Wednesday, June 19, 2024

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finova Upgrades Award-Winning Origination Platform Apprivo To Drive Operational Efficiency For Clients Amid Rate War Gilion Appoints Andreas Hedlund as New CFO and Deputy CEO FINOM Brings Integrated E-Invoicing and Business Banking to Italian SMEs with Launch of Business Accounts and Local IBAN More Than Two Thirds Of Financial Services Organisations Say Network Security Threats Have Increased In The Last 18 Months, According To New Daisy Research Monavate and Know Your Customer Collaborate to Reinvent Compliance Across the European Payment Solutions Encompass Corporation Appoints Renowned Technical Leader Andrew Dunn as VP of Engineering to Help Bring Corporate Digital Identity Vision to Life RBC Launches Global Credit Connect With Nova Credit to Help Create a Smoother Financial Start for Newcomers to Canada Shareholders Of Tech Giants Fail To Address Pension Savers’ Concerns Surrounding AI UK General Election 2024: What it Means for Financial Services Firms Payments Variation Needed for International Expansion | Shopware | Nexi Roadshow: OMR Hamburg TerraPay and Thredd Partner to Build the Next Generation of Payment Solutions and Money Movement for Global Travel Providers Ageras Enters Into An Exclusive Agreement With Societe Generale To Acquire Shine And Become One Of The Leading European Providers Of Banking And Accounting Software For SMEs Mexican Fintech Unicorn Clip Announces US$100 Million Investment Open Banking Could Become a Mainstream Payment Method in 5 Years Time Surpassing BNPL, emerchantpay Research Finds Zilch Raises £100M Financing Deal to Fuel Expansion Strategy

CasperLabs Continues Pre-Launch Momentum with Release of Significantly Streamlined Protocol and Ghostbusters-Inspired Blockchain, Token and Gas Names

CasperLabs, the ADAPtive Holdings-backed research and development innovator building the next generation of ‘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.

Medha Parlikar, CEO of CasperLabs, said “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.”

In true 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.

Mrinal Manohar, Co-Founder of CasperLabs, said “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.”

Co-Founder of CasperLabs Steven Nerayoff added “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.”

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

For more information about CasperLabs, please visit here.

  1. finova Upgrades Award-Winning Origination Platform Apprivo To Drive Operational Efficiency For Clients Amid Rate War Read more
  2. Gilion Appoints Andreas Hedlund as New CFO and Deputy CEO Read more
  3. FINOM Brings Integrated E-Invoicing and Business Banking to Italian SMEs with Launch of Business Accounts and Local IBAN Read more
  4. More Than Two Thirds Of Financial Services Organisations Say Network Security Threats Have Increased In The Last 18 Months, According To New Daisy Research Read more
  5. Monavate and Know Your Customer Collaborate to Reinvent Compliance Across the European Payment Solutions Read more