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Casper 2.0 launches on the mainnet, with a real world asset focus

Jayson Derrick
Edited by
News
Casper 2.0 launches on the mainnet, with a real world asset focus

Casper 2.0 has launched on the mainnnet, with the goal to power decentralized applications for real-world assets.

The race for dominance in the real-world asset space is heating up. On Tuesday, May 6, the Casper Association announced the launch of Casper 2.0 on the mainnet. The goal is to establish a platform tailored for RWA applications, one of the most promising use cases for blockchain technology.

Matt Schaffnit, CEO of the Casper Association, said the upgrade aims to provide a developer- and business-friendly environment to accelerate RWA adoption.

“With instant, deterministic finality, native upgradability, and built-in access control, we’re enabling a new generation of applications that secure identity, ownership, and value across industries. I’m especially excited by the growing momentum around real-world use cases now possible on Casper 2.0.” Matt Schaffnit, Casper Association.

Casper 2.0. brings instant finality, upgradeable smart contracts

The new version of the Casper Network introduces several enhancements focused on improving the developer experience and driving adoption. One of the main updates is the introduction of Zug consensus, which delivers instant finality to transactions, crucial for legal certainty and improved user experience.

At the same time, smart contracts on the network will be able to change natively. This means that developers won’t have to use complex and risky workarounds to update the contracts when legal or technical requirements change.

“By design, Casper 2.0 enables real-world asset transactions to settle instantly, businesses to implement access controls that mirror reality, and applications to seamlessly upgrade as regulations evolve. Casper 2.0 allows developers to focus on building applications, not engineering around limitations,” Michael Steuer, Casper Association CTO.

According to Steuer, the network is built to support real-world assets by integrating legal and operational structures that reflect those used in traditional industries.