CasperLabs is a decentralized blockchain and smart contract platform that scales according to actual application needs and simplifies the experience for developers and end users; it is a Layer 1 expansion solution; the mainnet will be launched in 2021 Launched in the first quarter, the public sale of Casper native tokens will be held at the same time.

CasperLabs is committed to delivering the much-anticipated Casper protocol upgrade, focusing on reaching this upgrade as soon as possible, providing a more focused new platform for Vlad Zamfir, who led the CBC project at Ethereum. The network relies on PoS rather than computing power to reach consensus and solve scalability issues.

CasperLabs has a development team focused on accelerating PoS implementation. Vlad Zamfir has signed an intellectual property license agreement and letter of intent with CasperLabs.