I still have a few question I hope you can answer for me.
1. What is the current and theoretical max TPS on the network, and what creates those limitations?
2. How do transaction fees work on the network? Is there a fixed per bit cost in CSPR or does it have variable “gas” fees based on network traffic?
3. How are validators/ delegators rewarded? I noticed there are only 100 validators, is this a purposeful cap?
4. What language(s) are the smart contracts on the network coded in?
5. What are some of the top products/services/projects currently on the network?
Looking forward to your response.
Hey K M 1. Currently, the system is set to allow up to 1250 wasm-less transfers and 50 wasm deploys per 32.7s block. So this is just under 40 transfers per second and 1.5 wasm deploys per second.” -Joe Sacher 2. Casper 2.0 will also have a gas stabilizing fee for very large use cases i.e. minting hundreds of thousands of NFTs. 3. Yes only the top 100 validators are eligible to receive rewards. CSPR has an 8% per year inflation to reward validators. Although this can change in the future if it receives enough backing for it. 4. Contracts are coded in WASM. 5. Some notable projects and collaborations are: IBM, IPwe, Google Cloud, there are far too many to list in the message. Feel free to scan through the pinned messages. For further technical questions, or if you want to find more clarity you can head to the official Casper Discord and use #askCasper https://discord.gg/casperblockchain
Thanks for the reply, it was very informative and I see some projects pinned to check out. I noticed the network seems to be very centralized in its product branding, like the marketplace being called cspr marketplace. Is this because it is developed by the core team at cspr labs? Dont get me wrong, branding all products around the name cspr has its marketing benefits, just curious if the marketplace ( and other cspr-named products) are all developed by the main team or by community devs. Also one point of clarity. currently how are transaction fees calculated? I understand CSPR 2.0 will have a gas stabilization mechanism, but that doesn’t answer the underlying question of how are fees determined in the first place.
It might be best to ask these questions on the official Casper Discord. I’m sure you’ll find more insightful engagement on these technicalities there Just use #askCasper channel: https://discord.gg/casperblockchain
Right now it is very centralized in many ways. Long-term is decentralization but how this will look... I think nobody knows. This is the same for other projects AFAIK so not unique to Casper.
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