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CasperLabs Releases Its 2nd Public Incentivized Testnet

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CasperLabs has announced its second incentivized testnet with a toolchain that allows developers to test and access the full feature set of the Casper network. These include Casper consensus, meta transactions, WASM smart contracts, and more.

The Casper network is said to be a layer one Proof-of-Stake blockchain, the first provably live and safe version of CBC Casper, that is designed for real-world applications without sacrificing usability, decentralization, security, or scalability.

The beta release features a number of developments deployed at protocol level that further Casper’s vision to enable a fully secure protocol design. With this release, users can now take advantage of a host of features including stable pricing, flexible payment, weighted key management, contract updates, and additional features that are not accessible on the EVM at present.

Medha Parlikar, CTO of CasperLabs, notes: “I believe software has always been governed and we have been building the features that enable this governance at the protocol level with full transparency. The governance of DeFi protocols is significantly more critical than traditional software because of the value locked in the protocol.”

Additionally, using the Casper proprietary Solidity transpiler researched and developed by the team at CasperLabs, developers can now port an existing Solidity contract, test Casper’s network, and examine how their contracts will run in a wasm environment.

According to the company, this beta Testnet will not only provide a stable interface for smart contract authors to build against using Solidity, Rust, or AssemblyScript, but will also enable the creation of contract packages, upgrades, and contract versions.

CasperLabs is inviting the public to join its second Testnet by stress-testing the network and playing a part in finalizing the novel Casper consensus.