CasperLabs launches scalable POS blockchain on test network

CasperLabs, an open source blockchain project, announced the launch of its node version 0.2 and its blockchain local token Ectoplasm, which has hired 21 engineers to take full charge of the project. It is reported that the ultimate goal of CasperLabs is to successfully build a secure blockchain that relies on PoS rather than using fragmented PoWs.