Casper Network

Recorded: May 27, 2025 Duration: 0:55:48
Space Recording

Short Summary

Casper Network is making waves with the successful launch of Casper 2.0, a strategic partnership with AmeriCorps to revolutionize the parking industry, and the upcoming integration of Router Protocol, enhancing interoperability across blockchains. With new yield opportunities from liquid staking and the release of Odra 2.0, the Casper ecosystem is poised for significant growth and innovation.

Full Transcription

Thanks for joining in everybody to our latest Xspace.
Just give us a moment while we get our speakers aligned and we'll get the call.
Xspace started in a moment.
Thank you for waiting.
Be patient. Thank you. Thank you. Just getting going here in a moment.
Thanks for standing by. Thank you. We'll get started in a minute.
Hi, Michael.
We can do a quick audio check.
I can hear you loud and clear.
Can you hear me?
Yeah, I can hear you.
I see Matt's connecting as well.
Testing one, two.
Can everybody hear me?
Can hear you, Matt?
Okay. I'll give a quick brief intro. We'll get started straight away.
Thank you to everybody for joining this month's monthly XSpace Community Call.
We're joined by members of the Casper Association, Michael Stoyer, the CTO at Casper,
and Matt Schaffnitz, CEOo along with some guests who i'll
let um our founders and um ceo introduce as as the call unfolds um always as always thank you so much
for joining in being a part of our community and and staying up to date with all the latest and
greatest from casper um we have an interesting x space today if you have any questions for our team
at casper or any of our
speakers please don't hesitate to leave that question and we'll do our best to answer it
during this x space um if not it's uh valuable for us to see that and we'll potentially be able
to get back to you after the x space after the fact so please just leave your questions um that
would be great um we love to engage with everybody and get these questions answered.
Without further ado, I'll hand it over to Matt Shafnit, the CEO of the Casper Association,
and Matt can take it from there. The stage is yours, Matt.
Hey, thanks a lot, Joe. And thanks a lot for everyone for being on the call today.
It's great to be here kicking off the second quarter here at the Casper Network.
It's been off to an excellent start, very strong, with the release of Casper 2.0 and
our recent partnership announcement with AmeriCorps Investments. And I'm excited to
even have Jordan Simons here today, who will be joining us among some other speakers who
can shed some light on some other stuff that's been
happening since the last time we touched base. Casper 2.0's release is a special highlight for
me, and I'm especially proud that the team was able to pull it off live on YouTube,
streamlining, without a hitch. That was great. It's not only a huge accomplishment, but it opens up many doors for the network.
And I do see partnerships such as AmeriCorps as a manifestation of that.
And I know you'll like to hear what's coming out in the ecosystem development.
We have some of those lined up in today's speaker lineup as well.
After coming off a series of conversations...
Matt, it sounds like we lost you.
Or was that just me?
Matt, just temporarily there.
Yeah. Matt, can you hear us?
Apologies for the technical difficulties here.
Hopefully we can get Matt back in just a moment
and then we can continue on.
Meanwhile, as I said, if you have any questions,
leave those questions.
I'm monitoring the chat and I'll make sure the team
get those questions so we can answer those during the next phase.
We'll give Matt a few seconds to reconnect,
see if that works, and otherwise, we'll continue.
You can take over.
So I'm happy to be here.
Thanks, everybody, for joining.
We'll go through some updates,
and then we're excited to have a bunch of guests here
and hear from them as well.
So first of all, as Matt already mentioned,
since our last call,
obviously the biggest news since our last Xspace
has been the successful launch
of Casper 2.0 on Mainnet on May 6th, which is today exactly three weeks ago.
And we did this during a live stream event with thousands in our community and beyond
our community participating in the launch event.
As you might imagine, launching or upgrading a live blockchain network in a live stream
is a bit of a risky proposition.
It certainly cost some of the team some sleep in advance because so many things can go wrong
or just slightly different than planned.
However, the fact that everything went exactly according to plan is a testament to the hard
work of the core engineering team that they've put in to prepare for what essentially has become the largest and most comprehensive
upgrade of a live blockchain network in our industry. Just to remind the audience of some
of the things that shipped with Casper 2.0, when I say it's one of the largest and most comprehensive
upgrades, that is in part to not just features, but just the amount of changes and work that went into it.
3,500 commits or more on GitHub,
hundreds of thousands of lines of code that were changed.
