Callisto Network
WebsiteSecurity DepartmentTwitter
  • Whitepaper
    • ๐Ÿ‡ฎ๐Ÿ‡นWhitepaper (ITA)
    • ๐Ÿ‡ฎ๐Ÿ‡ณWhitepaper (TELUGU)
    • ๐Ÿ‡ฎ๐Ÿ‡ณWhitepaper (HINDI)
    • ๐Ÿ‡จ๐Ÿ‡ณWhitepaper (CN Traditional)
    • ๐Ÿ‡ญ๐Ÿ‡ฐWhitepaper (CN Simplified)
    • ๐Ÿ‡ซ๐Ÿ‡ทWhitepaper (FR)
    • ๐Ÿ‡ต๐Ÿ‡ญWhitepaper (PH)
  • ๐Ÿ“ŒStrategic Plan
  • Callisto Network Vision
  • ๐Ÿš€Callisto Network Progress Tracker
  • ๐Ÿ—“๏ธEcosystem Reports
    • Callisto Monthly - February 2023
    • Callisto Monthly - January 2023
      • ๐Ÿ‡ฎ๐Ÿ‡นCallisto Monthly - January 2023 (ITA)
      • ๐Ÿ‡ซ๐Ÿ‡ทCallisto Monthly - January 2023 (FR)
      • ๐Ÿ‡ฎ๐Ÿ‡ณCallisto Monthly - January 2023 (TELUGU)
    • Callisto Monthly - December 2022
      • ๐Ÿ‡ฎ๐Ÿ‡นCallisto Monthly - December 2022 (ITA)
      • ๐Ÿ‡ซ๐Ÿ‡ทCallisto Monthly - December 2022 (FR)
      • ๐Ÿ‡ต๐Ÿ‡ญCallisto Monthly - December 2022 (PHI)
    • Callisto Monthly - November 2022
      • ๐Ÿ‡ซ๐Ÿ‡ทCallisto Monthly - November 2022 (FR)
      • ๐Ÿ‡ฎ๐Ÿ‡นCallisto Monthly - November 2022 (ITA)
      • ๐Ÿ‡ฎ๐Ÿ‡ณCallisto Monthly - November 2022 (TELEGU)
    • Callisto Monthly - October 2022
      • ๐Ÿ‡ฎ๐Ÿ‡นCallisto Monthly - October 2022 (ITA)
      • ๐Ÿ‡ซ๐Ÿ‡ทCallisto Monthly - October 2022 (FR)
      • ๐Ÿ‡ต๐Ÿ‡ญCallisto Monthly - October 2022 (PHI)
      • ๐Ÿ‡จ๐Ÿ‡ณCallisto Monthly - October 2022 (CN Simplified)
      • ๐Ÿ‡ญ๐Ÿ‡ฐCallisto Monthly - October 2022 (CN Traditional)
      • ๐Ÿ‡ท๐Ÿ‡บMonthly - October 2022 (RU)
    • Callisto Monthly - September 2022
      • ๐Ÿ‡ฎ๐Ÿ‡นCallisto Monthly - September 2022 (ITA)
      • ๐Ÿ‡ซ๐Ÿ‡ทCallisto Monthly - September 2022 (FR)
      • ๐Ÿ‡ต๐Ÿ‡ญCallisto Monthly - September 2022 (PHI)
      • ๐Ÿ‡จ๐Ÿ‡ณCallisto Monthly - September 2022 (CN Simplified)
      • ๐Ÿ‡ญ๐Ÿ‡ฐCallisto Monthly - September 2022 (CN Traditional)
    • Callisto Monthly - August 2022
      • ๐Ÿ‡ฎ๐Ÿ‡นCallisto Monthly - August 2022 (ITA)
      • ๐Ÿ‡ซ๐Ÿ‡ทCallisto Monthly - August 2022 (FR)
      • ๐Ÿ‡ต๐Ÿ‡ญCallisto Monthly - August 2022 (PH)
    • Callisto Monthly - July 2022
      • ๐Ÿ‡ฎ๐Ÿ‡นCallisto Monthly - July 2022 (ITA)
    • Callisto Monthly - June 2022
    • Callisto Monthly - May 2022
    • Callisto Monthly - April 2022
    • Callisto Monthly - March 2022
  • Technologies
    • ๐Ÿ“ˆCallisto Dynamic Monetary Policy
      • Crypto-models To Overcome Inflation and Callisto Network's Approach
      • Skuld Hard Fork - Update On Progress
    • ๐ŸงŠCold Staking
      • Cold Staking And PoS Staking Comparison
    • ๐Ÿช™Wrapped Callisto (ccCLO)
    • ยฎ๏ธDexNS 2021
    • โ›๏ธProof of Work
      • ZPoW #1 - Exploiting The Block Time & Block Size
      • Callisto Network Introduces the Dynamic Gas Price
    • โ“‚๏ธCallisto Network Masternodes
    • ๐ŸŽ“Tutorials
      • Setting Up Metamask For Callisto Network
        • Update the RPC URL in MetaMask
      • How to buy Callisto with Your Credit Card
      • How to Run a Callisto Network Node?
      • Callisto Network Masternodes Set-up
    • ๐ŸŒCallisto Hub
    • ๐ŸงฉWeb 3.0 Infrastructure
    • ๐Ÿ”Chain Inspector
