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Chuck Reynolds
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Chuck Reynolds   My Press Releases

Callisto is a MOON.?

Published on 5/13/2018
For additional information  Click Here

-- Callisto is a MOON –
And the Airdrop is Imminent!

Yes, Callisto is actually a moon –
Jupiter’s second largest as a matter of fact. But that’s not why you’re here.

For those of you who haven’t heard, the Callisto blockchain is essentially a hard fork of the Ethereum Classic blockchain. The whitepaper was only recently published – Jan. 16, 2018, to be precise. Before I carry on and tell you how to receive these free tokens, why not take a moment to sign up to our Airdrop Alerts list? This way you’ll never miss out on a juicy free airdrop ever again.

What is Callisto?

In the Callisto whitepaper, the author, Dexaran, lays out the aim of the new blockchain and how the development team will achieve those aims. “The main goal of Callisto is to research and develop a reference implementation of self-sustaining, self-governed, self-funded blockchain ecosystem and development environment…It will rely on built-in system of smart-contracts to achieve this goal.”

Since smart contracts have few tools available to enhance their security, Dexaran states that this issue will be addressed “with ‘Official Smart-contract Auditing Department of CLO & ETC.’ This represents a completely free opportunity of professional smart-contract auditing for end user.” Auditing can be an expensive process, but the Callisto developers insists that auditing services will be free for anyone to access in a move to make smart contracts on their blockchain more secure.

How do I get the Airdrop?

At some point between March 1 and March 5, block 5500000 will occur on the Ethereum Classic blockchain. At that point, a snapshot will be taken of the entire blockchain. Anyone holding ETC will receive 1 CLO for each ETC they have in their wallet. Since exchanges can decide whether to give you access to these tokens or not, it is a better idea to have your ETC stored in a wallet, like MyEtherWallet. When the Callisto MainNet launches, the ‘airdrop’ happens, and you’ll be able to see your shiny new CLO in your wallet. (Of course, you’ll have to set up a custom token to see them initially.)

Any More Freebies?

Yes, actually. The Callisto whitepaper states that two further forks are planned. The first, Nov. 11, 2018, will enable cold-staking, and the second, May 5, 2019, enables a governance system. It has not been stated whether there will be more coins issued at either of those points, but, hey, a fork’s a fork, and usually that means free tokens.

Article Produced By

Chronic crypto nut and freelance writer/editor for longer than I care to remember. Have finally found a home here at Crypto Disrupt.

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