Callisto Airdrop or Ethereum Classic Fork: All that you Need to Know

Callisto (CLO) airdrop is proposed for Ethereum Classic (ETC) holders. A preview will happen at square 5500000. The individuals who held ETC in the course of the preview will get CLO coins at a 1:1 proportion throughout the airdrop.

The Foundation And Objective

This appears to be a continuance of a project referred to as Ethereum Commonwealth.

To design a coin which its purpose is to signify a store of value and gives a reason to maintain the coin by executing cold skating. Cold skating is a procedure where you receive interest on coins by holding them for a particular period of time.

Make sure you acquire the airdropped coins

Taking into account this is an airdrop, it operates distinctively than a fork. To acquire the airdrop it is a must for you to be in an Ethereum Classic wallet where you are in charge of your personal keys or you must be in a programme that encourages airdrop.

Assert ownership of your forked coins

You will consequently have Callisto after the airdrop. All you need to do is to design an Ethereum Classic wallet like MyEtherWallet to demonstrate the Callisto token.

When will Ethereum Classic block 5500000 happen?

ETC blocks are added to the block chain rapidly (1 at regular intervals of 13.4 seconds as it stands currently). There is no official approximate time to offer, however, here is some approximate math. The approximate math is 13.4 seconds x 80,000 squares = around a million seconds; 1 million seconds is around 278 hours… so the fork is around 11 and a half days from today February 21, 2018; in this way, late night March 3, 2018, is an estimation. The issue with that estimation is that blocks can be included quicker or slower practically, so just a rough estimate at this time. The nearer we get to the block, the less demanding it will be to give an estimation of the time of the review.

When is the Callisto Airdrop?

The documentation is an indication that the airdrop will take place right after the review, but rationally it will require quality time to substantiate everything. In other words, it is not guaranteed at this point.

Any fork or airdrop can end up being genuine or not. We usually assume it is genuine if it has a Github. Therefore, we tend to assume Callisto is genuine, but we should keep in mind that this is a kind of clever ICO and not an official fork.