CasperLabs will be an indirect competitor to Ethereum as it endeavours to deliver the much-anticipated Casper protocol upgrade. Vlad Zamfir was leading a popular version of Casper (CBC) at Ethereum, helping the network to rely on stake rather than computing power to achieve consensus, as well as addressing scalability issues. CasperLabs is focused on offering the upgrade as soon as possible – offering Vlad Zamfir a fresh, more focused platform. CasperLabs just want the world to switch to proof of stake. They have a dev team that’s solely focused on accelerating it. Vlad Zamfir has so far signed an IP licensing agreement and a letter-of-intent with CasperLabs, while a final contract is pending. CasperLabs is making a multi-year, multi-million dollar commitment to continue to fund Zamfir’s research into CBC Casper.