Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][CLO] Callisto Network
by
TIXON9I
on 12/07/2018, 12:19:26 UTC
Good afternoon, one of the unique features - Callisto is Cold Staking. What is the difference between Cold Staking and Masternodes?


Though running a master node certainly has its advantages (both to the network and the person hosting it), its barriers to entry put it beyond the reach of the average crypto enthusiast.

Consider for example, Dash. You would need to deposit $278,000 worth of Dash (prices at the time of this writing) in order to run a master node on Dash’s network.
Then, you would have to configure a server or a VPS to host the wallet on that master node and leave your stake on their network for a set period of time, typically one year.