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Topic: [ANN][POW][CLO] Callisto Network - Cold Staking & Security Audits - page 91. (Read 89837 times)

sr. member
Activity: 896
Merit: 290
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?  Roll Eyes

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

Are you just a bot posting nonsense???
newbie
Activity: 69
Merit: 0
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.
sr. member
Activity: 896
Merit: 290
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.
full member
Activity: 630
Merit: 111
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.
sr. member
Activity: 896
Merit: 290
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.
newbie
Activity: 69
Merit: 0
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
newbie
Activity: 178
Merit: 0


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
full member
Activity: 420
Merit: 108
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.
newbie
Activity: 99
Merit: 0
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.
member
Activity: 429
Merit: 16
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.
newbie
Activity: 99
Merit: 0
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!
newbie
Activity: 43
Merit: 0
I see that everything is thought out. This inspires confidence in success. Security is above all!
newbie
Activity: 64
Merit: 0
How will the smart contract audit process go? How and who will audit the auditors themselves?  Smiley

Step by step interaction with auditing registry

● A smart-contract developer will need to submit an audit request issue.

● Auditing organization manager verifies the auditing request and will set an approved label.

● Auditor selects the audit request. In most cases 3 code reviewers are sufficient. In the case where a smart-contract system is complex, it may
require more code reviewers.

● Security Manager replaces approved label with an in-progress label. After that,
the issue is still available for picking. Submitting the audit report for this issue
will not affect the "active" status of an auditor. Thus, reviewing the contract
code will still make sense for a beginner to increase "karma" and earning
experience, but we can avoid a situation where the whole team is working on
a single contract with other audit request’s remaining in pending.

● Auditor creates a private gist. Then he/she submits a Keccak-256 hash of the
gist link to the contract by the submit_report function.
Example: The gist link is https://gist.github.com/user/1234abc1234abc. The hash of this gist that needs to be submitted to the contract is
026c43a23ba6a331739fe8d066b9bd1a6eac53982358aa3ff7cb5d0301712d2d.

● Auditors deliver the private gist link (report) to the manager off-chain. An
auditor must not publish the report gist link which is a pre-image of the gist
hash that was submitted to the contract.

● Once the manager has received a link to the private gist, the auditors can
start reviewing the code and reporting findings in their private gists.

● Once all auditors have finished, Manager’s must review and compare all their
reports.

● If one of the auditors has not described and identified vulnerability but others
have identified one, the Manager must assign them a penalty, thereby
increasing the "errors" property of the report.

● Manager signs reports.

● Manager reveals reports. Once reports are revealed the gist links are publicly
accessible so that everyone can observe the work of managers and auditor’s.

● When the audit report is revealed the report author will receive karma
bonuses, error penalties, and active status.
newbie
Activity: 69
Merit: 0
How will the smart contract audit process go? How and who will audit the auditors themselves?  Smiley
newbie
Activity: 238
Merit: 0
Good afternoon, there was a question. How do you think the project will be able to get a listing on a major exchange?

And what do you consider the main exchange?)) I think if the RoadMap is implemented, many exchanges will be happy to see CLO. I'm sure!
newbie
Activity: 47
Merit: 0
I'm very interested in the cold.
Can I check it out somewhere?


One of the unique features of Callisto is the ability to earn interest on held funds through a process called cold staking. In essence, with cold staking you are lending your funds to the network on a short-term basis and rewarded with Callisto, proportionate to the period of time you stake your funds and the amount of CLO in the reward pool, funded by the Callisto treasury.

https://news.callisto.network/cold-staking-vs-masternodes-whats-the-difference/
newbie
Activity: 64
Merit: 0
I do not understand why to sell cheap? There are those who buy at a higher price. Smiley


Now, on an exchange, miners sell CLO. Members of the bounty also hurry to get a momentary benefit.
newbie
Activity: 69
Merit: 0
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 ??

Yobit is an exchange-casino. The CLOs that are there are not connected to the network.
newbie
Activity: 22
Merit: 0
I do not understand why to sell cheap? There are those who buy at a higher price. Smiley


Project markers can be bought much cheaper. At a time when they go to the stock exchange, not when they are sold by the team.
newbie
Activity: 56
Merit: 0
I do not understand why to sell cheap? There are those who buy at a higher price. Smiley
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