Telling Stories about Cryptocurrencies in KAiREX; Callisto(CLO)

Hello,

Like the last time we posted, we came to here with the story of Callisto( CLO ) listed on KAiREX.

Callisto Network is a decentralized open source crypto platform based on Ehtereum source code and Callisto ( CLO ) is its own cryptocurrency.

Let’s see more detail information of CLO!

■ Q&A

Question 1. Please introduce Callisto, CLO or Callisto Network.

Callisto Network is a decentralized open source crypto platform based on Ehtereum source code and Callisto ( CLO ) is its own cryptocurrency. The main goal of CLO is to research and develop a reference implementation of self-sustaining, self-governed, and self-funded blockchain ecosystem and developing environment.

Question 2. What problems does CLO attempt to solve and what strengths does CLO have?

One of the main problems of Ethereum smart contract is the lack of tools to make them secure. Smart contract hacking results in millions of dollars of lost revenue for the whole ecosystem. Callisto Network intends to solve this problem for CLO and Ethereum ecosystem with an “Official Smart Contract Auditing Department” of Callisto Network.

Question 3. We need more information about Smart Contract Audit of Callisto Network.

First, smart contracts have been one of the biggest terms used in cryptocurrency industry. The term smart contract is used for software code or a protocol that is used to contribute to, verify or implement the negotiation or performance of a contract. Smart contracts enable the performance of credible transactions without third parties. Callisto Network offers smart contract audits free of charge. Callisto Network is fully compatible with Ethereum and the Ethereum Classic environment. Smart contract developers can also create smart contracts, hosted on the Callisto Network Blockchain. The Callisto Network allocates treasury funds to pay for security auditors. As a result, security audits are free of charge for smart contract developers and teams. The benefit is that this reduces risk and smart contract vulnerabilities and increases the adoption of programmable blockchains for the whole cryptocurrency industry. Please check the URL as follow to learn the process of smart contract audit : https://callisto.network/smart-contract-audit

Question 4. What is Cold Staking?

Cold staking is a protocol that rewards long-term coin holders for staking their CLOs. Cold stakers have no rights in generating blocks or confirming transactions. They receive interest for holding their coins. Think about cold staking as a form of passive income on your investment.

Question 5. Then, how can I earn profit with cold staking protocol? And How much am I supposed to earn from cold staking?

The cold staking protocol of CLO is written in Solidity, a smart contract programming language. The cold staking contract receives 20% of all mining rewards per block and distributes this amount among cold stakers in direct proportion to their stake. You can quickly estimate your earnings with the calculator as follow : https://callisto.network/cold-staking

Question 6. Where can I get wallets which support CLO?

Please check the URL as follow : https://callisto.network/#wallets

Question 7. Any other information to be related?

CEO of Callisto Network, Dexaran, is the smart contract developer of Ethereum from its beginning. You may visit the homepage of Callisto Network to learn more about the team members : https://callisto.network/#wallets

Have you got a better understanding of CLO? If you have any questions, please feel free to contact us.

Next, we will look at the Zilliqa( ZIL) information.