Vlad Zamfir, an Ethereum Foundation member, is now working with CasperLabs in a major capacity. According to a press release, Zamfir will act as Lead Consensus Protocol Architect, and his Casper CBC protocol will be used to launch a new blockchain that will compete directly with Ethereum.
What Is Casper?
Casper is a proof-of-stake mechanism, a type of consensus protocol that allows coinholders to collectively determine blockchain consensus and validity. It provides an alternative to proof-of-work mining, which is currently used on many blockchains, including Bitcoin and Ethereum—although Ethereum will implement Casper eventually.
However, Zamfir has been in competition with Ethereum creator Vitalik Buterin, and each is developing their own ideal version of Casper. While Buterin has been working on Casper FFG, Zamfir has been…