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Topic: [ANN][POW][CLO] Callisto Network - Cold Staking & Security Audits - page 93. (Read 89837 times)

newbie
Activity: 30
Merit: 0
Another goal of Callisto Network is the implementation of experimental
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.

 Callisto Network is intended to solve this problem for CLO and ETC ecosystems with an "Official Smart-contract Auditing Department of CLO & ETC". This represents a completely free opportunity for a professional smart-contract developer to audit their smart-contract.

A standard procedure of secure smart-contract development for the ETC & CLO ecosystem will be developed. This standard procedure will include auditing of smart-contracts. Usually, auditing is quite expensive and some developers neglect it before launching their smart contracts.

Utilizing capabilities of the Callisto Network, we aim to establish a free-for-all system of smart-contract auditing.
1. A registration of audited smart-contracts will be created.
Every smart-contract that successfully passes the security audit will receive an official audited status. Otherwise, the contract will remain non-audited by default.
2. Everyone will be allowed to submit auditing requests and this is completely free for smart-contract developers.
3. A full-time team of smart-contract auditors will be hired to review each request for a smart-contract. This takes time, but it is better to do this than to launch a smart-contract with a critical vulnerability that will result in millions of dollars with the potential to be lost or stolen.
4. Smart-contract auditors will be paid with CLO from the Callisto Network treasury funds.
5. ETC and CLO smart-contract auditing requests will be accepted for free. We aim to improve the security of ETC ecosystem.

This is even more important since we plan to implement Callisto Network core features with built-in Callisto capabilities i.e. smart-contract systems.

Hence, smart contracts will be checked. It's good. This will enable the investor to assess the risks of investing in either project.
newbie
Activity: 44
Merit: 0
Another goal of Callisto Network is the implementation of experimental
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.

 Callisto Network is intended to solve this problem for CLO and ETC ecosystems with an "Official Smart-contract Auditing Department of CLO & ETC". This represents a completely free opportunity for a professional smart-contract developer to audit their smart-contract.

A standard procedure of secure smart-contract development for the ETC & CLO ecosystem will be developed. This standard procedure will include auditing of smart-contracts. Usually, auditing is quite expensive and some developers neglect it before launching their smart contracts.

Utilizing capabilities of the Callisto Network, we aim to establish a free-for-all system of smart-contract auditing.
1. A registration of audited smart-contracts will be created.
Every smart-contract that successfully passes the security audit will receive an official audited status. Otherwise, the contract will remain non-audited by default.
2. Everyone will be allowed to submit auditing requests and this is completely free for smart-contract developers.
3. A full-time team of smart-contract auditors will be hired to review each request for a smart-contract. This takes time, but it is better to do this than to launch a smart-contract with a critical vulnerability that will result in millions of dollars with the potential to be lost or stolen.
4. Smart-contract auditors will be paid with CLO from the Callisto Network treasury funds.
5. ETC and CLO smart-contract auditing requests will be accepted for free. We aim to improve the security of ETC ecosystem.

This is even more important since we plan to implement Callisto Network core features with built-in Callisto capabilities i.e. smart-contract systems.
newbie
Activity: 73
Merit: 0

True, the more number of users will store their files, the more CLO will be frozen by the smart contract.
So these CLO for file storage must first be purchased on the exchange.


Quite right. Anyone who wants to hide their personal information in Callisto Network will need to buy a CLO. And to store these data there will be nodes which we will choose through DAO (I so understood).

It's not clear to me. Who will have the right to vote in the DAO? How will I be asked to add a new node to the network? How will the payment for the work of the node be determined in the network?
newbie
Activity: 39
Merit: 0

True, the more number of users will store their files, the more CLO will be frozen by the smart contract.
So these CLO for file storage must first be purchased on the exchange.


Quite right. Anyone who wants to hide their personal information in Callisto Network will need to buy a CLO. And to store these data there will be nodes which we will choose through DAO (I so understood).
newbie
Activity: 47
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.


What about Ripple? There is no mining, the coins are simply "drawn". The number is prohibitive. Most developers have coins. And the price is 45 c!

In the case of Ripple, I am of the opinion that the price of the coin is artificially overstated and supported by the main owner. More like a scam))) I do not understand why the authorities do not stop this crime.

In this project there is a real product for all Internet users. This is a secure file storage. Therefore, the CLO price will be determined by the number of users.


True, the more number of users will store their files, the more CLO will be frozen by the smart contract.
So these CLO for file storage must first be purchased on the exchange.
newbie
Activity: 39
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.


What about Ripple? There is no mining, the coins are simply "drawn". The number is prohibitive. Most developers have coins. And the price is 45 c!

In the case of Ripple, I am of the opinion that the price of the coin is artificially overstated and supported by the main owner. More like a scam))) I do not understand why the authorities do not stop this crime.

In this project there is a real product for all Internet users. This is a secure file storage. Therefore, the CLO price will be determined by the number of users.
newbie
Activity: 47
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.



Well, if it is so. Stealing tokens with bad smart contracts harms the platform


It will be good if it is so! I agree with you. The damage to the platform's reputation, because of smart contracts written with errors, is incommensurable with such a limitation.


Something I can not believe that such a restriction will be introduced. I think that the audit of a smart contract will be carried out on an individual basis


In this topic, we express our opinions and ideas. We can make mistakes, I can be wrong. From the decision of the developers depends on whether a new fork will appear based on their code or not.


