CALLISTO NETWORK (CLO): A REVOLUTIONARY PLATFORM WITH VALUE PROPOSITION BASED ON ETHERIUM CLASSIC PROTOCOL

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CALLISTO NETWORK (CLO): A REVOLUTIONARY PLATFORM WITH VALUE PROPOSITION BASED ON ETHERIUM CLASSIC PROTOCOL



Callisto Network (CLO) is bringing a value proposition as a fresh project based on the Ethereum Classic (ETC) protocol, the cardinal objective of the platform is to develop a decentralized collection of value that incentivizes the clients to hold coins. Basically, there has been some conceptions that the Callisto Network (CLO) to be a hard fork of Ethereum Classic (ETC), however, according to infographics made available it is, in fact, a distinct blockchain with its own cryptocurrency that will be doled out initially through airdrop to the ETC holders.
How does it intend to achieve this? CLO will make use of a cold staking protocol that uses smart contracts to reward network partakers with interest for simply holding coins. Apparently, it is in contrasts from the traditional staking following the fact that users are not obliged to run a node and are not involved in authenticating transactions.
Like we said earlier, Callisto is an airdrop for Ethereum Classic (ETC) holders. Everyone who owns ETC will receive CLO coins at about a ratio of 1:1 and this is to the amount of ETC held at block 5500000 in the space. The fundamentals of the Callisto project is that acts as an Ethereum cold staking solution with the objective to provide solution ranging from the issue of zero incentive for coin holders to continue to own coins which is important for “store of value” currencies. Disproportionate interest and power play in the network, with the equilibrium, strongly tilted to favour the miners.
The absence of a governance system and the cold staking protocol could function as an in-between step for control system execution.

WHAT MAKES CALLISTO NETWORK ((CLO) TOP-NOTCH
Calisto Network is bringing to fore a value proposition that new and invaluable in the blockchain space and these are what makes it top notch. A cursory look at the ecosystem reveals that presently smart contract system in the Ethereum blockchain is unassailable by this I mean that the business dealings are not documented and therefore cannot be corrected even if a blunder is found within the system. Basically, you will be made to commence all over again, through generating a fork on the original blockchain.
According to the infographic the system call for high-quality smart contracts auditors, but they are very difficult to find and too costly to rent. Ultimately, it can be said that the Ethereum Classic Commonwealth team developed the Castillo sidechain to afford a reference execution of an investigational protocol changes with the objective to establish a smart-contract that has bearing on chain governance system, fully monetarily transparent in-built expansion funding machinery and balance the concern in the network between the miners and ordinary coin holders.

FUNDAMENTAL WORKINGS OF THE PLATFORM:
A critical look at the blockchain ecosystem reveals that a noticeable impediment to further the growth of the cryptocurrency space is scaling.  So in view of this as attainable in other cryptocurrencies. The conceptualizers of the token are making effort to wrestle these problems swiftly via providing a solution to increase the size of the blocks. Permit me to educate you about sidechain. Sidechain is a blockchain that is detached from the core but however attached through a two-way peg. It provides assets the capacity to be substitutable and easily moved across the chain. Basically, each sidechain has their own sets of data that function independently of the main chain.
In other words, the sidechain will be instrumental to the protocol changes in the future, and also function as a testnet for Ethereum Classic. Obviously, only the testnet will be live and have monetary value within the
Another expose is about the Cold staking –CLO is attempting to change the narrative especially in the area if it is not incentivized through the testing of cold staking. It’s a smart contract-based procedure provides interest to CLO holders for the total amount of CLO emissions they discharge.
Even as attested by trusted experts the excitement for the Callisto project is getting higher on the different social platforms other areas.
CONCLUSION:
Callisto Network (CLO) is indeed the future of the digital blockchain space, bringing a value proposition that is new and fresh into space. More interesting is that beyond providing a solution for problems it is an incentivized platform that is top-notch for investors
THE TEAM
I cannot end this piece without commending then team for developing this project. With a vastly experienced team, it is obvious they will bring the needed value to gluts of users across the board.

For more insight on the Callisto Network (CLO) project, please click on the links below:
Website: https://callisto.network/
Github” https://github.com/EthereumCommonwealth
Twitter: https://twitter.com/CallistoSupport
Telegraph: https://t.me/CallistoNet
Facebook: https://www.facebook.com/callistonetwork/
Reddit: http://reddit.com/r/CallistoCrypto
Discord: https://discord.gg/fGdPSA2


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