Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][CLO] Callisto Network
by
yhendri
on 06/08/2018, 17:38:29 UTC

Prompt me cold staking already works or this function does not work yet? This is a very promising function in terms of user-friendliness, as it saves resources and time.

November 11 hard fork. Then make changes to the code and we can do cold staking

Based on the Callisto Network whitepaper & 600 CLO reward per block every 15 seconds beside considering 32% reduction in block reward after each 5 million mined blocks, it can be concluded that after approximately 6 years Callisto Network will reach its maximum supply & there would be no Callisto for reward in this project. Does any body know, what will happen to cold staking & its predicted rewards?

The team made this system for the first years, for the following years it will be the community that will take the decisions through on chain self governance system.

DAO is good. Who will have the right to vote?

Now we only know that only those who participate in the "cold staking" will vote. One person - one vote. How this will be achieved is not yet known.

It will be interesting like. Only wait more than a year is a long time.

The dev plan to use Proof of Authority concept. But for detil, there will be AMA with Dexaran. We can ask Dexaran about this