### What is Casper Network?

Casper Network is a Layer 1 proof-of-stake (PoS) blockchain designed for deploying enterprise applications. It focuses on providing a secure, efficient, and flexible platform for decentralized application (DApp) developers and business users. Casper Network is distinguished by its energy-efficient PoS consensus mechanism, scalability, adaptability, and strong support for upgradable smart contracts.

### How does Casper Network work?

Casper Network operates using a modular blockchain architecture, allowing for components to be independently upgraded. It employs the Correct-by-Construction (CBC) Casper method for consensus, enhancing its security and efficiency. The network supports smart contracts written in WebAssembly (Wasm), enabling interoperability across various programming languages. Validators are selected through an auction process, which aligns with the network’s PoS protocol, and smart contracts can be directly upgraded to enhance functionality.

### What are the potential use cases for Casper Network?

Casper Network’s versatile architecture lends itself to several use cases across various industries. These include supply chain management, healthcare, banking, gaming, real estate, and energy. Its capabilities can enhance real-time item tracking, secure cross-border payments, and sustainable NFT ecosystems. Casper's partnerships with enterprises and initiatives like the Accelerate Grant Program showcase its commitment to driving blockchain adoption in business.

### What is the history of Casper Network?

Founded in 2018 by Medha Parlikar and Mrinal Manohar of CasperLabs, Casper Network launched as the first real-time Proof-of-Stake blockchain in March 2021. It has since implemented significant advancements like Casper 2.0, introducing new consensus algorithms and developer tools. Casper Network emphasizes enterprise adoption, scalable solutions, and developer support through its ecosystem initiatives and partnerships.

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