[ANN][POW][CLO] Callisto Network - Cold Staking & Security Audits

[specNewsMelon]

I see that everything is thought out. This inspires confidence in success. Security is above all!

[1714982248]

1714982248

[rainIsAmerika13]

I see that everything is thought out. This inspires confidence in success. Security is above all!

If the founders had not thought of everything, then why start? A good thing starts with a good plan. As my father told me: - First think about it, and then do it!

[revenanTts]

I see that everything is thought out. This inspires confidence in success. Security is above all!

If the founders had not thought of everything, then why start? A good thing starts with a good plan. As my father told me: - First think about it, and then do it!

In this he is right. All should do so, and those who act otherwise are scammers.

[rainIsAmerika13]

I see that everything is thought out. This inspires confidence in success. Security is above all!

If the founders had not thought of everything, then why start? A good thing starts with a good plan. As my father told me: - First think about it, and then do it!

In this he is right. All should do so, and those who act otherwise are scammers.

Last year there were a lot of such projects. They first gathered community, and then thought out what could be useful.

[ANTIMANIA]

I see that everything is thought out. This inspires confidence in success. Security is above all!

If the founders had not thought of everything, then why start? A good thing starts with a good plan. As my father told me: - First think about it, and then do it!

In this he is right. All should do so, and those who act otherwise are scammers.

Last year there were a lot of such projects. They first gathered community, and then thought out what could be useful.

Are you talking about the airdrop? Many investors lost money by buying these shit coins.

[yhendri]

If you know, then explain in more detail. What does "methode" mean? Which method is considered?

I do not know the detail yet. Maybe like Neo and Gas, or other methode. That just one option that i know.

Can coins for mining be added? The question is purely technical.

Maybe hardfork can do that. But wait until 5-6 years, then we Will know the answer

[Banny_hopyy94]

I see that everything is thought out. This inspires confidence in success. Security is above all!

If the founders had not thought of everything, then why start? A good thing starts with a good plan. As my father told me: - First think about it, and then do it!

In this he is right. All should do so, and those who act otherwise are scammers.

Last year there were a lot of such projects. They first gathered community, and then thought out what could be useful.

Are you talking about the airdrop? Many investors lost money by buying these shit coins.

This project does not go with them in any comparison. This project is on par with Ether, Neo and EOS. Although he did not collect astounding sums for the ICO

[bitChipper]

Good evening . The CLO price on Yobit is 7 times higher than that of Stocks.Exchange? But I know Yobit does not accept CLO transmission. The CLO price is really low. How many CLO do we need for POS in November ??

look at all available prices except Yobit CLO price
you cannot deposit or withdraw CLO on Yobit, so, is an irrelevant price (for the moment)

Nice arbitrage opportunity if you had ETC on yobit for the CLO airdrop, easy 4-6x gain, sell on yobit, move to stocks.exchange and buy.

I don't think there is a set minimum number to stake in November but how much you receive will depend on the amount of other people staking.

[GraBitCoin]

Good evening . The CLO price on Yobit is 7 times higher than that of Stocks.Exchange? But I know Yobit does not accept CLO transmission. The CLO price is really low. How many CLO do we need for POS in November ??

look at all available prices except Yobit CLO price
you cannot deposit or withdraw CLO on Yobit, so, is an irrelevant price (for the moment)

Nice arbitrage opportunity if you had ETC on yobit for the CLO airdrop, easy 4-6x gain, sell on yobit, move to stocks.exchange and buy.

I don't think there is a set minimum number to stake in November but how much you receive will depend on the amount of other people staking.

That's exactly what I did. I sold it at 2.35 and bought it for 1 c. When the trade was just beginning there, the price was higher, but I went late.

[bitChipper]

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.

Ripple have more coin than clo, and now the price about 0.5 USD. Clo can reach 3 USD of have same market cap as xrp

Ripple essentially has unlimited supply unlike many other cryptos...highly unlikely that CLO could reach the same amount in market cap unless crypto literally explodes. CLO at least has a fixed supply.

[Banny_hopyy94]

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.

Ripple have more coin than clo, and now the price about 0.5 USD. Clo can reach 3 USD of have same market cap as xrp

Ripple essentially has unlimited supply unlike many other cryptos...highly unlikely that CLO could reach the same amount in market cap unless crypto literally explodes. CLO at least has a fixed supply.

If the point of the road map associated with the storage of files is justified, then the capitalization will exceed the value of this unfinished coin. I can argue with you.

[bitChipper]

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.

Ripple have more coin than clo, and now the price about 0.5 USD. Clo can reach 3 USD of have same market cap as xrp

Ripple essentially has unlimited supply unlike many other cryptos...highly unlikely that CLO could reach the same amount in market cap unless crypto literally explodes. CLO at least has a fixed supply.

If the point of the road map associated with the storage of files is justified, then the capitalization will exceed the value of this unfinished coin. I can argue with you.

I don't even understand what you are trying to say? 

You trying to argue that CLO will get to a higher mkt cap than ripple?

Are you just a bot posting nonsense???

[csKIRALY]

The last six months have been a difficult period for the whole crypto community, and a string of thefts clearly does not contribute to the stabilization of the market. Such news hinders the development of the market, because they frighten people. It is difficult to decide on the purchase of new assets, when almost every week you read about the attack on this or that exchange.

