Events, Technical Progress & Live Q&A | Casper X Space Recap, July 1, 2025

We hosted our fifth X Space of the year, sharing the latest ecosystem updates and upcoming initiatives. Casper Association CEO Matt Schaffnit and CTO Michael Steuer covered highlights from recent conferences, technical progress, and growing opportunities for real-world adoption.

If you missed the live session, you can listen to the full recording on our X account to catch every detail firsthand.

Updates from Matt Schaffnit — CEO, Casper Association

Matt began by expressing gratitude to the Casper community, builders, and supporters, acknowledging their ongoing participation in the Casper journey.

He noted that this was the fifth Casper Network X Space of the year and announced a short break for August, with regular sessions resuming in September.

Matt reflected on recent ecosystem engagement, highlighting his attendance at the Crypto Valley Conference in Zug, Switzerland, where he connected with founders, investors, and enterprise leaders from well-known blockchain projects.

He also shared insights from attending Istanbul Blockchain Week, where he met face-to-face with Turkish team members, local validators, and potential partners. Local builders showed great interest in developing new use cases on Casper, with our RWA focus resonating with the vibrant blockchain community in Turkey.

“I had a really good experience. Some of the more interesting discussions were coming out of the event, including a round table around real-world assets and opportunities with stablecoins. I met a handful of folks eager to help bring devs and builders to Casper from their ecosystems and excited about our tech. That was refreshing. Being able to see people face to face makes a big difference,” Matt remarked.

He also emphasized that Casper’s focus remains on governance improvements, engineering innovation, and delivering real-world applications.

If you’d like to stay connected and meet the Casper team in person at future conferences and events, be sure to explore our upcoming event schedule.

Updates from Michael Steuer — CTO, Casper Association

Michael began by thanking the community for their heartfelt support after the passing of his father, saying he was deeply grateful for the many messages during the past few weeks.

“Following the launch of Casper 2.0 over a month ago, the team has been working on multiple parallel releases. A patch release for delivering further improvements and optimizations is now undergoing testing on DevNet and will soon move to the integration network, then testnet,” he announced.

“If all goes smoothly, the upgrade will be proposed to mainnet validators for activation later this month. Alongside this, development of Casper 2.1 is advancing, which will activate a new virtual machine on mainnet.”

The release of Casper 2.1 activates Casper’s multi-VM capability, allowing multiple execution environments to coexist on the same layer without rollups or other workarounds. Michael highlighted this as a breakthrough that can open the door to a wide variety of parallel execution environments optimized for specific use cases or programming languages.

To support all of these upgrades, updated reference implementations for token standards like CEP-18 and CEP-78 are being finalized. These are currently under audit by Halborn Security and will roll out with the upcoming patch release. Additionally, a new NFT standard, CEP-95, is being developed with the Odra and Casper teams. CEP-95 aims to reduce complexity while improving performance, extensibility, and compatibility and will be fully supported by tools such as the explorer and wallets.

Turning to ecosystem tools, Michael shared that the team at MAKE has been very active. The cspr.live block explorer was upgraded to version 2.2, improving transaction, delegation, and undelegation functionality while adding support for the upcoming CSPR.name service. In parallel, the Casper Wallet was upgraded to version 2.1 with a new context-aware signing feature. The wallet can now recognize what type of transaction the user is signing and provide a clearer, more transparent interface.

The 1,000th pull request on the CSPR.cloud middleware layer has been made recently. CSPR.Cloud empowers app developers with a high-performance, easy-to-use interface to access on-chain data. Michael encouraged developers to check out the documentation to get started building.

He then turned to the launch of CSPR.name, a naming service soon to go live, enabling users to register human-readable .cspr domain names like alice.cspr and map them to their public keys, while each domain is represented as an NFT that can be traded on marketplaces such as cspr.market. Michael explained that accounts using a .cspr name will be labeled automatically in ecosystem products, and future updates will include subdomain support for organizational needs. The service will be fully integrated with CSPR.cloud and CSPR.click from day one.

Michael outlined how Casper 2.0 introduced smart contract participation in staking, paving the way for liquid staking. Wise Lending will be the first to launch this on Casper, with a rollout planned for later in the summer.

Liquid staking means users can earn staking rewards while still keeping their tokens liquid for trading, liquidity provision, or other uses. Michael explained that Wise Lending is also collaborating with Odra to bring their real-world asset vaults to Casper, offering APYs around 20%, backed by global cell tower revenue.