  • We Fund You!
    • ๐Ÿ’ฒWe Fund You!
      • We Fund You Award - 1st Edition
  • Security Department
    • ๐Ÿ”Auditing Department
      • Auditing Department Amendment v5
    • ๐Ÿ“–Documentation
      • ๐Ÿ›ก๏ธSecurity Department Best Practices
      • ๐Ÿช™ERC 223 Token Standard
        • ERC20 Standard Main Issue
      • ๐Ÿ–ผ๏ธCallistoNFT Standard
        • Roadmap
      • โœ–๏ธCross-Chain Bridges Security Model
    • Products & Services
      • ๐Ÿ”Security Audits For Smart Contracts
        • Mission: Securing The Smart Contracts Ecosystem
        • Trust and Smart Contracts: Code is the Limit
    • ๐ŸคVarious Contributions
      • Ethereum Classic
        • ECIP-1092 51attack solution: PirlGuard & Callisto proposal
      • Ethereum
        • Statement regarding Geth v1.10.8 split
      • EOS
        • Page 1Chintai (EOS resource exchange) low severity issue.
        • EOS congestion 9/13/2019 and EOSPlay hack
      • Ultimate solution to 51% attacks: amend the Nakamoto consensus
  • Hack Investigation Dept.
    • Hack Investigation Department
    • Helio Exploit
    • Binance Bridge Hack
    • TempleDAO's STAX Contract Hack Investigation
    • NFT Theft Analysis
    • AUDIUS Governance System Exploit Overview
    • LUNA โ€˜Hardforkโ€™ Review
  • One Earth, One Heart
    • ๐ŸŒŽOne Earth, One Heart
    • ๐Ÿ’šCallisto Charity Efforts
  • Community
    • ๐Ÿ“ฅCallisto Network Improvement Proposals
    • ๐Ÿ’ฌCallisto AMAs
      • Callisto Team's Ask Me Anything on 04/05/2023
      • Callisto Team's Ask Me Anything on 03/03/2023
      • Callisto Team's Welcome AMA on 10/11/2022
      • Callisto Team's Ask Me Anything on 10/10/2022
      • Callisto Security Team's Ask Me Anything on 02/09/2022
      • Callisto Team's Ask Me Anything on 28/07/2022
      • Dexaran's Ask Me Anything on 11/04/2022
    • ๐Ÿ“ŒGet Started
  • Callisto Enterprise
    • ๐Ÿช™Callisto Enterprise Token
      • Vision and Tokenomics
    • ๐Ÿ‘ฅTeam
      • Callisto Team Motivation System
  • In The Press
    • ๐ŸŸขCallisto Network
      • Ethereum, Ethereum Classic, Callisto Network, A Common History
      • Callisto Network: Three Years After Mainnet Launch
      • Czech Ethereum Killer
    • ๐Ÿ–ผ๏ธNFTs
      • Artist Creates And Then Destroys Art To Launch CallistoNFT
      • Security Network Develops New NFT Standard To Address ERC-721 Flaws
  • Miscellaneous
    • ๐ŸงฉMedia Kit
Powered by GitBook
On this page
  • Callisto Network Vision
  • Initial Vision: Testground for ETC Ecosystem
  • The Goal of the Project: Security DAO
  • Unique Features: Security, Cold-Staking, Governance
  • Security Department of Callisto Network
  • Cold Staking
  • Governance: Treasury
  • The Policy of Financial Transparency
  • Incubator of Ideas
  • The Recent Success of NFTs
  • Projects That Joined Callisto Ecosystem
  • Crosschain Bridge
  • Consensus Mechanism Upgrade
  • Consensus Mechanism Upgrade Researched by Dr.ZS at Callisto Enterprise
  • Expanding The Engagement
  • Exchange Listings

