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Do you think that someone is interested in your opinion? ) I see that the team pays little attention to ANN
In the morning I saw a message from the team. By the way, a good team should deal with product development, not with conversations.
I wanted to tell you that the team has already most of all thought out and the votes will be distributed in such a way as to exclude manipulation of the voting results. Therefore, I suggest waiting for the announcement from the team on this issue.
Well, if everything is exactly as you say.... I just drew attention to this question, so that afterwards there would be no problems.
I hope that there will be no problems. Manipulation by voting will allow to include in the network not reliable nodes, which will damage the image of the project.
In what do you think will manifest their insecurity? How will the nodes be selected? By what criteria?
Each elected IPFS-host-node will receive monthly salary for maintaining the storage. If one of the nodes does not work correctly, fails to provide a file or maintains a bad connection, then another node can be elected to replace it.
IPFS-host-nodes can receive different salaries depending on the quality, volume of their storage and statistics of processed requests.
Thanks I got it. If there is an opportunity to manipulate the vote, then the nodes of the inadequate configuration can be selected.
Do you think that someone is interested in your opinion? ) I see that the team pays little attention to ANN
In the morning I saw a message from the team. By the way, a good team should deal with product development, not with conversations.
I wanted to tell you that the team has already most of all thought out and the votes will be distributed in such a way as to exclude manipulation of the voting results. Therefore, I suggest waiting for the announcement from the team on this issue.
Well, if everything is exactly as you say.... I just drew attention to this question, so that afterwards there would be no problems.
I hope that there will be no problems. Manipulation by voting will allow to include in the network not reliable nodes, which will damage the image of the project.
In what do you think will manifest their insecurity? How will the nodes be selected? By what criteria?
Another goal of Callisto Network is the implementation of experimental
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.
Callisto Network is intended to solve this problem for CLO and ETC ecosystems with an "Official Smart-contract Auditing Department of CLO & ETC". This represents a completely free opportunity for a professional smart-contract developer to audit their smart-contract.
A standard procedure of secure smart-contract development for the ETC & CLO ecosystem will be developed. This standard procedure will include auditing of smart-contracts. Usually, auditing is quite expensive and some developers neglect it before launching their smart contracts.
Utilizing capabilities of the Callisto Network, we aim to establish a free-for-all system of smart-contract auditing.
1. A registration of audited smart-contracts will be created.
Every smart-contract that successfully passes the security audit will receive an official audited status. Otherwise, the contract will remain non-audited by default.
2. Everyone will be allowed to submit auditing requests and this is completely free for smart-contract developers.
3. A full-time team of smart-contract auditors will be hired to review each request for a smart-contract. This takes time, but it is better to do this than to launch a smart-contract with a critical vulnerability that will result in millions of dollars with the potential to be lost or stolen.
4. Smart-contract auditors will be paid with CLO from the Callisto Network treasury funds.
5. ETC and CLO smart-contract auditing requests will be accepted for free. We aim to improve the security of ETC ecosystem.
This is even more important since we plan to implement Callisto Network core features with built-in Callisto capabilities i.e. smart-contract systems.
Good evening . Does anyone have any predictions? What do you think, how many CLO will be in December? Will the income depend on this?
A block is formed roughly every 15 seconds and in each block contains 600 CLO.
There are 86400 seconds in a day so:
86400 / 15= 5760
5760*600= 3,456,000
So right now there are 3,456,000 CLO created each day. 20% of that goes to the treasury fund, 10% of that goes to the staking fund.
3,456,000 * 20% = 691,200
3,456,000 * 10% = 345,600
691,200 + 345,600= 1,036,800
2,419,200 Actual CLO are created and distributed to the miners daily besides the CLO reserved for the funding mechanism.
~150 days until December 2018....3,456,000 * 150 = 518,400,000 created until then
518,400,000+456,258,253(current supply) = 974,658,253
So nearly 1 Billion coins in mined by December, around that time they will enable the cold staking mechanism which IMO is the MOST important aspect of this project. It is what makes it unique and sets it apart from others.
Let's speculate that by that time, with a little hype and marketing the market cap of CLO gets to 120 million (~16x what it is now), that would put each CLO at .12c (12x what it is now) and that is if the price of bitcoin stays the same, if bitcoin goes up the price of each CLO could be even more.
Could be a lot of upside with this project.
I think this is a large number. The price will not be very high.
What about Ripple? There is no mining, the coins are simply "drawn". The number is prohibitive. Most developers have coins. And the price is 45 c!
Callisto Network is a project of Ethereum Commonwealth thats been
researched and designed, and has developed a reference implementation of a
self-sustained, self-governed, self-funded blockchain ecosystem. It also improves
the security of the ecosystem of crypto industry by improving smart-contract
development methods and environment.
researched and designed, and has developed a reference implementation of a
self-sustained, self-governed, self-funded blockchain ecosystem. It also improves
the security of the ecosystem of crypto industry by improving smart-contract
development methods and environment.
Hey. Whence this information. From the site?