He also noted recent ecosystem progress from Friendly Market, which completed upgrades to its smart contracts and backend to benefit from Casper 2.0 features.

Michael highlighted the partnership with AmeriCorp Investments to develop blockchain-based solutions for the $144 billion US parking industry, with efforts to streamline multi-party transactions and explore asset tokenization. The development team is preparing an MVP in several US markets in Q3, with strong interest from parking operators outside the US as well.

He also provided a roundup of ecosystem infrastructure. Ledger rolled out updated versions of its Casper app and Ledger Live client, seamlessly adding Casper 2.0 support, and Crypto.com now offers CSPR custody services for institutional clients.

Michael will speak this summer at the Wyoming Blockchain Symposium to continue advancing Casper’s presence in the industry.

Community Q&A

Q: After the AmeriCorp partnership announcement, have any companies shown interest in collaborating or partnering with Casper Network?

A (Michael): “I mentioned in my update, we are fielding interest from parking industry companies around the world who are interested in participating in and contributing to this initiative that we announced with AmeriCorp, and this is very much a direct result of the partnership announcement. So, once these things are formally materialized, we will, of course, announce them to the community.”

Q: What percentage chance would you put on Casper being listed on Binance by year-end?

A (Michael): “That feels more like a question for prediction markets, so I’m not going to put a percentage on that. All that I’ll say is that I think that percentage is higher this year than it was last year.”

Q: How many new, real use cases onboarded in 2025 would you consider a success, and how many would you consider a failure?

A (Michael): “I love that question. So Matt and I set ourselves the target of onboarding and launching one major real-world use case each quarter. The first one will, of course, be the parking industry launch next quarter. The very simple answer to your question is as follows: fewer than one per quarter would be a failure. We would have missed our targets. One per quarter would be a success against our current target, and more than one per quarter means that we have to adjust our targets up.”

Q: What kind of volume and impact is the partnership with AmeriCorp going to have on the network?

A (Michael): “Volumes are always hard to predict, as you might imagine, the volume of transactions in the parking industry is massive. Originally, we were only looking at the US market. However, we are also going to crawl, walk, and run with this. We’re launching an MVP in a couple of markets, and then building out from there. We believe that in time, we can capture a significant share of the market, especially as we’re proving the value to operators and municipalities alike. This very old industry is absolutely ripe for disruption for a solution that addresses the massive loss of efficiency and revenue and overheads that is truly very prevalent all throughout the parking world.”

Q: What aspects of the Casper blockchain and network differentiate Casper from the multitude of other layer ones?

A (Michael): “ I believe that we address this in a lot of detail in our collateral around the Casper 2.0 launch. I’m not going to go into the same level of detail here, but I recommend that the asker or others who are interested visit our website, where it’s all very neatly laid out. But I can confidently state that, unlike many other protocols, Casper is designed from the ground up to enable real-world integration with real-world companies solving real-world problems. This means things like developer accessibility for the tens of millions of non crypto native developers out there, upgradable smart contracts that evolve with changes to regulation or business conditions, access controls that can mirror real world constraints as you would get any real organization and instant finality that does away with this whole let’s wait for 64 confirmations business that really doesn’t work for real world transactions.”

Q: What are the key pieces missing, e.g., liquid staking, and when do you expect the puzzle to be complete?

A (Michael): “One of the things I’ve learned in my 30 years running software companies is that the puzzle is never truly complete. Markets, regulations, industries, and culture all change, and the same applies to blockchain. Casper still has key pieces to strengthen, like access to more stablecoins, more decentralized trading options, and cross-chain functionality. But what’s considered critical today might not be tomorrow. There’s a lot of hype chasing in this industry, with new trends every year. We focus instead on building enterprise-grade, reliable blockchain infrastructure that real businesses can use for mission-critical processes, and that will remain our priority.”

Q: What sort of visible activity can we expect to see from the sales and marketing team in the near future?

A (Michael): “Our ecosystem team is very active across multiple fronts. We just launched a major new protocol version with strong interest from exchanges worldwide. The team handles partner relationships, go-to-market strategies, and onboarding new partners, while also engaging both the broader blockchain industry and local developer communities through major events. Recently, Matt and I attended Consensus in Toronto, followed by Istanbul Blockchain Week, and we’ll be present at Korea Blockchain Week, Token 2049 in Singapore, and the Wyoming Blockchain Symposium later this summer. The ecosystem team also produces content, maintains developer documentation and guides, and manages our social media and community engagement. So there’s a lot they deliver both visibly and behind the scenes.”