Not just one or two features or improvements,
but a whole new consensus protocol,
ZOOC, a whole new execution engine and virtual machine,
and a multi-virtual machine architecture
that we now have that can run multiple VMs side by side,
CAS model changes, contract staking,
factory methods, improvements to validator and node
operations, and much, much more.
Now that Casper 2.0 is live on mainnet,
we have for the first time been able to observe how it behaves in a real-life network.
Because no matter how much we test it ourselves, and we test it every day,
or even on Testnet, which is a public network,
nothing really compares to a network with nodes spread all over the world,
running different types of hardware and different types of software configurations.
And in different types of data and different types of software configurations
and in different types of data centers,
or in some cases, not in data centers at all.
And some node operators run their nodes in their offices,
at home, whatever the case may be.
So some of the metrics that we've
been able to observe since mainnet activation
have actually blown us away.
So I'll give you a quick example.
The block finalization time in ZOOC on Mainnet
is about 150 times faster than it was in Highway
before Casper 2.0 was upgraded.
To make that more concrete, before the upgrades,
Mainnet block finalization times were between 11 and 15 seconds,
which is why Mainnet has been running at 16 second blocks
historically.
Now with ZOOC, the mainnet block finalization times are between 60 and 100 milliseconds,
or basically 0.1 seconds or less.
Now that we have this data, we can start working with the validator community
on gradually increasing the block speed on the network.
What's next from an engineering perspective?
Quite a few things. speed on the network. What's next from an engineering perspective?
Quite a few things.
The team is currently working on wrapping up a Casper 2.0.1
patch release, which we will propose to the validator soon.
It addresses some minor items that we have identified
and would like to clean up before we release Casper 2.0.
Casper 2.1 is also in full motion,
and we expect to release it in the next couple of months,
as we have committed to a regular quarterly release
schedule going forward.
As many will know, Casper 2.1's main feature
is the launch of the new virtual machine, which
will run alongside the existing one,
and offers developers a highly optimized interface
to write smart contracts on Casper network,
alongside various new features and functionality,
such as self-describing contracts and payable entry points.
Then some updates on the ecosystem side.
So since our last Xspace and in the lead-up to Casper 2.0 mainnet launch,
and even beyond, we've been working very closely with our ecosystem partners
on ensuring compatibility
with casper 2.0 first and foremost the major crypto exchanges were all very cooperative and
excited to support the protocol and most of them were already in the weeks leading up to the main
net launch there were a few that took a little longer than expected mostly because of internal
testing or issues found on their end after the mainnet upgrades.
But at this point, most of this has been resolved.
I know that MEXC still is going through internal testing,
and that's a question that comes up in the community
every now and then, and expects to resume deposits and withdrawals
in the next week or so.
While BitGo, for those of you using institutional custody,
is still optimizing some of their logic around staking, but is
otherwise fully functional. We're also happy to report that Ledger has an updated Casper app in
their internal verification process and expects to release it very soon, as well as an updated
version of the Casper Ledger live application. Speaking of exchanges, I had the pleasure to be
the guest for AMAs and Xpaces with many
of the leading exchanges in the past few weeks, including OKEx, which is tomorrow, Qcoin,
Gate, Bybit, and others.
And between them, I was able to share much about Casper 2.0 with entirely new audiences
comprising tens of thousands of listeners and participants.
It's been really encouraging to see how the broader crypto community has responded to our Casper 2.0 launch. Some examples of that, Matt and I were
just at ConsenSys in Toronto, where not only every single attendee we encountered appeared to be
familiar with Casper, but many were also aware of our recent progress, including the Casper 2.0
launch. The conversation around Casper is clearly shifting
and in a very positive direction,
which is bearing fruits in multiple areas.
For example, we are getting many, many more inbounds
from industry parties who want to work with us
or support the CSPR token in their ecosystems.
This includes some of the major exchanges
that are often mentioned.
We are, of course, responsive to thosebound inquiries, and we'll update the community as things develop.
Similarly, we are encouraged by the interest from builders and businesses who are eager to work on a blockchain that is designed for the real world.
We'll talk with some of them later in this X space.
Lastly, there are several events that you'll be able to find us at over the course of the
We will be in Istanbul for Blockchain Week.
We will deliver a keynote at Permissionless in New York City on the topic of how to build
a blockchain for real-world use cases.
And later in the summer, we will be participating in the Wyoming Blockchain Symposium, organized
by Kraken and Skybridge as part of the SALT conference series,
where we will be spending three days
with the top decision makers in our industry
and highlighting Casper's capabilities
in the context of real-world assets.