I began to study the White Paper. I had the first question. What is Ethereum Commonwealth?
Look here. This group of programmers call themselves that. I think so, but I'm not sure.
https://github.com/orgs/EthereumCommonwealth/people
"Self-governed" ... After 2 updates when there will be DAO. What can participants decide?
I tried to set up my rig to mine this coin. on 6 cards 1060 it turns out about 250 coins a day. I consider this a normal indicator, because the price has the potential for growth. As I understand now, 1 coin is worth 2 cents? But the potential is
It's a lot. And on which block will the reward decrease by half? Can you tell me?
I asked about something else. I'm wondering on what found block the cost of rewarding miners will decrease.
Every 5 million block, the reward Will reduce 32%
In what year will we reach this "milestone"? I would like to know this date, in order to calculate the investment strategy.
I'll support your question to specialists. I tried to find the answer in the search, but, unfortunately, I did not find anything.
5 000 000 - 597 000 /mined already/=4 403 000 blocks remaining
5760 blocks/day
4 403 000/5760=764 days=25+ months
It is likely that average block time is less than 15s so we can expect in about 24 months for the block 5M to be mined from now on. Then there will be 3 billions of coins mined.
After that there will be 32% reduce of the coins per block which is 408 coins/block.
It will take approx another 24-25 months for the next 2 040 000 000 coins to be mined.
Next stage another 32% reduction of the reward which leads to 277.44 coins/block.
It will take approx another 24-25 months for the next 1 387 200 000 coins to be mined.
For the final stage there will be 72 800 000 coins left which will take 67 days.
What's next? All coins will be produced in about 6 years approximately. And how will the network work after that?
Good evening . Does anyone have any predictions? What do you think, how many CLO will be in December? Will the income depend on this?
A block is formed roughly every 15 seconds and in each block contains 600 CLO.
There are 86400 seconds in a day so:
86400 / 15= 5760
5760*600= 3,456,000
So right now there are 3,456,000 CLO created each day. 20% of that goes to the treasury fund, 10% of that goes to the staking fund.
3,456,000 * 20% = 691,200
3,456,000 * 10% = 345,600
691,200 + 345,600= 1,036,800
2,419,200 Actual CLO are created and distributed to the miners daily besides the CLO reserved for the funding mechanism.
~150 days until December 2018....3,456,000 * 150 = 518,400,000 created until then
518,400,000+456,258,253(current supply) = 974,658,253
So nearly 1 Billion coins in mined by December, around that time they will enable the cold staking mechanism which IMO is the MOST important aspect of this project. It is what makes it unique and sets it apart from others.
Let's speculate that by that time, with a little hype and marketing the market cap of CLO gets to 120 million (~16x what it is now), that would put each CLO at .12c (12x what it is now) and that is if the price of bitcoin stays the same, if bitcoin goes up the price of each CLO could be even more.
Could be a lot of upside with this project.
Thanks for the calculations! This is very important information for the investor. It turns out that the prospects are very good.
I am an adherent of this project. I'm not interested in any projects, at least at this stage. I believe that the prospects are not just good, but PERFECT)))
Good day, so many people talk about Callisto. Can someone tell me in a few words, why? What are the main advantages of this project?
Callisto Network is a decentralized open source crypto platform
based on the go-Ethereum source code with its own cryptocurrency CLO.
The main goal of Callisto is to research, develop a reference implementation
of a self-sustaining self-governed self-funded blockchain
ecosystem and development environment.
Callisto aims to establish a secure and contribution-friendly environment
for further protocol development and improvements.
Callisto will rely on a built-in system of smart-contracts to achieve this goal.
Hello friends and developers! Tell me please earn the function of storing files?
The exact date is unknown, but you can look at the road map here. She is not so beautiful, but very informative;)
https://news.callisto.network/callisto-roadmap-update-detailed-overview/
It's not about the beauty of the design, but, as you correctly noted, in informativeness. I assume that before this point the developers will reach the beginning of next year.
It's true, because before that much needs to be done. We are waiting for interesting times.
I am sure that this is not an easy task. It seems to me that after its decision and the announcement of this function, the cost of the CLO is $ 1)
Judging by the description of the way to solve this problem, for good programmers it is not difficult to do. I am confident in the professionalism of this team and therefore do not see any problems.
We all hope for a good result and therefore we buy CLO from "weak hands" until they, through stupidity, get rid of them. Like all other projects, at the initial stage such people are enough (for our happiness!).
I am an adherent of this project. I'm not interested in other projects, at least at this stage. I may be making a mistake, but my confidence in success makes me "lay eggs in one basket."
Hello friends and developers! Tell me please earn the function of storing files?
The exact date is unknown, but you can look at the road map here. She is not so beautiful, but very informative;)
https://news.callisto.network/callisto-roadmap-update-detailed-overview/
It's not about the beauty of the design, but, as you correctly noted, in informativeness. I assume that before this point the developers will reach the beginning of next year.
It's true, because before that much needs to be done. We are waiting for interesting times.
