[ANN][POW][CLO] Callisto Network - Cold Staking & Security Audits - page 119.

csKIRALY

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Quote from: Izillion on July 05, 2018, 03:45:00 AM

Quote from: csKIRALY on July 05, 2018, 02:36:57 AM

It turns out that all CLO owners can receive income from mining using Cold Staking Contract ?!
Do not buy equipment, do not look for pools. It's great!

Thank you! very interesting! Where it is necessary to store that there were charges?

While this function does not work. The testing is in progress. They promise to start in November.

Izillion

newbie

Activity: 29

Merit: 0

Quote from: csKIRALY on July 05, 2018, 02:36:57 AM

It turns out that all CLO owners can receive income from mining using Cold Staking Contract ?!
Do not buy equipment, do not look for pools. It's great!

Thank you! very interesting! Where it is necessary to store that there were charges?

cryptojackcoin

newbie

Activity: 64

Merit: 0

Quote from: BlocksTechnology on July 05, 2018, 03:41:19 AM

Quote from: yhendri on July 05, 2018, 02:43:02 AM

Quote from: Banny_hopyy94 on July 04, 2018, 11:43:22 PM

A staker MUST NOT deposit funds into the Staking Contract during the locking period. Depositing funds will cause the reinitialization of stakers entry and renewal of the locking period.

Who can explain this to me?

Once you click stacking, on classic ether wallet (the feature Will coming soon for testnet). Do not stack any other coin before maturation (about 172.600 block)

If you put more coin and click stacking again, the maturation Will restart and you have to start from beginning, wait 172.600 block right after you click stacking for the last one

If you replenish the balance, then you overwrite information about yourself in a smart contract. And, therefore, the countdown begins again. So?

Very similar to this. You can receive income in 1 month, and you can extend storage.

BlocksTechnology

newbie

Activity: 73

Merit: 0

Quote from: yhendri on July 05, 2018, 02:43:02 AM

Quote from: Banny_hopyy94 on July 04, 2018, 11:43:22 PM

A staker MUST NOT deposit funds into the Staking Contract during the locking period. Depositing funds will cause the reinitialization of stakers entry and renewal of the locking period.

Who can explain this to me?

Once you click stacking, on classic ether wallet (the feature Will coming soon for testnet). Do not stack any other coin before maturation (about 172.600 block)

If you put more coin and click stacking again, the maturation Will restart and you have to start from beginning, wait 172.600 block right after you click stacking for the last one

If you replenish the balance, then you overwrite information about yourself in a smart contract. And, therefore, the countdown begins again. So?

yhendri

newbie

Activity: 178

Merit: 0

Quote from: Banny_hopyy94 on July 04, 2018, 11:43:22 PM

A staker MUST NOT deposit funds into the Staking Contract during the locking period. Depositing funds will cause the reinitialization of stakers entry and renewal of the locking period.

Who can explain this to me?

Once you click stacking, on classic ether wallet (the feature Will coming soon for testnet). Do not stack any other coin before maturation (about 172.600 block)

If you put more coin and click stacking again, the maturation Will restart and you have to start from beginning, wait 172.600 block right after you click stacking for the last one

csKIRALY

newbie

Activity: 54

Merit: 0

It turns out that all CLO owners can receive income from mining using Cold Staking Contract ?!
Do not buy equipment, do not look for pools. It's great!

cryptojackcoin

newbie

Activity: 64

Merit: 0

Quote from: BlocksTechnology on July 05, 2018, 02:09:18 AM

Quote from: Banny_hopyy94 on July 05, 2018, 02:05:21 AM

Quote from: BlocksTechnology on July 05, 2018, 02:03:03 AM

Quote from: Sithcs on July 05, 2018, 01:53:53 AM

Quote from: revenanTts on July 05, 2018, 01:37:54 AM

Quote from: Pitchipuff on July 05, 2018, 01:28:12 AM

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.

Thank you, sir, for this addition. Now this point in the article has become almost understandable. I will read further and, perhaps, I will have some more questions.

What article are we talking about? Give please the link. I also want to read.

I'm reading this article https://news.callisto.network/callisto-network-cold-staking-protocol/
I'm trying to translate it into my native language.

Thanks for the link. I will also begin to study the Cold Staking Contract.
The idea of translating into your language is good.
What language are you translating into?

Cold staking is a protocol that rewards long-term coin holders for holding their coins.

Cold Staking is not related to Proof of Stake. It is not a consensus mechanism. Cold stakers has no rights in blocks generation or transaction confirming. They just receive interest for holding their coins.

This is a good introduction!

BlocksTechnology

newbie

Activity: 73

Merit: 0

Quote from: Banny_hopyy94 on July 05, 2018, 02:05:21 AM

Quote from: BlocksTechnology on July 05, 2018, 02:03:03 AM

Quote from: Sithcs on July 05, 2018, 01:53:53 AM

Quote from: revenanTts on July 05, 2018, 01:37:54 AM

Quote from: Pitchipuff on July 05, 2018, 01:28:12 AM

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.

Thank you, sir, for this addition. Now this point in the article has become almost understandable. I will read further and, perhaps, I will have some more questions.

What article are we talking about? Give please the link. I also want to read.

I'm reading this article https://news.callisto.network/callisto-network-cold-staking-protocol/
I'm trying to translate it into my native language.

Thanks for the link. I will also begin to study the Cold Staking Contract.
The idea of translating into your language is good.
What language are you translating into?