Finally, some updates on projects
launching on Casper in the very near future.
We are joined today by Aja of Router Protocol. The Router Protocol
integration with Casper Network recently went through a second audit round with Halborn
Security, and a final report is about to be issued while Router provides remedies for
the last remaining findings. With that, we expect Router to launch on Casper in the next
weeks and provide new bridging functionality between Casper and over 50 other
blockchains. And we're excited to hear AJ's updates on that shortly. We are also joined by
Maciej of Odra team. Odra is a critical contributor to the Casper ecosystem. Not only do they provide
the Odra framework itself, and I think they have a new release to announce today. They also provide the AI-based smart contract development environment, Corral,
but they are also involved in many of the smart contract development efforts
around third-party projects on the Casper network,
including casper.name and liquid staking.
Speaking of liquid staking,
with the new functionality that enables contracts to stake,
now live with Casper 2.0,
we are eager to announce the first liquid staking initiative on Casper Network.
The liquid staking contracts have completed their security audits with Halborn just late last week,
and we will make an announcement in the very near future about the go-to-market plans with an exciting partner in the DeFi space. Then I also mentioned CSPR.name, the name service
for the Casper network, where you can personalize your addresses
with easy to remember domain names, such as, for example,
Michael.cspr or Matt.cspr.
This project is nearing completion.
The smart contracts underpinning this project
are currently being audited by Halborn
and expect to come out of audit in a week or two.
In the meantime, the team at MADE is working on the user, so the retail-facing experience around CSPR.name.
And all this should launch towards the end of June or early July.
Then we are working with the folks at Wise Lending on bridging their real-world asset vaults over to Casper.
These RWA vaults allow end users to deposit stablecoins
and earn yields of up to 20% per year,
backed by real-world infrastructure such as cell towers.
The smart contracts for this are currently being worked on
by the Odra team, and the Make team is providing an SDK
for these and being integrated by the team at WISE.
Finally, we will learn more today about the collaboration we announced with AmeriCorp,
a leading provider of innovative technology solutions
in the hospitality, gaming, and parking industries,
and how they intend to bring the U.S. parking industry
on-chain with Casper Network.
The Casper integration of their solution
is underway as we speak
and expected to roll out to markets in the United States later this year.
But rather than hearing from me about all these things, let's spend some time with our guests or we can go back to Matt.
Joe, I'll hand it back to you to let us know what happens next.
Thank you, Michael.
Very exciting updates and lots going on for everyone to follow on with.
Again, if you have any questions, please leave those here and we'll get our team to answer those.
If you have any questions for our guests, please don't hesitate at all.
This is the best time to ask those questions.
So we can, Matt, I don't know if you have anything to add.
He was briefly disrupted, but I think we should move on with our guests.
So I am extremely happy.
I see Jordan is here, Joe, but he doesn't have speaker rights yet.
Okay, who do we want to speak next?
Who do we want to speak next?
We can figure this out live.
We can figure this out live.
I'm happy to go and speak with Jordan.
Jordan, can you hear us?
You need to unmute your microphone.
I can hear you now.
Welcome, Jordan.
Good morning.
I'm going to have you with us.
Just to follow form, I'll quickly introduce you Jordan. Everybody welcome Jordan Simmons, the CEO of AmeriCorp Investments. So welcome
Jordan, the stage is yours to give an introduction and speak about. So I'll ask you some questions
and we'll discuss the collaboration together.
So I'm very excited also that Jordan is here.
As you mentioned, Jordan is the CEO of AmeriCorp Investments, with whom we recently announced a partnership to bring the massive U.S. parking industry on chain on Casper Network.
Jordan, in fact, has been a supporter of Casper since day one and as an innovator in various industries, including gaming, privacy and commercial inventory systems,
such as those used in the parking and hospitality industries.
Jordan, really great to have you here.
Why don't we start with a bit of your background and how AmeriCorps ended up
developing all this impressive intellectual property.
Thank you for the warm introduction, Michael. It's a real pleasure to be here with all of you today.
I grew up in the world of real estate. My family's been in the parking business as long as I can remember.
I've worn just about every hat you can imagine in the parking lot, from a val to attendant, a supervisor to manager or an auditor,
you name it. Now on the surface, a parking lot seems like a simple business, but as anyone in
the industry knows, it's full of complexities. It's a high volume payment heavy environment,
or unfortunately there's countless opportunities for fraud and waste.
Over the years, I've worked with a wide range of systems and technologies, many of which
feel outdated.
