Callisto. What to expect from the fork Ethereum Classic next week

February was a month of announcements of new forks. First, the creation of new cryptocurrencies , said the authors of the Litecoin project Cash, and then appeared the information about the anonymous MoneroV. Now came the turn of Callisto.

The March fork Ethereum Classic

Callisto detach from the Ethereum blockchain Classic on the block under number 5 500 000, according to the News.bitcoin. The tentative date fork 2 March. The coin will get Ticker CLO and get the owners ETC in 1:1 ratio. Course Ethereum classic in the coming days it will increase.

A detailed project description is here. The main goal of developers is to achieve a high level of security smart contracts. The authors want to make Callisto a continuation of the community Ethereum classic. To prove the honesty of their intentions even create a formal audit of smart contracts and CLO ETC.

Our main goal is to explore and create reference implementation of the blockchain ecosystem and development environment with self-support, administration and financing.

Another innovation will be the introduction of “cold of Staking”. Report means the remuneration not only of miners, but the owners of the coins.

It is worth noting that in ETC there is no incentive for holders of coins. The emission is fully controlled by the miners, and their influence increases with the growth of the network. Callisto the Protocol is “cold Staking”, which will reward the owners for your part in the life of the network.

For awards do not need to create masternode or confirm the transaction. This mechanic is reminiscent of Bank deposits.

The project involved a developer under the pseudonym Dexaran. He has spent the ICO DEX. Will burn out if the idea — we’ll see next week.

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