Why do you think that there might be a new fork? Based on what considerations did you draw such a conclusion?
newbie
Activity: 43
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.



Well, if it is so. Stealing tokens with bad smart contracts harms the platform


It will be good if it is so! I agree with you. The damage to the platform's reputation, because of smart contracts written with errors, is incommensurable with such a limitation.


Something I can not believe that such a restriction will be introduced. I think that the audit of a smart contract will be carried out on an individual basis


In this topic, we express our opinions and ideas. We can make mistakes, I can be wrong. From the decision of the developers depends on whether a new fork will appear based on their code or not.
newbie
Activity: 48
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.


What about Ripple? There is no mining, the coins are simply "drawn". The number is prohibitive. Most developers have coins. And the price is 45 c!

In the case of Ripple, I am of the opinion that the price of the coin is artificially overstated and supported by the main owner. More like a scam))) I do not understand why the authorities do not stop this crime.
newbie
Activity: 45
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.



Well, if it is so. Stealing tokens with bad smart contracts harms the platform


It will be good if it is so! I agree with you. The damage to the platform's reputation, because of smart contracts written with errors, is incommensurable with such a limitation.


Something I can not believe that such a restriction will be introduced. I think that the audit of a smart contract will be carried out on an individual basis
newbie
Activity: 43
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.



Well, if it is so. Stealing tokens with bad smart contracts harms the platform


It will be good if it is so! I agree with you. The damage to the platform's reputation, because of smart contracts written with errors, is incommensurable with such a limitation.
newbie
Activity: 44
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.


What about Ripple? There is no mining, the coins are simply "drawn". The number is prohibitive. Most developers have coins. And the price is 45 c!
newbie
Activity: 10
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.



Well, if it is so. Stealing tokens with bad smart contracts harms the platform
newbie
Activity: 23
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.
newbie
Activity: 30
Merit: 0
Another goal of Callisto Network is the implementation of experimental
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.

 Callisto Network is intended to solve this problem for CLO and ETC ecosystems with an "Official Smart-contract Auditing Department of CLO & ETC". This represents a completely free opportunity for a professional smart-contract developer to audit their smart-contract.

Another problem of each progressive blockchain is the protocol update that needs Blockchain Hard-fork. Hard-forking is a stressful process for mining pools, exchanges and other network participants. Callisto Network seeks to mitigate hard-forking with establishing 2 planned hard-forking dates​: 11 November 2018 and 11 November 2019​.
Each protocol update should only be performed on one of these days. This approach allows each member of the network to know about upcoming updates and to prepare in advance. If the specific protocol update code is not ready to implement at the time of the planned hard-forking date, then it should be delayed until the next one.

I somewhere read that in Callisto Network will not be able to deploy an untested smart contract? I mean that auditing a smart contract will be a prerequisite?
newbie
Activity: 82
Merit: 0
Another goal of Callisto Network is the implementation of experimental
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.

 Callisto Network is intended to solve this problem for CLO and ETC ecosystems with an "Official Smart-contract Auditing Department of CLO & ETC". This represents a completely free opportunity for a professional smart-contract developer to audit their smart-contract.

Another problem of each progressive blockchain is the protocol update that needs Blockchain Hard-fork. Hard-forking is a stressful process for mining pools, exchanges and other network participants. Callisto Network seeks to mitigate hard-forking with establishing 2 planned hard-forking dates​: 11 November 2018 and 11 November 2019​.
Each protocol update should only be performed on one of these days. This approach allows each member of the network to know about upcoming updates and to prepare in advance. If the specific protocol update code is not ready to implement at the time of the planned hard-forking date, then it should be delayed until the next one.
newbie
Activity: 39
Merit: 0
Another goal of Callisto Network is the implementation of experimental
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.

 Callisto Network is intended to solve this problem for CLO and ETC ecosystems with an "Official Smart-contract Auditing Department of CLO & ETC". This represents a completely free opportunity for a professional smart-contract developer to audit their smart-contract.
newbie
Activity: 30
Merit: 0
Another goal of Callisto Network is the implementation of experimental
protocols, which are a combination of core features implemented in smart-contracts and merged protocol-level configuration.
An important point is the ability to implement key platform features using built-in mechanisms: ie smart-contracts.
newbie
Activity: 44
Merit: 0
Callisto Network is a project of Ethereum Commonwealth that’s been
researched and designed, and has developed a reference implementation of a
self-sustained, self-governed, self-funded blockchain ecosystem. It also improves
the security of the ecosystem of crypto industry by improving smart-contract
development methods and environment.

Hey. Whence this information. From the site?


I began to study the White Paper. I had the first question. What is Ethereum Commonwealth?


Look here. This group of programmers call themselves that. I think so, but I'm not sure.

https://github.com/orgs/EthereumCommonwealth/people

"Self-governed" ... After 2 updates when there will be DAO. What can participants decide?
newbie
Activity: 48
Merit: 0
Callisto Network is a project of Ethereum Commonwealth that’s been
researched and designed, and has developed a reference implementation of a
self-sustained, self-governed, self-funded blockchain ecosystem. It also improves
the security of the ecosystem of crypto industry by improving smart-contract
development methods and environment.

Hey. Whence this information. From the site?


I began to study the White Paper. I had the first question. What is Ethereum Commonwealth?


Look here. This group of programmers call themselves that. I think so, but I'm not sure.

https://github.com/orgs/EthereumCommonwealth/people
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