During my time as an auditor, I got a deep dive and look under the hood.
I work closely with the revenue control equipment providers.
These are the folks behind the kiosks, the ticket machines, software platforms,
or access control systems that manage parking operations.
I also spent a fair bit of my career in the development and construction side,
helping build and manage commercial properties, including garages and public facilities.
helping build and manage commercial properties, including garages and public facilities.
The hands-on experience from operations to ownership gave me a unique perspective on how
parking really works, what it takes to bring a customer to a lot, and how to manage the experience
and what happens after they leave. And it's from this experience that the next chapter of my work was born.
I saw a gap, actually several, and I focused on inventing technology that I believe will close these gaps.
I've developed intellectual property that, once fully deployed, has the potential to
solve longstanding issues in the industry, issues we've simply had no way to fix
until now. One of the biggest breakthroughs, in my view, is the use of distributed ledger
technology. While no system will ever eliminate fraud, this approach can significantly reduce it
by creating transparency, accountability, and reliability in ways that old systems just can't.
By being able to incorporate blockchain, Casper, we are able to fix the unfixable.
At least I hope so. Throughout my career in the real estate and parking,
I've always been driven by one question.
How do we do this better?
And I truly believe what we're working on now has the potential to answer some of the biggest challenges in the industry faces today and prepare us for the demands of tomorrow.
Thanks, Jordan.
That's quite the introduction and obviously very clear that with your background, you have the exact insights required to really sort of disrupt this industry.
What kind of issues do you think blockchain can accomplish in the parking industry that cannot be done using existing centralized technologies?
centralized technologies? Well, for years, people have asked, what is a real use case for blockchain?
And I believe parking is one of them. In my career across parking and real estate,
I've always searched for better ways to improve outcomes while reducing costs.
And one of the biggest challenges I've seen over and over again
is a burden of compliance and transparency.
And that's where blockchain becomes a game changer.
Let's talk about common scenario.
In most cities, parking taxes
are a significant source of public funding,
supporting everything
from schools and libraries to law enforcement.
These taxes are collected by operators, held temporarily, and later remitted to municipalities.
But making sure those numbers match up with actual transactions has always been a manual,
time-consuming, and error-prone process.
I remember when city agencies would spend weeks
in our offices reviewing records and verifying every ticket and transaction and report.
It's costly and inefficient and frankly outdated. Even though today's centralized systems are much
more advanced than what we had 20 years ago, they're still not enough. And blockchain changes that. It allows us to record every transaction
with total transparency, capturing pricing, timestamps, discounts, and tax in a secure,
tamper-proof format. The value of that kind of data integrity is enormous, especially when trust is critical.
Some say we have systems for this, and sure, in some areas, blockchains may not be necessary.
But when you're dealing with money and compliance and the need for independent verification, blockchain stands alone.
It delivers real immutable records accessible, accessibly instantly, and from multiple verified
sources. The technology we're building today will redefine how this industry operates.
What once took days or weeks can now be done in minutes,
accurately and remotely. Cities can redeploy resources more efficiently and operators can
focus on servicing customers and not digging through old reports. The result will be huge
savings, faster processes, and greater confidence for everyone involved. There's many more examples that I could
give you from pay tech to autonomous access and charging to tokenization of parking spaces or a
garage. But the one we went into earlier is clear and it's a clear powerful one.
clear powerful one parking is no longer just a simple business it's a proving
ground for future transparent accountable infrastructure and blockchain is
leading the way Thank you, Jordan.
Can you hear me okay?
Yes, sorry.
I was speaking and I was not realizing I was on mute.
I'll start over.
I wanted to take this into a little bit more of a specific direction for the U.S. parking industry, Jordan.
Why do you think the U.S. parking industry specifically is so primed for innovation?
And why do you think blockchain-based solutions can make such a difference in this industry?
At first glance, parking seems like a super simple business.
But in reality, it's surprisingly complex.
For starters, it's highly localized.
Every city and often every neighborhood has its own rules and regulations around parking.
There are different agencies involved enforcing these rules, and there's others handling taxes and fees.
In some cases, a single parking transaction might be subject to multiple layers of taxation
from different entities. Then there's a sheer number of players involved.
You've got the lot owners, the operators, who are often not the same people, the technology providers who manage access and payments, the aggregators who resell parking inventory, and I could go on and on.
You also have the venues where this inventory is sold, like concert halls or stadiums.
And as I mentioned earlier, there are local governments that regulate all of this.
