Callisto Network - a blockchain platform with its own cryptocurrency (CLO) that is based on Ethereum protocol

Initially, the community of crypto-drivers met news about Callisto with remarkable enthusiasm. After all, of course, the system requires some changes for success. So the Callisto project has high expectations of many thousands of users of the classical platform. And, what we can already observe – the results have surpassed all expectations!
The project created its own blockchain, although very closely cooperating with the blockbuster ETC. The name of the system token is CLO. The Callisto team has developed and implemented its monetary policy. The emission ceiling has a fixed value (which we can observe in ETC). The system’s protocol includes incentives that encourage project clients to use CLO tokens as savings.

Specifications:

– The project uses in its work Dagger Hashimoto – progressive PoW-algorithm;
– The average interblock interval is only 15 seconds;
– According to the rules of the system, the reward for the block: 6 hundred CLO, and the treasury commission – 30 percent;
– Total issue – 6, 5 billion CLO;
– and, what really pleases – the project has already proved in practice that it has 100% compatibility with Ethereum Virtual Machine.

In general, the roadmap for the current year looks more than ambitious. The creators of the project noted the main directions of development, and, it must be said, they cope with their plans:
– First of all the project launched the test network 2.0;
– the project is actively working to develop a marketing team;
– the opening of a convenient and effective application-purse for mobile phones;
– and, most importantly, will be held hard fork and will earn a system of kold-steak.

Another important functional

Often, you can observe the lack of functional, thanks to which we can talk about the high security of smart contracts Ethereum. Sadly, breaking a smart contract as a whole is possible. Such an attack usually costs the ecosystem in tidy amounts. In order to secure its project, ETC and CLO, the Callisto team created a special department dealing with the audit of smart contracts. Thus, the possibility of audit of smart contracts will be implemented, and for the consumer it is completely free.

Any system of blockchain in its development undergoes a number of difficulties. There are situations when the process of hard fork has a number of difficulties, is very poorly organized. In part, to solve such a problem, Callisto was conceived. The team treats users very respectfully – all hard-fork dates are announced long before the event and each member of the system remains informed. The nearest hard forks are scheduled for 11.11.18 and 05.05.19.

Site

Very simple design without frills. The page is in English only. The reference to the platform itself is located in a prominent place on the first screen. All links are located in intuitive-logical places, work.

Whitepaper

Text document for 21 pages. Presented, like the site, only in English. The whole document is devoted to the product, in the end there is a short road map.

Team

The site has 7 members of the project team. Everyone has links for direct communication.

Social networks

On the site of the project you can find a link to the githab – this is a real work of art. Here, for today (June 18), 42 repositories have already been collected. In the team, the team mostly uses JS, GO, RUST, and Python. In other public relations channels, the project has a fairly medium level of popularity – 2,311 readers in the official Telegram group, Twitter – 6,391 people, Facebook – 1004, reddit – 1,8 thousand, discord – 3361.

Roadmap

Clo Mainnet was launched on April 15. In the second quarter, the project successfully built up the marketing part of the team, launched mainnet and testnet. In the third quarter, the security department will be formed, and in the fourth quarter it will also actively develop. In the 4 th quarter will be held hard fork. At the beginning of the 2019th the project team will be engaged in a decentralized study of file vaults, a study of inter-chain efficiency will begin. In the third quarter of 2019, DAO Codex will be produced and also presented by Cold Staker. At the end of 2019 will be a planned hard fork – will be introduced an advanced management system.

Conclusion

The project is extremely unique, has all the rights to deserve our attention. The team will actively develop the platform, all the while introducing the best technologies, because this sidechain is called upon to solve the most acute problems of ETH. The ethereum is one of the world’s most important crypto-currencies, and the prospective blockchain integrated with ETH, created to scale the world’s main currency, can not be lost without a trace.

Site: https://callisto.network/
Whitepaper: https://drive.google.com/file/d/18NsazbbcMwmas7TIZRbDslIfNCVeLgBY/view

Facebook: https://www.facebook.com/callistonetwork/
Telegram: https://t.me/CallistoNet
Twitter: https://twitter.com/CallistoSupport
Bitcointalk: https://bitcointalk.org/index.php?topic=4490663.0
Reddit: https://www.reddit.com/r/CallistoCrypto/

Author:

Bitcointalk Username: ICOevents
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1338776