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Author Topic: KYC Casper Token what is it?  (Read 177 times)
Armadeus (OP)
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September 08, 2018, 01:06:55 PM
 #1

Do anybosy know what is the KYC Casper Token?

Today it was deposited to all eth wallets.


Aniadec
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September 08, 2018, 01:47:58 PM
Merited by daladno12 (1)
 #2

this is the test of Ethereum Casper protocol (I guess)

Casper has implemented a process by which they can punish all malicious elements. This is how POS under Casper would work:

The validators stake a portion of their Ethers as stake.
After that, they will start validating the blocks. Meaning, when they discover a block which they think can be added to the chain, they will validate it by placing a bet on it.
If the block gets appended, then the validators will get a reward proportionate to their bets.
However, if a validator acts in a malicious manner and tries to do a “nothing at stake”, they will immediately be reprimanded, and all of their stake is going to get slashed. (Full article here: https://blockgeeks.com/guides/ethereum-casper/)
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