Banny_hopyy94

newbie

Activity: 69

Merit: 0

Quote from: BlocksTechnology on July 05, 2018, 02:03:03 AM

Quote from: Sithcs on July 05, 2018, 01:53:53 AM

Quote from: revenanTts on July 05, 2018, 01:37:54 AM

Quote from: Pitchipuff on July 05, 2018, 01:28:12 AM

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.

Thank you, sir, for this addition. Now this point in the article has become almost understandable. I will read further and, perhaps, I will have some more questions.

What article are we talking about? Give please the link. I also want to read.

I'm reading this article https://news.callisto.network/callisto-network-cold-staking-protocol/
I'm trying to translate it into my native language.

BlocksTechnology

newbie

Activity: 73

Merit: 0

Quote from: Sithcs on July 05, 2018, 01:53:53 AM

Quote from: revenanTts on July 05, 2018, 01:37:54 AM

Quote from: Pitchipuff on July 05, 2018, 01:28:12 AM

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.

Thank you, sir, for this addition. Now this point in the article has become almost understandable. I will read further and, perhaps, I will have some more questions.

What article are we talking about? Give please the link. I also want to read.

Sithcs

newbie

Activity: 44

Merit: 0

Quote from: revenanTts on July 05, 2018, 01:37:54 AM

Quote from: Pitchipuff on July 05, 2018, 01:28:12 AM

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.

Thank you, sir, for this addition. Now this point in the article has become almost understandable. I will read further and, perhaps, I will have some more questions.

big_daddy

hero member

Activity: 1680

Merit: 583

xUSD - The PRIVATE stable coin - Haven Protocol

Quote from: ANTIMANIA on July 04, 2018, 08:30:04 AM

Quote from: big_daddy on July 04, 2018, 08:18:45 AM

Quote from: yhendri on July 04, 2018, 04:27:33 AM

Quote from: big_daddy on July 04, 2018, 04:08:04 AM

Quote from: mishax1 on July 04, 2018, 02:28:01 AM

Hitbtc finally rewarded CLO to ETC holders, trading hasn't started yet.

hope that users will not dump the received CLO
he all have to hodl & by the end of the year put as much as we can in cold staking

I am sure they Will not dump. They buy etc at $40 for clo. They Will hodl like me 😊

the silliest thing that has lot of ETC/CLO followers done to get CLO
when I see the pool stats from the first hours of mining, at the mainnet, I am conscious that buying ETC to get free CLO was stupid as supporting JohnMCfee & Ripple Grin

so, just support CLO with mining if you have hardware & wait for the boom.

I did not understand anything from what you wrote. The translator shows what it is nonsense))
Did I understand correctly that I should not buy but mining?

hehe :-) what translator are U using?

well, now is godd to mine, also to buy 6 HODL Callosto (CLO)

what I was writing is that was a stupid idea to buy ETC before the snapshot to get CLO, this was my conclusion

got it now? ;-)

Izillion

newbie

Activity: 29

Merit: 0

Quote from: KillaStorm1000 on July 05, 2018, 01:33:55 AM

Are there any users who mine Callisto? Can someone tell how much it is profitable and is it worth it to mine or is it better to switch to ETH? Wink

A good question, next week will come equipment for mining, I want to mining CLO, I am glad to advice on the mining of this project.

REF Crypto

newbie

Activity: 40

Merit: 0

Good job Callisto! Continuous development and positive for this future for future. In time to be also begin to a something!

revenanTts

member

Activity: 429

Merit: 16

Quote from: Pitchipuff on July 05, 2018, 01:28:12 AM

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

If you did not take your coins from "staking" for a year, you will lose%.
If you did not confirm the extension of the term "staking" in a month, then% cease to accrue.
These are the features of the language of smart contracts. It is necessary to write down the data, so that a smart contract can take them into account.

GraBitCoin

full member

Activity: 630

Merit: 111

Quote from: Pitchipuff on July 05, 2018, 01:28:12 AM

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

Fund CLO for distribution among participants "staking" is formed from deductions of the miners from each found block.
This is a big plus of the Callisto Network.

KillaStorm1000

newbie

Activity: 140

Merit: 0

Are there any users who mine Callisto? Can someone tell how much it is profitable and is it worth it to mine or is it better to switch to ETH? Wink

Banny_hopyy94

newbie

Activity: 69

Merit: 0

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

Maybe your answer explains everything. Even for sure it is. Probably Grin

Thanks for the help!

Pitchipuff

member

Activity: 420

Merit: 10

Quote from: GraBitCoin on July 05, 2018, 12:51:07 AM

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

so it means all those clo coin you put in the networkand if you not going to claim it going to block it become useless?all blocks is depending how many are going to participate or investing?

GraBitCoin

full member

Activity: 630

Merit: 111

Quote from: Banny_hopyy94 on July 05, 2018, 12:39:39 AM

Each staker can independently claim their reward at any time after the locking period. The staking reward depends on the amount of CLO that are currently in the Cold Staking Contract. As a result, the reward of each staker depends on other stakers claims. We rely on the assumption that with a sufficiently high distribution of claims over time, Cold Stakers have a high probability of receiving a reward close to the expected value.

I try to translate it into my own language and it does not work. It remains a feeling that not all the results are precisely defined and they can change depending on the circumstances.

The question is interesting.

As I think, for example (I do not claim the truth in the last instance):
1. The total amount received from the miners CLO, we know after counting the number of blocks.
2. We do not know how many CLO and how many holders will participate.
3. We do not know how many and when they will take CLO.

All this creates uncertainty. Probably.

Topic: [ANN][POW][CLO] Callisto Network - Cold Staking & Security Audits - page 119. (Read 89893 times)