Casper API - Platform for Dapp Developer

When is time to speak about new technologies regarding storage solutions, all eyes could very well center on the work currently developed by the people working for Casper API? The developing team working for them is creating the first-ever decentralized storage application managed by smart contracts. The company is using P2P features available on the Blockchain Technology to gain access to a series of invisible servers built on shared networks where every single piece of data uploaded by the user will be available by simply requesting it.
To make the platform work Casper API relies on a series of process to make sure that the data is safeguarded and available at all moments. Some of them are described as it follows:

Backup Save

This feature is used by the system to create multiple copies of the stored data in case they are required for emergencies. Since these files are usually larger on a scale, they are handled by vendors who provide extended storage spaces such as personal servers or internal networks. The backup is expected to be last resort to reacquire data by a user and as such, few requests to be processed are expected from them.

IPFS/P2P connectivity

These are the classic protocols for communication between vendors and sellers and the ones who will be used the most by the platform to connect users who replicate their files. The system distribution will enable permanent storage with no possibility of loss of data or restricted access. IFPS will allow every file to be stored in a cache to be seeded, while P2P will be used for direct access.

Copy Control

Casper API offers the chance to each vendor to get paid by storing files or by making data traffic happen. The number of file copies that run in a data transfer is regulated by the smart contracts, so there is very little chance of discrepancies on the information handled by the vendor. If a particular vendor becomes unavailable, the system will rely on a backup vendor out of four preset choices to keep the ongoing flow of traffic.
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.

Casper Project: your ghost data!

The Casper project (http://www.casperproject.io) aims to become a reliable data and file storage system that’s based on a P2P (peer to peer) decentralized network, aimed at DApp (Decentralized Apps) developers. The main actors of this network are the storage solicitors and the storage vendors.

Storage Vendors

Any individual or company that has the hardware means to provide storage space on the Casper Network. These vendors will have the opportunity to band together in data centers that will facilitate higher throughput and low latency to the Casper network. In exchange for their services, vendors will be awarded CST tokens, an ERC20 based token that will leverage the power of Smart Contracts, holding all the involved parties accountable for their end of the bargain.

1 CST token will equal roughly 256 GB of storage on the Casper network. Using this business plan will put the centralized file storage systems out of business as they will not be able to compete with the prices that the Casper Network operates on.

Basic/Flexible access system

The Casper API platform will allow users to give direct access to their data in a very direct fashion. The system will be effective for vendors who are handling a lone regular seller. But if the vendors are handling data that is being put out in the open to an extended number of users, they can enable a flexible protocol to connect a restricted amount of people on limited timetables handling up to 2GB of data per download.

File Replication

This feature requires that vendors remain online at all moments, every day of the week to provide enhanced bitrates to handle increased volumes of traffic and improve the reliability of the service. The vendors choosing to work under this scheme should be equipped with powerful computers that allow them to verify data download requests and to validate data transfers.
Check More At : http://www.casperproject.io/
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