How to Maintain Storage Integrity for Decentralized Data

in #casper7 years ago

C A S P E R API

First system of decentralized cloud-base data storage for DAPPS with a universal API

Having the capabilities of these large corporations, you might away with such a breach but if you are a small sized company, chances are users will never entrust you with their data ever again. With blockchain technology, however, this issue will become more and more just a thing of the past.By storing your data in a decentralized system, hackers will have a hard time putting all the pieces together unless they own a quantum computer, a technology the currently resides only in Sci-Fi shows.

How it works.

Casper API works in a way that a decentralized application places an inquiry with the smart contract regarding available free space for content; in response, the smart contract sends the address of the server where the data can be uploaded. As the file is uploaded, Casper API copies the file to three more servers; in total, there are four copies of the file. The same number of copies is maintained in the future. When any one of the servers becomes unavailable, it is replaced by a new one, which downloads a copy of the file from the three remaining servers.

In summary.

 DApp asks the smart contract for a place to download content.
 A smart contract finds it and sends the coordinates to the server.
 When loading data, Casper API copies to 3 additional servers and saves replicas. As a result, the loss of one of the servers does not lead to loss of information, since the data storage system has 3 more copies.  

Benefits for CST Owners

Casper token is the main part of the ecosystem that is used as an internal currency. The entire amount of tokens will be released during the ICO period, 1 GB of storage space will be equal to 1 CST. The tokens will be released as part of the ICO by a separate smart contract under the ERC20 standard. Tokens issued during the ICO can be traded on the exchange. After the end of the ICO, the tokens purchased during it can be converted into the CST tokens of the working smart contract. CASPER API is planning to raise $ 31,800,000 as funds. The minimum threshold for raising funds is $ 4,800,000.

TEAM MEMBERS

ARTEM KOLTSOVE is Head of the expect council for blockchain
and cryptocurrencies, Russian state parliament and founder of this project.

STANLSLAV KAPULKIN-CTO-Winner and participant of various competitions and start-ups in the IT AR a the co-organizer of the Hackathon hack Hacktherbrain in 2016.

NURLAN TLEGENOV is head of marketing in this project and he has Working experience in major corporate business for 6 years.



Conclusion.

Casper API is projected that has a real-world application of blockchain technology team is very solid, experience and looks very promising. The Casper API should provide developers with access to economic and convenient decentralized data storage while ensuring maximum process security. As a result of the development of storage technologies and stabilization of the system, the developers plan to form a network of distributed virtual machines that will be able to handle AR / VR, loT, self-driving cars requests. This will be a very big step in this project in 2018 and will for sure have a successful upcoming ICO.






Website: http://www.casperproject.io Whitepaper http://www.casperproject.io/docs/Casper_whitepaper_en.pdf Facebook https://www.facebook.com/CasperAPI/ Twitter https://twitter.com / CasperAPI YouTube https://www.youtube.com/channel/UCSw1HBC94T4VOOI-qqOoYlg/videos Telegram: https://t.me/joinchat/CAqYSA-QqYvvYJCIXM2M5w

By Arsenyo
https://bitcointalk.org/index.php?action=profile;u=893090

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