How Does Callisto Address Scalability?Īnother issue that Callisto tackles is scalability, specifically that of ETC networks and, by extension, CLO networks. There is more detailed information regarding the auditing process, including the registry and rewards, in the Callisto Network whitepaper. Everyone can submit these auditing requests, and because the funds come from the Callisto Network treasury funds, the auditing system should improve the security of the ETC ecosystem.
The callisto protocol platforms free#
Smart contract developers will receive the auditing completely free because of this method of paying auditors. The auditors of smart contracts will receive payment at the protocol level in an analog of the smart contract treasury. To address the issues related to smart contract ecosystem security, Callisto will introduce an “Official” department for auditing smart contracts within the Ethereum Commonwealth. 3 Why Does Callisto Create New Enhancements on the Protocol Level?.2 How Does Callisto Address Scalability?.The main goal of the network is to create a well-researched reference implementation of a blockchain ecosystem as well as a self-funded, self-governed, and self-sustaining development environment.
Additionally, the Callisto Network hopes to define as well as standardize the protocol used for reference implementation with a governance system, built-in cold staking, and a funding mechanism for development, all based on smart contracts.
Callisto Network is designed so it is possible to use built-in mechanisms like smart contracts to implement key features of the platform. These protocols combine core features within smart contracts with merged protocol-level configuration. Callisto Network is a blockchain platform based on the Ethereum protocol with it’s own cryptocurrency CLO, developed by Ethereum Commonwealth, one of three ETC development teams.Ĭallisto Network aims to boost ecosystem security by improving the methods for developing smart contracts and to implement experimental protocols.
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