On top of that, these same venue enterers expect a share of revenue, which may be governed by a
separate tax rule or even tied to a municipal bond financing deal. So yes, a lot of moving parts,
a lot of stakeholders. And most of these parties operate in what we like to call an environment of trust.
But let's be honest, that usually means an environment of distrust, which leads to constant
reporting, constant reconciliations, and ultimately a whole lot of auditing.
Let me give you an example.
Imagine you're a parking operator, a parking, let's say a parking aggregator, a company that sells parking spots on behalf of
parking lots. Right now, there's no reliable way for you to know if a customer who booked through
your platform actually showed up parked and how long they stayed. So when the parking operator
tells you that only 60% of your customers showed up, you have to just take their word for it.
There's no way to independently verify it.
On the flip side, these aggregators are being watched closely.
Operators want to know how much they sold each reservation for.
And they needed certain parking rates and brands are not being undercut or misrepresented
by third parties. The data can get messy since reporting comes from multiple systems,
often corrections made by employees, which includes mispricing or credits, and it's often
hard, sometimes impossible, to piece everything together accurately. These are two examples of what our technology is
designed to address. Our intellectual property makes it so all the parties in the parking value
chain have reliable and irrefutable data for the specific needs and roles in the value chain.
Considering the tens of billions of dollars flowing through the parking industry annually,
you can imagine the real-world impact accurate and reliable data can have on profit margins and business efficiency for all stakeholders.
So you mentioned your intellectual property a few times.
I know that AmeriCorps has an IP portfolio that spans use cases among several industries.
has an IP portfolio that spans use cases among several industries.
Since our listeners might now be plowing through the dozens of lengthy patents that are published
under your name, can you perhaps help them along and describe some of the highlights
and how they may apply to what AmeriCorp and Casper are doing together?
I recognized early on that decentralized networks provide unique capabilities that can address age-old inefficiencies in industries that are highly or very locally regulated and deal with many stakeholders who need to rely on each other's data but have no good way of trusting the data.
It so happens that several of the industries that me and my family have been operating in for decades, parking, hospitality, and gaming are prime examples of such spaces.
So in 2017-ish or earlier, I set out to develop solutions that play to the strengths of blockchain technology and address the traditional soft points in the value chain of those industries.
In the gaming space, that means that through our subsidiary, Aero Gaming, we have developed
blockchain-based intellectual property, which includes all kinds of gaming, from casual gaming
to casino gaming and everything in between. In the hospitality space, which parking is a component of,
In the hospitality space, which parking is a component of, but also overlaps with hotels and casinos, for example, we identified the commercial inventory systems as one of the greatest challenges.
With the commercial inventory, I mean things like a hotel room or a parking space.
Our IP portfolio contains patents which deal with multiple sectors from finance, insurance, and security, to name a few, all protecting private information while complying with regulation.
for me to develop a blockchain-based system
that had every step needed
from parking a car to renting a hotel room,
from playing in the casino
to sharing personal information
for who gets to see your personal information
before and after gameplay
and how that is done.
As I put together the invention
for the future product I intend to deliver
or license to companies
that are going to
deliver them. A lot of work has gone into this, Michael. Yeah, I know. I know. And I've been
following your work in that space for quite some time. And it's impressive. And for those of you
who know your way around patents, if you look up AmeriCorps or Jordan Simons, the portfolio of IP around this space is just mind-boggling.
So truly impressive, Jordan.
Let's talk about rollout because ultimately that's what it's about, right?
Like how do we roll out this new technology?
How do you envision that?
We're currently working on building the MVP solution of the blockchain-based parking technology.
As mentioned in the announcement, the goal is to have this rollout in one or two markets in Q3 of this year,
via partnerships that we have in those markets.
That will be our first commercial trial and will involve working with each of the stakeholders
in the value chain that I described earlier.
From there, we will roll out both vertically and horizontally.
Horizontally meaning to more markets across the United States.
By vertically, I mean working with more operators
and markets we're already launched in.
And the goal is to demonstrate the power of the technology to the other parking lot owners and operators and local authorities whom we work closely with.
That this solution provide much needed clarity and efficiency in the value chain, ensures that the stakeholders receive
exactly what they're owed and demonstrate trust.
All this is paired with our strong IP portfolio.
And I'm very, very excited about this rollout strategy.
As are we, Jordan.
And maybe to wrap this up, can we talk about why you chose to go with Casper for this solution and perhaps also why now?