Callisto Network Vision

PreviousStrategic PlanNextCallisto Network Progress Tracker

Last updated 2 years ago

Callisto Network Vision

This article describes the ideology of the Callisto Network project and its successful aspects, experience, and further goals.

Initial Vision: Testground for ETC Ecosystem

Callisto Network was designed, funded, and launched as a sub-project of Ethereum Commonwealth with the initial goal of researching experimental improvements of Ethereum protocol that could be proposed to ETC afterward.

In the past years, we did everything that we originally planned. Anyone can find the links below to my proposals submitted to ETC for the experimental improvements we originally announced as a goal of the Callisto Network launch.

All the experimental improvements to the Ethereum protocol that weโ€™ve made were proposed to ETC and got rejected by ETC moderators. As a result, we decided that the original goals of the Callisto Network project were achieved, and we needed to pick a new development direction.

The Goal of the Project: Security DAO

The project's main goal was to enhance the security of the crypto industry. We witnessed TheDAO hack with all the consequences. We witnessed numerous other hacks. We all agree that this hurts adopting the "better financial system" and should never happen again.

The main goal of Callisto was to develop a solution to this problem or at least improve the situation. We started a Security Department that was third-party auditing projects for free. Then we promoted security practices used by our security department and offered other projects to use the Treasury + Security DAO structure to allocate a portion of their emission to improve ecosystem security.

This was not enough, however โ€” as we can observe, the adoption of the security improvement model is very low. The Security Department of Callisto proves to be efficient enough.

  • It was originally intended to be turned into a DAO that could operate autonomously. We faced a number of issues that prevented us from implementing the original idea of Security DAO, and therefore we didn't achieve this goal until now.

Based on the experience of the Security Department of Callisto in the past years, I decided to give up the idea of placing the burden of responsibility for the improvement of the security of DAPP ecosystems on Sec. Dep solely. As the paradigm of security engineers says, "Nothing can be perfectly secure, but you can introduce multiple layers of security to overcome the consequences of a breach." It was decided to develop an Insurance Department that would operate on top of the Security Auditing Department and therefore create an additional level of security.

  • Insurance Department is a promising feature that can be developed and promoted by Callisto Network, but it still needs to be implemented.

Unique Features: Security, Cold-Staking, Governance

Security Department of Callisto Network

While Security Department did not solve the issue of smart-contract hacks and did not become a reference prototype of โ€œDAO that can solve the problem of hacks,โ€ โ€” it still contributed to the security of smart contracts, mainly on the Ethereum chain. We performed over 400 security audits, the highest amount in the industry.

Not even a single security auditing company has the same number of smart contracts audited.

Cold Staking

Cold Staking code is used as a base for newer implementations. For example, SOY Staking is based on Cold Staking mechanisms.

Any ERC223 token can be made stakeable with almost the same code.

Several side projects are using similar approaches nowadays, and some are using the same code that Callisto introduced first.

Governance: Treasury

Callisto Network governance model was never implemented. Until now, we stayed with the initial โ€œtemporaryโ€ model with a manually controlled Treasury account.

The Policy of Financial Transparency

We were documenting transactions on-chain from the very beginning.

Financial transparency is essential for an open project such as Callisto Network.

Incubator of Ideas

This is a successful aspect of the project, and this practice must continue.

