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Can you recommend a good wallet for Calisto? Are there still reliable wallets (except for MEW)?
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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.
Coldstickers will be rewarded for being a component of the network management model. The amount of encouragement is proportional to the number of stakes in each period of time.
Therefore, the goal of coldsteking is to keep owners of their CLO coins for a long time. This will enhance the status of the CLO as a tool for preserving capital. As the mechanism of cold steking behaves - is still unknown. Unfortunately, there is an insufficient number of mechanisms. They are necessary in order for the smart contract Ethereum to become safe. The encroachment on smartcontract is a huge problem, which carries a monetary loss. In the case of Callisto, an official audit department for smartcontract is planned.
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Coldstickers will be rewarded for being a component of the network management model. The amount of encouragement is proportional to the number of stakes in each period of time.
Therefore, the goal of coldsteking is to keep owners of their CLO coins for a long time. This will enhance the status of the CLO as a tool for preserving capital. As the mechanism of cold steking behaves - is still unknown.
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The CLO itself will work as a test network for ETC, albeit with its monetary value. Perhaps in the future, the smart contract Callisto will be applied to the blockchain ETC and vice versa. This step can claim the title of revolution, but this after a long work. The appearance of Callisto is a chance to eliminate this gap. Coldsteking is a smart contract process that allows CLO coin holders to obtain a percentage of the total CLO emissions for long-term retention. Each owner of CLO coins can become a cold-stakeer. To do this, you need to block certain assets on the Treasury smart contract account for at least a month.
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But still, working with Callisto now is a holding company with a bet on the future. And (more likely to negative) news kriptornka in general and possible new projects on the platform.
And the period during which it makes sense to mine is not more than a year (rather, ten months: until November, the coin is likely to "sleep." And then a few more months until the markets are finally oriented).
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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?
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Good afternoon, answer me please. What is the side chain ?? It is possible in detail ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 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. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Hello, yes there are no real incentives. For holders to keep their coins. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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What is the main goal of Callisto? Who can explain in more detail?
The goal of Callisto is to research and develop a reference implementation of a fully autonomous, self-managed, self-financed block-ecosystem and development environment. Callisto aims to create a secure environment for further development and improvement of the protocol, democratic and friendly for users and their contribution to the development of the platform. To achieve this goal, Callisto will rely on an embedded system of smart contracts.
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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. Well, if it is so. Stealing tokens with bad smart contracts harms the platform
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The more active the staff are currently "betting", the less is the reward of each glass and vice versa.
Not what did not understand from this, explain in more detail please.
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