Re: [ANN][POW][CLO] Callisto Network

When it is planned to conduct a hard fork Cold staking. Can someone give me the exact information?

The planned Callisto hardfork No. 1 (11 November 2018) enables the cold staking protocol. 10% of the total volume of CLO emissions for the entire time of the initial stage of launch will be deposited into the staking contract. This allows early cold stakers to receive an initial reward as if they were staking during the initial stage.

The First Stake offers the highest reward for the earliest stakers.
The amount of staking reward will decrease with time to the normal staking reward amount of 20% of treasury pool.

Total treasury fee at this stage is 30% which includes:

● Development funding: 10%
● Cold staking allocation: 20%

Thank you for your exhaustive answer! Last question. When will the final hard fork, after which the network will begin to function in full?

The planned Callisto hardfork No. 2 (11 November 2019 - this may be delayed) enables a governance system. Cold stakers will be allowed to participate in proposal submitting and proposal voting. A development proposal that has been approved by cold stakers voting will receive funding. The Callisto team and the Official Smart-contract Auditing Department will operate through proposal submitting at this stage.
Total treasury fee at this stage is 30% which includes:
● Treasury allocation: 10%
● Cold staking allocation: 20%

This is in the White Paper https://drive.google.com/file/d/18NsazbbcMwmas7TIZRbDslIfNCVeLgBY/view

Here is another reference to the leading role of Cold stakers in the work of Callisto Network. So I'm definitely going to be Cold stakers!

But how will the votes be distributed among Cold stakers? Proportional to CLO "frozen" in a smart contract? Or 1 Cold stakers = 1 vote? How many CLO should I put a minimum?

Maybe 1 CLO = 1 vote? But so "whales" will make the decisions they need.

If you read the rest of the message on this topic, you could understand that no one knows the answer. We are waiting for the team to give an answer.

Here I found, but here are only common words:

Every participant of the Callisto network that holds CLO can become a cold-staker. A Cold-stoker is an account that has locked its funds in the Callisto treasury smart-contract for 1 month or longer. Each cold-staker account can to participate in the decision-making process the Callisto treasury smart-contract or voting FOR or AGAINST existing existing proposals.
Cold stakes will be compensated for being CLO holders and involved in the Callisto development. The total amount of CLO allocated for each cold-staker depends on the total amount of cold stalks that are currently on the Callisto network.

For voting, they plan to use Proof of Authority (PoA) model. So 1 identity, 1 person, 1 vote. But it can be change. Maybe with better system. So whale will not have huge benefit

How to prove that one person does not own several accounts? Only through KYC? But who will agree to go through the identification without obvious benefit?

I do not know the detail. But zero knowledge proof like on zk snark can be use for KYC without revealing the identity