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

In the network Callisto implemented a treasury model. A certain part of the reward from each block is allocated to the Callisto team to finance the further development of the project.

A certain portion of this budget can be spent on funding community proposals.

Who knows what about this?

Hello, and can be more in detail. What should I do to send my proposals? How it works?

Register a Github account.

Go to the suggestions / problems of Callisto.

Click the "New issue" button.

But all this of course needs to be done on the site.

Please describe your proposal: proposal overview, detailed description and purpose of financing.

This is it. Then the proposal will be considered. After this, it will be accepted,
declined or discussed further. Once a proposal has received a candidate status, it means that the proposal creator or community members can begin work on the proposal. Since the requirements for the execution of the application will be met, those who fulfilled them will receive the payment indicated in the proposal.
The payment will be sent from Callisto Treasury and described in the financial report Open Callisto.

All proposals, proposals, financial transactions and decisions made by the Callisto team are transparently available to all members of the community, and any discussions are always welcome.

Also there is a project of its own decentralized file system; Scalability studies are underway - the main problem of all modern blockhouses. The road map provides for two harts, November 11, 2018 and 2019 respectively; steak will be available after the first one.

Technically, this is the fork of the Ethereum Classic code base, that is, in a sense, another proof-of-work coin on the Ethash algorithm. Therefore, the ETH and ETC miners do not need to make any new investments in hardware or software to switch to Callisto mining.
Approximately from the first days of June, some miners already experiment with the coin: the capacity of the network has steadily doubled (from about one terrays / second to about two) just at this time, about a week after listing on Coinmarketcap.

Taking into account the forthcoming changes in the monetary policy of Ethereum (the reward for the block will be reduced by five times) and the recent payback of professional mining in general, the search for new coins will be more and more relevant, and Callisto is one of the possible candidates.

Hello, but here there are two aspects:

Prospects for the development of the project and the growth of its price.
Profitability of mining as such with the immediate sale of coins on exchanges.

We will only be interested in the first - although Callisto's profitability can now be compared with the profitability of the air, for home-based trading on the exchanges equally unsuitable, and then, and more. Profitability of mining is meaningful to analyze only when we try to forecast trends in the market, but more on this later.

As for the prospects, the cold-steak gives an excellent alternative to proof-of-stake competitors: there is no need to run "masternodes", it is enough just to transfer the coins to the corresponding address of the contract.

Especially strong demand should grow with market depression and an increase in the entrance threshold in the ICO - here the project will compete with Tether and other "stibblkones" as a means against devaluation of crypto-currency reserves.