrinal Manohar, Co-Founder of CasperLabs

“Building out a world-class team of core engineers has been laborious but extremely worthwhile, with the selected team bringing decades of invaluable experience to our team. Through working on many best-in-class projects in the industry, I’ve learned what comprises an elite product with an enduring impact and can attest that CasperLabs is on track to become the quintessential blockchain protocol through being meticulous about each step we take and ensuring that decentralization, security, and scalability are at the epicenter of each decision made without risk of collusion or censorship. We’re beyond excited to announce the next stage of our project.”

Co-Founder of CasperLabs Steven Nerayoff

CasperLabs is continuing to expand its team, now with 21 full-time engineers located across the globe, all of whom are working on the development and governance of the blockchain.

8
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related Posts

No Content Available
Load More
Leave Comment

Recent Updates

Moonbeam and Ocean Protocol to bring a new data economy to Polkadot

Crypto exchange HitBTC adds 18 new leveraged trading markets

Blockchain ecosystem Nimiq launches new incubator initiative

Crypto portfolio platform Coinigy adds new exchanges to its V2 architecture

NEM Ventures launches 2021 NEM Ignite incubator program

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit

Trending Views

Zilliqa tokenizes rare single-malt scotch whisky casks, now available to accredited investors

Crypto payment and wallet project TenX shuts down

GateHub launches Wallet Protect to cover up to $100K for XRP ledger wallets

Billions of dollars in bitcoin becomes available to creditors of Mt.Gox bitcoin exchange

Japan’s Coincheck lists Enjin Coin (ENJ) after regulatory approval

  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version