Good afternoon, answer me please. What is the side chain ?? It is possible in detail
Hello, this is the block that is separated from the parent. But attached with a two-way binding.
Well, what does it give? Please explain to the newcomer as clearly as possible
As I understand it gives the assets the opportunity to be interchangeable. And just as easy to navigate the chain
All right, so it really is.
This means that each side chain has its own data sets that function independently of the parent chain.
Only the test network will live and have a monetary value inside it. If this happens, as planned, the ETC and CLO smart contracts will be interchangeable. This is a very important material, but it still remains to be seen.
I somewhere heard that there is another problem about cold steakings. With which ETC has already faced.
Hello, yes there are no real incentives. For holders to keep their coins.
CLO tries to change this by testing a cold stack. This is a prudent contract-based procedure that gives CLO owners interest in the total amount of CLO allocations they issue.
In addition, as the airdrome approaches, advertising for the Callisto project is increasingly on various social sites, such as Reddit and Chatter. However, it is important to note that all ideas that require implantation are still far from functionality or reality.
The Ethereum Foundation, an organization that works on the Ethereum blockbuster, can stay afloat because of corporate sponsorship, corporate consulting concerts and, more importantly, mass ETH pre-winery.
Callisto takes one more step forward, and in addition to giving 10% to the team of developers of the Commonwealth of Etherium, they also receive an additional 20% and distribute it among cold stackers, which should stimulate HODL behavior and establish the CLO as a valuable value appraisal shop.