[Banny_hopyy94]

The last six months have been a difficult period for the whole crypto community, and a string of thefts clearly does not contribute to the stabilization of the market. Such news hinders the development of the market, because they frighten people. It is difficult to decide on the purchase of new assets, when almost every week you read about the attack on this or that exchange.

This is the argument in favor of our project. Did I understand your message correctly?

[csKIRALY]

The last six months have been a difficult period for the whole crypto community, and a string of thefts clearly does not contribute to the stabilization of the market. Such news hinders the development of the market, because they frighten people. It is difficult to decide on the purchase of new assets, when almost every week you read about the attack on this or that exchange.

This is the argument in favor of our project. Did I understand your message correctly?

Yesterday, hackers broke into the wallets of the Bancor startup block-up and stole $ 23 million on airs, BNT and Pundi X tokens. At the time of the incident investigation, the platform stopped working and froze users' accounts.


Of course this is my case for the success of this project.

[Banny_hopyy94]

The last six months have been a difficult period for the whole crypto community, and a string of thefts clearly does not contribute to the stabilization of the market. Such news hinders the development of the market, because they frighten people. It is difficult to decide on the purchase of new assets, when almost every week you read about the attack on this or that exchange.

This is the argument in favor of our project. Did I understand your message correctly?

Yesterday, hackers broke into the wallets of the Bancor startup block-up and stole $ 23 million on airs, BNT and Pundi X tokens. At the time of the incident investigation, the platform stopped working and froze users' accounts.


Of course this is my case for the success of this project.

The main task now is to have time before competitors. The market does not stand still.

[Banny_hopyy94]

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.

Ripple have more coin than clo, and now the price about 0.5 USD. Clo can reach 3 USD of have same market cap as xrp

Ripple essentially has unlimited supply unlike many other cryptos...highly unlikely that CLO could reach the same amount in market cap unless crypto literally explodes. CLO at least has a fixed supply.

If the point of the road map associated with the storage of files is justified, then the capitalization will exceed the value of this unfinished coin. I can argue with you.

I don't even understand what you are trying to say? 

You trying to argue that CLO will get to a higher mkt cap than ripple?

Are you just a bot posting nonsense???

Can we make a bet? Are you ready to risk money to confirm your forecast? I'm ready. CLO bears the benefit of a real product, and XRP is useless shit.

[ANTIMANIA]

If the point of the road map associated with the storage of files is justified, then the capitalization will exceed the value of this unfinished coin. I can argue with you.

I don't even understand what you are trying to say?  

You trying to argue that CLO will get to a higher mkt cap than ripple?

Are you just a bot posting nonsense???

Can we make a bet? Are you ready to risk money to confirm your forecast? I'm ready. CLO bears the benefit of a real product, and XRP is useless shit.

I agree with you. This coin XRP is shit and oblivion awaits it.

Carthage must be destroyed! 

[bitChipper]

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.

Ripple have more coin than clo, and now the price about 0.5 USD. Clo can reach 3 USD of have same market cap as xrp

Ripple essentially has unlimited supply unlike many other cryptos...highly unlikely that CLO could reach the same amount in market cap unless crypto literally explodes. CLO at least has a fixed supply.

If the point of the road map associated with the storage of files is justified, then the capitalization will exceed the value of this unfinished coin. I can argue with you.

I don't even understand what you are trying to say? 

You trying to argue that CLO will get to a higher mkt cap than ripple?

Are you just a bot posting nonsense???

Can we make a bet? Are you ready to risk money to confirm your forecast? I'm ready. CLO bears the benefit of a real product, and XRP is useless shit.

Sigh  ....I can't help but just shake my head at this forum anymore.

Can you contribute anything other than just 2-3 sentences of just irrelevant statements or pointless questions? I don't really care for XRP, never have but it's not useless. 17 billion dollars of mkt cap agrees with me it's not useless. Countless banking POC (proof of concepts) also agrees it's not useless.

Callisto is great ya, it will provide a platform with a novel staking mechanism that has not been seen before and provide a service to the crypto community that will also give it value (even though its not the first to market with smart contract auditing). By November when staking initializes, or when they get listed on big exchange, price could increase significantly.

It's better to be honest and transparent about what investing in Callisto offers rather than just outlandish shilling.

Anyone with any sense of these markets will know that no coin that is 4 months old and has a market cap of less than 10 million has any chance of EVER over taking the 3rd highest crypto-currency in market cap. If that is what you are proposing will happen than ya ill take your bet, go to augur right now and create a market that says Callisto will over take XRP in market cap and i will drain my entire portfolio on shares that it won't.

[babysweetTiger0401]

One of the unique features of #Callisto is Cold Staking. What's the difference between $CLO Cold Staking and Masternodes? Read on here.
(Note: Cold Staking will be implemented after the first hard fork in November 2018)

Cold staking:
Not necessary to run a node to engage in cold staking;
No minimum staking amount;
No hardware investment;
Stake and reward must be claimed;
Shorter staking periods;
Governed by simple smart contracts;
More inclusive;
Seamless.
Masternodes:
High minimum deposit amount;
Additional hardware investment requires a dedicated IP address;
Staker must configure and run a node;
Typically longer staking periods;
Rewards distributed to node wallet automatically;
Serve as a utility to the network that most users don’t understand;
More exclusive.


Reference>>>>https://news.callisto.network/cold-staking-vs-masternodes-whats-the-difference/