Casper, I recognized an approach that was very much in line with how I believe blockchains
should build and function. The differentiator for me with Casper was the plan, which has now
become a reality with 2.0, and the ability to upgrade smart contracts on the fly. When I was
doing my research on the different blockchains many years ago, I realized the importance of being able to upgrade a smart contract on an as-needed basis. I could not find any other blockchain that was actually planning
to deliver this key capability. It's not possible for a business like the parking business with high
transaction counts to not be able to upgrade rules as rules change. And all of our technology and IP development,
we have put tremendous amounts of emphasis
on things like privacy and access controls
and how you can ensure that an inherently open technology
like blockchain, you can still ensure
that only the right parties have access to the right data
and functionality works within compliance of regulations.
And Casper shared that philosophy from day one, and that's why I became a supporter,
and I've remained one for the past four plus years.
The why now question has a dual answer. First of all, we believe that innovations introduced in Casper 2.0 are what's needed to roll out our solution at scale across the U.S. parking industry and ultimately beyond.
The U.S. parking industry is as real-world as an industry gets.
We're dealing with land, local regulations, sometimes cash payments, and point-of-sale technology.
And Casper 2.0 is designed to address real-world use cases like that.
We've been approached by quite a few other blockchain ecosystems, but none were able to address our real-world business needs the way that Casper does.
And secondly, we believe that now is the right time to start rolling out these kinds of solutions.
Until recently, blockchain was either a dirty word or an unknown out there in the real world, certainly in non-financial industries.
It has taken quite a bit of time for traditional real-world business owners to wrap their head around distributed ledger technology.
Excuse me. real-world business owners to wrap their head around distributed ledger technology and what it can do in terms of efficiency and transparency and reliability.
I believe we have turned the corner recently and we're entering a new wave of real-world adoption of blockchain technologies and industries that traditionally were adverse to it. We
intend to lead that new wave specifically in parking, hospitality and gaming
industries and I'm excited to have partnered with Casper Network to lead
the change. Thank you so much Jordan We are equally excited and thank you again for joining us today.
I'd love to invite you back in the near future as the solution that we're building together
gets rolled out and hope you'll join us again for updates and insights on
this massive innovation in the parking industry.
Absolutely. I'm very proud to be part of this community.
Thank you for having me here today.
Thank you so much, Jordan.
Joe, back to you, please.
Thanks, Michael. Thank you, Jordan.
Very exciting to see Casper collaborate with your company and get into the parking industry.
And on to our next guest.
But first, again, we must remind you that you can
leave a message and ask us a question. If you have any questions for Jordan,
Amir Corp, or our next speaker, who I'm about to introduce, please do leave them here and we'll
get those answered for you in real time, which is really exciting. I think you'd agree with that.
Without any further ado, I'm going to introduce our good friend,
Marche from OdraDev,
who has some exciting announcements
around Odra and Casper
and everything they have going on.
So I'll hand it over to you, Marche.
It's a pleasure to welcome you back
to one of our X spaces.
How's it going, Marche?
Hey, good to be back.
Brilliant.
Can you hear me just fine?
We can indeed.
All right.
It's been some time since uh
i have uh provided an oddra update so let me give you that uh so over the whole
casper 2.0 development time which was a few months uh we have been working on keeping odra up to date with casper code and that allowed us to catch all a few bugs and we were able to keep up with the new features from casper 2.0 so when the
when when casper 2.0 is released we are ready with other new versions of odra
ready with other new versions of odra and this is what happened today with today we released
odra 2.0 that contracts compiled using odra 2.0 can work on casper 2.0
so despite all the breaking changes between casper 1.5 and Casper 2.0,
Odra API looks exactly the same.
So this is something I'm really proud of.
So we were able to keep the code exactly as it is.
That means upgrading smart contracts from previous version Odra to 2.0 is just updating the library.
Everything should work out of the box because that was the whole purpose of Odra, to have the higher level abstraction that is going to handle all the complexity uh yeah so this is this is what uh what i really wanted to uh to announce
the odra 2.0 but i also would like to mention uh that soon we will as michael mentioned soon we
will release liquid staking contracts this is the the feature of Casper 2.0 I'm the most excited about.
What it does, it allows contracts to delegate tokens to the given validator.
And that unlocks a lot of fun, I think, because we will,
I hope we will see a few different liquid staking contracts because now it's
very easy to write them.
And after we release our code for smart contract that does the first version of how we see
it, developers will see that indeed this is simple to do and it should be possible to bake it in into maybe every product that is on top of
that is built on casper so whenever you have a contract that holds the casper tokens you can also
stake them and unstake when you need it so i expect a few liquid staking contracts to compete with each other.