I am sure that this is not an easy task. It seems to me that after its decision and the announcement of this function, the cost of the CLO is $ 1)
I can not figure out how to calculate the income from cold staking. How much% will be deducted to the fund from each found block?
I also do not understand anything about this. In the calculator it is offered to set the settings. So the result does not reflect the reality of things.
Calculator here https://mining.alekseirubin.com/clostaking/
But I also do not understand what the source data should be indicated.
Thank you. I'll try to figure it out. But, at first glance, it seems that exactly I can not find out. There are many unknowns in the equation.
I can not figure out how to calculate the income from cold staking. How much% will be deducted to the fund from each found block?
I also do not understand anything about this. In the calculator it is offered to set the settings. So the result does not reflect the reality of things.
Callisto Network is a blockchain platform with its own cryptocurrency (CLO) that is based on Ethereum protocol, so any Callisto improvements can be applied to Ethereum Classic. Callisto is NOT a testnet or a hardfork of Ethereum Classic. Callisto Network is developed by Ethereum Commonwealth, one of three ETC development teams.
Callisto is NOT a testnet or a hardfork of Ethereum Classic.
This indicates that changes are made to the blockchain, or will be made in the future, different from the original.
This phrase says that Callisto did not keep the balance sheets of the holders of internal network tokens. Fork or hard fork changes the software, and balances are saved.
I somewhere read that Callisto is a side-chain ETC. Does this mean that payments between these networks will be possible?
Blockchains 3.0 aim interchain operability. However, these networks are interoperable with their own copies in most general cases. We aim to research and develop a reference implementation of legacy blockchain modification which will allow for interoperability with newer blockchain projects.
We are considering projects such as EOSio, AION, and ICX. At the moment, ICX seems to be the most advanced in this field.
Are you saying that payments will be possible among these platforms? It would certainly be very good.
The more I study this project, the more interesting it becomes to me. When I came here, I only knew about Cold Staking
Hello! You can congratulate me. I also became a CLO holder!
It's great. I also tend to buy an additional 20,000
I'll wait for the candles down and buy)))
Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.
I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.
I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.
The question is interesting.
As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.
All this creates uncertainty. Probably.
If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.
Thank you, sir, for this addition. Now this point in the article has become almost understandable. I will read further and, perhaps, I will have some more questions.
In this project there is no good exchange, very small volumes
when they first planned to take snapshots from ETC to issue CLO I was not interested in because they did not come from ETC developers I've asked it to the developerif at that time I participate in a snapshot that is done CLO maybe I will incur losses
think about getting CLO you have to sacrifice your ETC which has a higher price than CLO it is a stupid act
It's good that it was so. This fact made the price of the CLO as we see it now. If all then passed according to plan, now the price would be much higher. That is, this case has opened us the opportunity to make good money buying CLO cheaply!
This is true, but you need to buy now to make it before the CLO on https://hitbtc.com/exchange
Later, entering the market will not be so profitable.
Hitbtc finally rewarded CLO to ETC holders, trading hasn't started yet.
hope that users will not dump the received CLO
he all have to hodl & by the end of the year put as much as we can in cold staking
I am sure they Will not dump. They buy etc at $40 for clo. They Will hodl like me 😊
the silliest thing that has lot of ETC/CLO followers done to get CLO
when I see the pool stats from the first hours of mining, at the mainnet, I am conscious that buying ETC to get free CLO was stupid as supporting JohnMCfee & Ripple
so, just support CLO with mining if you have hardware & wait for the boom.
It's clear that now the cost of CLO is very small and can not be compared with ETC, but in due course it may well be equal to or even more than ETC.
It is unlikely that the price will be greater.
The number of coins is a maximum of 6 billion. This is a lot. I think a maximum of 10 dollars.
After November, the price may increase to 20 cents. After the launch of smart contracts for audit - 1 dollar.
Are you a predictor?)) Although there is a share of truth in your words. Logic is not iron, but it is understandable. May be...
I support this prediction. 20 c in November is a very real price. Perhaps we will see this price much earlier.
Well done community! Move the topic actively. So it is necessary. We must fight for our investments!
Can you advise me on a good exchange for buying CLO? I asked, but so far I have not received a response from the community.
I know only one good exchange at the moment. This is https://app.stocks.exchange/ru/basic-trade/pair/BTC/CLO/1D Try to trade there, I think you'll like it.
Thanks for the advice. I will definitely try now. I want to buy CLO for Staking Contract.
Well done community! Move the topic actively. So it is necessary. We must fight for our investments!
Can you advise me on a good exchange for buying CLO? I asked, but so far I have not received a response from the community.
The company Callisto Network looks very promising. One important point is that the platform will use built-in smart contract mechanisms to solve audit problems. Now is a very convenient time to enter this company.While all the crypto currency has not gone to the top look at the project Callisto Network , that would not regret in the future that did not do it now.
I'll listen to your advice. I will follow this topic. Can you advise me on a good exchange for buying CLO?