Callisto network is simply a decentralized blockchain platform that is based on their protocol and the cryptocurrency which is CLO and is developed by Ethereum commonwealth which is among the three ETC development teams. The main and ultimate aim of Callisto network is to boost ecosystem security by simply improving the different methods used in developing smart contracts and also implement experimental protocols. What these protocols do is to combine core features within the smart contracts with the merged protocol level configurations.
The Callisto network is practically designed in such a way whereby it will be possible to use built-in mechanisms such as the smart contracts to implement key features of the platform. Most importantly, the Callisto network ultimate concern is to standardize the protocol used for reference implementation with the government system, a funding mechanism for its development, a well built in cold staking and all these features will be based on smart contracts.
Callisto main aim and concept is to create a well-researched reference implementation of blockchain ecosystem and also a self-funded self-government and self-sustaining development environment.
CALLISTO NETWORK
To address these issues, Callisto network is going to introduce an official department that will be responsible for auditing smart contracts within the ethereal commonwealth. The team members that will be in charge of the audit will receive payment at the protocol level inside the analogy of the smart contract treasury. The team responsible for the smart contract developers will receive the auditing request completely free of charge and every other person can submit these auditing request too. The whole funding came from Callisto network treasury funds so the auditing department should try and improve the security of the ETC ecosystem. For more information on this particular topic check the Callisto network website and whitepaper for full detailed information and explanation.
SCALABILITY ISSUES
Another pressing needs or issues that Callisto network mostly have to tackle is the issues of scalability especially from ETC networks and also that of CLO network.
The team meareers that are behind Callisto network recognizes that it is time-consuming and a waste of time to invent their own mechanisms for relaying transactions and implementing sidechains. So they decided to look toward the cross-chain- relation mechanisms that are mostly third-generation-generation blockchains such as AION and EOS.io. So to solve t his issues, Callisto decided to enhance the scalability of ETC and CLO using mechanics that are already in existence and have proven very effective so that the issues of reinventing of the wheel will not occur again.
CALLISTO AIRDROP
In Callisto airdrop, every address with ETC in its balance at block 5.5 million of the ETC network will receive the Callisto token in a ratio of 1.1 and there will be a snapshot of ethereum classics blockchain. Anybody that wants to participate in Callisis advised is advised to withdraw them the r ETC from the exchange so that guaranteed that they truly receive it. Following the launch of the mainnet, Callisto will be supported by classic ether Wallet and this option makes it possible for holding your ETC until the airdrops. All exchanges that will receive CLO will have two options
(1) Ability to support Callisto and grant it to their users.
(2) Ability to hold Callisto for themselves.
CALLISTO NETWORK WALLETS
Many wallets support the Callisto network and the includes include classic et her wallet, trust wallet APP, Guard wallet and economic wallet. It is also possible to check if a particular wallet is compatible with Callisto by checking if you can export your account. It is very important to remember that compatibility does not mean the wallet will support Callisto. Any wallet you can be able to export your account means the wallet is compatible.
CALLISTO TOKEN
Callisto token CLO is already listed on some exchanges such as stock. exchange, BiteBtc, Extra, and simple swap.
CONCLUSION
Callisto network is based on their protocol and it is developed by ethereum commonwealth which is a development team for ETC. The ethereum commonwealth main purpose is to address the issues that are associated with scalability and security of smart contract ecosystem as a whole.
THE TEAM MEMBERS
USEFUL LINKS
WEBSITE:.. https://callisto.network
WHITEPAPER:.. https://drive.google.com/file/d/
GitHub:. https://github.com/EthereumCommwealth
TWITTER:.. https://twitter.com/callistosupport?lang=en
FACEBOOK:.. https://m.facebook.com/callistonetwork/
Reddit:.. https://www.reddit.com/r/callistoCrypto
BITCOINTALK ANN:.. https://coinmarketcap.com/curries/callisto_network
TELEGRAM:.. https://t.me/CallistoNet
BITCOINTALK USERNAME-- IFEOMA
BITCOINTALK PROFILE LINK:.. https://bitcointalk.org/index.php?action=profile;u=1616375