I hope that's going to be a really nice market.
And I just want to jump in there, Maciej, and sort of amplify how powerful that is, right?
Because you're right.
Like, we're expecting to have a first-party launch a liquid staking offering on the Casper network.
But this functionality is available to anybody
who's building on the network.
And whether it is to build a liquid staking token
and that kind of offering, or whether it is about simply
building staking yield into your tokenomics, right?
Like you may have something that has nothing to do
with liquid staking, but as you said, your contract holds CSPR
from other sources, other purposes,
you can now basically manage that CSPR, put it into staking,
and pull it out as you see fit, and then actually
have the yields or the rewards that come from staking
and build that into the economics of your application.
Thanks, Michael.
Like, it will be really exciting to see what, how, what will the community will do, whether we will all convert into like a single staking contract that we all will
decide, okay, this one is the best and like, we don't need any more features or,
or will there be like a few that compete with each other on features?
Very interesting.
And with that, I would like to end.
So thank you.
And develop using Odra.
I think many of us are.
And I can attest out of personal experience
that I was able to take 1.x Odra code and then upgrade
to 2.0, and everything worked out of the box.
So very impressive work as always, Maciej.
Thank you for joining.
I believe our next guest, I would tell everyone to ask questions if they have any, but everybody knows that by now.
So let's move on to our next guest.
Next up, we have AJ from Router Protocol, or if you're in America and most other places is Router Protocol, but i believe it's router protocol in england anyway um we'll introduce aj um aj welcome to our x space and um
i'll hand it over to you hi joe hello everyone thanks joe thanks uh casper for hosting us again
thank you uh a bit of updates from router protocol so So as Michael had mentioned in the beginning, the first set of report for the first audit
had come in and they suggested some fixes.
We have almost completed those fixes.
And the good news is that by another two or three weeks, we shall be completing everything.
I mean, around the audit, which is suggested and also the integration part of it.
So within maximum three weeks, you shall see Casper live on a router mesh of networks.
So that is one good news, which I wanted to share with everyone.
And apart from this, I think all aspects are going perfectly fine,
as we had emphasized, and we are on a good path.
Amazing, AJ.
Two things.
First of all, I want to express my appreciation
for you being on this call, because I believe it's like 2am or something for you where you are, right?
A bit late, yes.
Yeah, so thank you for taking the time in the middle of your night.
I know the Casper community appreciates it very much.
Then secondly, maybe you can, can you tell us a little bit more,
just news around Router?
Are there exciting new features, integrations,
networks that have been added?
Like what should the community expect?
It's been a while since we've sort of gone over
like what is router and what do you guys do
and what are the sort of the innovations?
So if there's anything new that you want to share with us,
then that would be lovely.
So, I mean, a small brief about router again.
I mean, I think yes, you're right.
I mean, we've been quite some time when last we had probably had come on the spaces.
So router protocol is actually an interoperability protocol.
So what it means in a nutshell is that we connect any blockchain with any.
So why router is a great technology because we are any vm
resistant that means that any avm can be connected to any non-evms for example now casper can get
connected to our mesh of 50 plus blockchains which includes um bitcoin solana, the popular EVMs, Sui, to name a few, Near, Tron.
And in this category, Casper is going to figure in.
That means that a user from any of these chains can move his assets in and out of Casper.
And as mentioned before,
also we have a few products in our suite
and one of them is actually,
it's an intent-based solution.
So whenever a user intends to move any of his assets,
that is what we are capable of doing.
And in fact, it's any kind of a DeFi activity
if a user wants to do because that
is a very complex kind of a multi-step process for a user to follow for example now you guys
order was just saying that you know they are wanting to do the liquid staking so now if a
user has from any other chain has to come in and stake a CSPR into order.
So that is a multi-step function or process.
That is what we ease out.
We make it very, very user-friendly.
It's a single flick generally what we create.
And once the integration with that.
So just so I understand this, and I think I do.
So in normal bridging solutions or other bridging solutions, right?
Like let's say you wanted to bring an asset over from another chain to Casper and then stake it in a liquid staking protocol.
The multi-steps would be you go to a bridge, you bridge over your assets, then you wait for them to arrive on Casper as the destination chain.
