A recent study revealed that TBs of content are added on YouTube daily. Earlier, Bill Gates claimed that no user would ever need storage greater than 4 MB! Today, that's 1/3rd the average size of a video content that makes rounds on WhatsApp! Even 1 TB of physical storage seems short these days.
However, the solution to this is cloud storage.
Now, even though cloud is very convenient and can be used to store huge data without the need for any physical devices, still, the cloud services today are extremely costly. For a year's subscription, they charge as high as Rs.1500 per TB.
This turns away many users because using the cloud uses a considerable amount of data as well, and coupled with the data costs, the cloud becomes too high to be considered by many people.
Thus, in order to make cloud much more accessible and profitable for the majority, Casper decided to enter the market.
**What is Casper?**
Casper API is basically an infrastructure project for decentralized storage that is compatible with any blockchain platform with smart contract capabilities.
Casper allows all users to use all the features of the cloud such as content storage and content distribution network (CDN).
This infrastructure platform can be used by all apps, websites and businesses, with or without smart contract capabilities.
In the current market dominated by decentralized applications, Casper is a much-needed solution for many.
**How does it work?**
Suppose, you are going to the market. What are the 2 qualities that you would be looking for in the market? Quality and price.
Suppose, there's an apple that costs 100/kg sold by seller A. Seller B sells the same item at 120/kg. From which seller will you buy apples then?
Of course seller A! Because he offers more value for your money.
This is true for Casper as well. Casper offers more value for money for the cloud services they offer, attracting more customers compared to their competitors.
Now suppose, you run a restaurant. You sell Butter Masala dishes consisting of paneer, chicken, and mutton. Now, you can either prepare the dishes individually when you get the orders, or you can prepare the gravy beforehand and just add paneer, chicken or mutton as per the situation. This will save a lot of time and allow you to serve more orders in a shorter time span.
This is exactly what Casper does as well. It allows dApps to be built using their platform and allows their seamless integration as well.
On top of this, they offer unmatched security. Just like a cherry on your toppings.
Truly, Casper is a revolution in the cloud storage industry.
**About ICO**
The CST token is the altcoin of the Casper platform.
The ICO sale will begin on 30th June, 2018.
The price of each token has been set at $0.16.
The soft cap has been set at $6,700,000.
The hard cap has been set at $31,800,000.
**Verdict**
The cloud storage industry was crippled by many odds. Huge amount of data was needed to make use of the full powers of cloud platforms, and even then, the platforms were terribly costly, turning away many customers.
On top of this, seamless integration of the blockchain was not possible for a very long time as well.
This is why Casper decided to enter the market and change these for once and for all.
Casper offers great cloud storage services at much lower costs and at the same time offers unmatched data security. At the same time, the developers can integrate the Casper infrastructure in their dApps seamlessly, without any hassles.
Combining all the benefits that it offers and the value for money it is, Casper is a huge revolution in the cloud storage industry. Surely, it will change the scene and make it much better and more competitive than it previously was.
Website: http://www.casperproject.io/
Whitepaper: http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf
Telegram: https://t.me/CasperProjectENG
Blog by ollivander7
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1069616
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