The Recent Success of NFTs

NFTs were trending in crypto during the past year, and we already have several NFT projects on the Callisto Network chain. We are using the CallistoNFT standard, and it brings significant advantages to the ecosystem by allowing users to (1) use their NFTs to record their data and (2) trade NFTs p2p bypassing marketplaces.

We must develop and improve the NFT ecosystem in the future as the adoption is harmed by the lack of explorers, NFT-supporting wallets, and a lot of peripheral services.

Projects That Joined Callisto Ecosystem

Crosschain Bridge

The Crosschain bridge is another successful aspect of the project. Interblockchain communications are the industry's future, so we are taking a step in the right direction.

However, the bridges are not autonomous and semi-centralized. It would be better to improve the implementation.

  • Introduce an abstracted bridge system that would allow for the implementation of non-EVM bridges

  • Improve decentralization

  • Improve automatization of the bridges

  • Research the possibility of bridge monetization and possibly provide Bridge-as-a-Service features to multiple side projects

Consensus Mechanism Upgrade

We want to improve the TPS metric and strengthen our position as an ASIC-resistant project. We are investigating the following possible upgrades to achieve this:

  • POW-POS hybrid consensus implementation

  • Consensus layer masternodes implementation

  • POW upgrade

Consensus Mechanism Upgrade Researched by Dr.ZS at Callisto Enterprise

The new conception introduces three types of blocks:

  • Voting blocks

  • Proposing blocks

  • Transaction blocks

Transaction blocks currently hold transactions like standard blocks on the Callisto Network chain. Proposer blocks should contain references to transaction blocks. Voter blocks contain the information needed to organize proposer blocks in the chain.

The increase in throughput can be achieved by packing transaction blocks into consensus-related blocks and separating the process of recording transactions to the network from block validation.

Expanding The Engagement

At the moment, we have a well-built community within Callisto Network. Some had followed us since the very beginning of the project when it was first announced within the ETC community. The developer's community within Callisto is relatively small. However, we offer many services that benefit smart-contract developers and their communities.

Our further goal is to improve our exposure within multiple smart-contract development communities and among DAPP developers.

Exchange Listings

For a long time, Callisto has been mainly traded at Bitfinex exchange. One of our primary goals is to increase the number of exchanges where CLO and its tokens are traded.

Cold Staking proves to be one of the most successful features of Callisto Network so far. It has evolved significantly since its first iteration. Cold Staking idea is based on . This theory states that mechanisms that force people to lock their coins for a significant period in exchange for % reward are a net beneficial financial tool for the whole ecosystem. This principle is proven to be working perfectly.

Well, what we proved correct is that having Treasury is far better than not having Treasury. From the very beginning, we were using Treasury to compensate for the results of multiple on-chain accidents (for example, that occurred right after the network launch). Many users got refunded, and many issues were easily prevented simply because we followed this practice.

Initially, we had the .

Later it was upgraded to a .

Finally, we ended up documenting transactions on-chain. Every transaction has hex-encoded data that represents the description of the transaction.

Earlier, we had system in place. The original idea was to allow the community to propose ideas and get funding for the implementation.

The idea evolved into . For comparison, EOS Network Foundation runs a as well. This practice has become trending in the crypto industry as it attracts new users and helps sustain the ecosystem's growth.

, Czech-based art gallery

, content infrastructure for virtual worlds

, NFT game developed by a community member

, NFT game developed by a community member

Recently, we have been looking into ways to improve our POW consensus. This is still in the โ€œresearchโ€ stage. Read more .

Here you can find a

Here you can find .

ECIP 1092: 51% attack solution
ECIP 1051: Treasury for ETC
ECIP 1052: Security Auditing DAO
ECIP 1057: Cold Staking for ETC
ECIP 93: On-chain registry of project media resources
gym markets theory
2miners pool split
old financial report in a Google spreadsheet
GDPR-compatible version
from Treasury address
EthereumCommonwealth/Proposals
the "We fund you" program
similar program
Artefin
TheRepublik
VIP Warz
PowerCar
CHOAM security token
Charity NFT
here
currently investigated paper.
the POW upgrade vision description