And then you go to like some liquid staking uh the app and then you
put those casper tokens uh in there right uh that is the multi the multi-step approach what would
you yeah in fact the first in fact the first step michael is that you know the user with any asset
actually uh can swap it i mean we will do it for them. So for example, if a user is coming with a stablecoin,
or for example, if you do it from hypothetically from say Arbitrum and this user has got ARB on
him, he doesn't need to bother about that, you know, how ARB is going to get converted on CSPR.
So essentially with the intent-based solution, you can do everything in one step, right?
Like you basically swap into Casper bridge and stake all in the same sort of single one click solution, essentially.
Which is really powerful.
Yeah. We build adapters, yes. No, we're excited about that because that's a real nice avenue to bring sort of TVL in from other chains
and make it super accessible to participate in things like liquid staking
and in things like the real-world asset vaults with WISE and stuff like that.
So excited about that.
But I'll let you continue.
So, and another thing which we have been working for
password month, month and a half is something called Nitro Buy.
I mean, so actually we realized that, see,
the moment a user hears the name bridging,
they get very wary about why should we move our funds?
And generally they are not happy,
but they're almost contented into being into one particular ecosystem or one chain.
So what we have done is we have created a new UI for router where for example you go
to generally if a user if we generally sees a trending asset, trending token, any kind of a token, it can be an altcoin or it can be a meme coin or an NFT, whatever.
So generally they see and then they go to Dex Cleaner, they see what is the performance and then they come back and look for a Dex or a centralized exchange generally where you can buy those assets.
like exchange generally where you know you can buy those assets so we realized that we actually
you know are doing the same thing where a user can if you don't talk about bridging a user needs
to buy it needs a platform where they can buy any any of any of these assets so what we have done
is we have created this new ui i mean it's about to get shipped where a user from
any chain with any asset can come in and buy. It's simple. I mean, the way you go on a centralized
exchange and buy any asset, that is a possibility. Now, for example, a CSPR token, the moment we
list it on this, a user from any chain can straight away come in and buy in. So it's literally
like a buy page for any asset.
So that is something which we are really, really excited about because ultimately a user will not
realize what is happening in the background, in the backend, how the technology is moving
the funds and ultimately giving that user what he is desirous of. So this is something which is
going to get shipped maybe within another two, three weeks.
That's super exciting.
And that really sort of speaks to the way that we also view how blockchain must evolve, right?
Where the user shouldn't be thinking about like, right now, if you're in DeFi, you're thinking about like, what route is the best route for my bridging transaction and my swap to take place right and that's that's just not how this is going to get adopted in the real world by uh by the world
population right so exactly making it completely seamless and and taking this entire topic out of
like the mind of end users uh that's exactly what we believe needs to happen with uh with blockchain
for to really find real world and mass adoption.
So excited about that.
So yeah, that is what we've been really focusing on,
you know, ultimately having a very easy user journey,
having a very easy UX for any user to come in.
In fact, today only we announced a very important partnership.
This is with one of AI companies called Asynchronous.
Now what these guys do is they,
it's like, you know, they will
they will find integrations in the sense that they can predict
an asset, how its performance is going to be depending upon
a lot of things.
For example, how the mindshare is,
what are the teams, what are they building?
And they will give you kind of an accurate prediction,
not exactly 100%, it can't be there.
And we realized that now once a user comes in
and whatever, they're doing their own research,
we are going to help them by this integration.
It sounds like I may need to take that out for a drink sometime.
Asynchronous team is going to bring in all those details about,
for example, now CSPR is going to come in.
And it's there with whatever you guys are doing.
And it sees the entire, right from the social media,
the mind chair, everything it captures,
and then gives a prediction of how this asset is going to put up.
So that is somehow.
JOHN MUELLER
Yes, definitely.
Really, really cool.
Thank you again for joining.
I know we have only five minutes left of our slotted time here.
Joe, do we have any questions or did you want to wrap up?
Well, despite the numerous call for questions, unfortunately unfortunately we don't have any questions here today but um if you do have any this means that we were very
informative so it's all good i agree yeah it must be it must be that um yeah so i'll i'll wrap up
here um so uh thanks uh for everyone who joined in today and a big thank you to all of our speakers for sharing their time and insights.
And thank you, AJ. I know it's late there, as you said. So a huge thank you to our speakers.
Thanks to everyone for being a part of our amazing community.
And it's obviously really exciting here to see the Casper ecosystem grow and continue to evolve.
here to see the Casper ecosystem grow and continue to evolve.
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Eggspace partway through and want to listen back,
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Thanks, guys.
Thank you, everyone, for joining. We'll see you in the next one see you soon