English
CLO (Callisto)
Total Votes: 8
Release Date:2018-03-03
Initial Price:$ 14,065
Total Supply:6,500,000,000
Category:Smart Contract
Callisto Network: a Blockchain technology, Cryptocurrency and Smart-Contracts:
Callisto Network is a blockchain platform with its own cryptocurrency (CLO) that is based on Ethereum protocol, so any Callisto improvements can be applied to Ethereum Classic. Callisto is NOT a testnet or a hardfork of Ethereum Classic. Callisto Network is developed by Ethereum Commonwealth, one of three ETC development teams.

Smart-contract ecosystem security:
Callisto will address this problem by introducing an "Official Smart-contract auditing department of Ethereum Commonwealth". Smart-contract auditors will be paid at protocol level (analogue of smart-contract treasury), thus auditing will be completely free for smart-contract developers.

Scalability of ETC & CLO networks:
We do not plan to invent our own mechanisms of transactions relaying and sidechain implementations. We are looking forwards at crosschain-relation mechanisms of 3d generation blockchains (such as EOS.io and AION). It is planned to improve the scalability of ETC & CLO with already-existing mechanics that prove to be effective.

New protocol-level enhancements:
ETC community is very conservative. Some of the ETC improvements will come out at CLO network regardless of whether it will be accepted by two other development teams of ETC or not. For example: cold staking protocol and on-chain governance system.