Network Callisto Network or in the popular Callisto, what is it? Why was the new crypto currency created, what are its advantages and what are the prospects in the future? With all these questions, we will deal with this publication in detail. Let's start, perhaps, from the very beginning - a new crypto currency appeared on March 5, 2018 in the Ethereum Classic network and this landmark event took place on the block numbered 5 500 000.
Absolutely all the UTS holders who had on their account the coins of the classic ether on the block of 5 500 000 became owners of the same number of newly made Callisto coins (CLO). Of course, this event was waiting for all the fans of the network of the ether classic, because it gave the network a "second wind". Although the ether classic is already a top-end crypto currency and stably holds in the TOP-20. And so, what is Callisto?
The vast majority of the crypto-currency community believe that Callisto is the Ethereum Classic hard-core, but this opinion is erroneous. Since the Internet previously had a negligible amount of information about the project and the community had nothing else to do but guess and guided by rumors - there is nothing surprising in this. However, many people did not focus on this and continue to think not quite right.
The name of the new crypt was not invented at all by accident, since the Callisto network is the EDC sidcine, so to speak, its satellite, which was launched to solve one of the most painful problems of all crypto currency - scaling. But anyway, Callisto is an independent, original blockbuster. And the main function of Callisto is still the transfer of some groups of basic calculations from the ETS network to the sidechain, which necessarily accelerates the network of the classic etherium. Callisto can be called the "younger brother" of the classical ether, because it, in fact, has become a "guinea pig" for the ETC team, which will implement the changes and, if successful, finally install them in the main ETC network. Roughly, but you can compare the situation with Bitcoin and his "brother" Litecoin.
The developers' long-term plans are to support the Callisto smart contracts in the ETC network and to the exact opposite. Will be cool! But so far these plans are at the stage of embryo. And finally, what I like about Callisto and what is the main "bun" is the technology of kold-steak. The essence of the "buns" in the next - each holder CLO can "freeze" absolutely any number of its coins, which it considers necessary for that period of time that is specified in the smart contract and begin to receive income in the form of% of the total number of coins, which is as much as 6, 5 billion pieces. In this way, developers encourage Callisto coin holders.
How exactly does this promotion work? As many as 10% of the commission from each new block created in the Callisto network, the interval of which lasts about 15 seconds, is credited to the "treasury" smart contract, as I call it, which will be received by all coin holders and the more of them, receive coins and vice versa - the fewer holders, the greater their passive income.
Each new block in the network Callisto contains 600 coins, the network commission is about 30%. Already now there are 2 future and serious updates of the network - the first will be held according to the plan on November 11, 2018, the second - on May 5, 2019. During the first upgrade and this "bun" for passive earnings will be launched. By November 11, I advise everyone to start CLO at the maximum and start doing it from now on, as long as the course allows. When everything that the developers have conceived will go "smoothly", it can become a new inspiration for both Ethereum Classic and a gorgeous space launch pad for Callisto. I hope that in the near future the course will be worthy, I wait at least $ 10.
I am sure that the Callisto team chose the right way when they distributed their CLO tokens in the ratio 1: 1, rather than the hardcore with the prefect, to the ETC community, which, of course, speaks in favor of the ideology of the Callisto team. Currently, the Callisto Network (CLO) coins are traded on the Exrates, OOOBTC, Stocks.Exhange, SimpleSwap, BiteBTC exchanges. Course 1 CLO = 0.02 $. CLO listing applications have been submitted to the following exchanges: KuCoin, HITbtc, YoBit, Coinone and several others.
For those who can not buy CLO for one reason or another, but very much want to become a happy holder of these coins, there is a functioning bounty campaign and airdrop, the finish of which will be held on June 30, 2018. The total number of coins allocated for this campaign is 250 000 CLO. Perhaps this campaign will soon launch phase number 2. I advise you to at least take part in the tour, it's very simple, fast and 150 CLO in your wallet.
You can also sink coins. The list of all 14 pools that is available at the moment, can be found on the website:
To sum it all up, I want to emphasize once again that this coin is damn attractive and promising, certainly it should be kept in its crypto-currency portfolio. Let not a lot, but for a long time. This is one of the few crypto currencies that offers passive income only from the fact that you have a coin in your wallet. Is not it cool? This is not master crafts for which you need to spend a decent enough money to receive passive income. And to be a holder of Callisto coins is a free pleasure. If you first heard about this crypto currency, pay attention to it.
Website: https://callisto.network/
Whitepaper: https://drive.google.com/file/d/18NsazbbcMwmas7TIZRbDslIfNCVeLgBY/view
ANN Thread: https://bitcointalk.org/index.php?topic=3380156.0
Bounty Thread: https://bitcointalk.org/index.php?topic=4490663.0
Reddit: https://www.reddit.com/r/CallistoCrypto/
Facebook: https://www.facebook.com/callistonetwork/
Twitter: https://twitter.com/CallistoSupport
Telegram: https://t.me/CallistoNet
Author: https://bitcointalk.org/index.php?action=profile;u=1178847