Ethereum Classic (ETC) Scheduling A Liftoff With Callisto (CLO) Airdrop
airdrop·@hotnight·
0.000 HBDEthereum Classic (ETC) Scheduling A Liftoff With Callisto (CLO) Airdrop
<html> <p><img src="https://oracletimes.com/wp-content/uploads/2018/02/ETC.jpg" width="452" height="250"/></p> <p> Keen market observers across the Crypto-Verse have noted two coins doing astronomically well in a period of Bitcoin (BTC) uncertainty. Bitcoin has shown that it is the King of the crypto markets. The trends of all other coins and tokens are tied at the hips to BTC’s performance. When Bitcoin pumps, every other coin and token follows suite. If it tanks, the rest of the market tanks like Kamikaze Pilots during WWII. But two coins have shown resilience.One of those coins is Litecoin (LTC) and it’s gains in the market can be attributed to two factors. The first is the supposed <a href="https://theindependentrepublic.com/2018/02/12/4-reasons-to-be-bullish-about-litecoin-ltc/">Litecoin Cash (LCC) fork</a> on the 18th of this month. The fork is yet to be confirmed. At the moment of writing this, no one on the web has confirmed that they have received the promised LCC coins. The second reason for Litecoin’s surge is the pending release of Litepay on the 26th of this month. </p> <p> </p> <h3><strong>So why is Ethereum Classic (ETC) gaining?</strong></h3> <p>Ethereum Classic (ETC) is doing astronomically well in the markets due to the Callisto (CLO) Airdrop announcement by the coin’s development team who are working on the Callisto Network Project. The ratio of the Airdrop is 1:1 and will happen after the 5,500,000 block of the Ethereum Classic ledger. We are currently on block <a href="https://gastracker.io/">5,440,755</a>. The targeted block will be reached on or before March 5th according to my research.The Callisto Network Project is an experimental change in the Ethereum Classic protocol with the aim of establishing a smart contract based on-chain governance system, that has a built in transparent financial funding mechanism. The protocol will balance the interest in the network between the miners and coin holders.<a href="https://drive.google.com/file/d/16sW_0YajCedBdLvr9jmgJqE9L-SzuYKq/view">Callisto (CLO) is a separate token</a> and will have a separate blockchain to that of Ethereum Classic. Callisto also introduces a cold staking protocol that rewards coin holders for being participants in the network by providing nodes. But to note is that for cold staking, a node is not entirely necessary. Owners of CLO can lock their funds in a Callisto Treasure smart contract for 1 month or longer. Each cold-staker account can participate in the decision making process by submitting a development proposal to the Callisto treasury smart contract or voting for or against already existing proposals.<strong>The question now is, how do you claim your Callisto (CLO) tokens.</strong>This should automatically happen immediately after the fork and depends if your Ethereum Classic (ETC) coins are in an exchange or a wallet like MyEtherWallet. In the case of the former, I am not 100% sure that exchanges will make the token available immediately for the owner. In the case of having ETC in a wallet, you need to configure the wallet to show Callisto Tokens and you will see them there. </p> <p><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV" width="480" height="270"/></p> </html>
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