Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][CLO] Callisto Network
by
Sithcs
on 05/07/2018, 06:53:53 UTC
Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.
so it means all those clo coin  you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.

Thank you, sir, for this addition. Now this point in the article has become almost understandable. I will read further and, perhaps, I will have some more questions.