Cryptocurrency overview: Pirl and Callisto Network (CLO)

As part of the Naminim on Lambo experiment, we, together with MineCenter, launched 2 rig farms of 6 AMD Radeon RX 570 video cards and a rig of 4 NVIDIA GeForce GTX 1070 cards. In this article, we will talk about those coins that we decided mine on our farm.

Rig - This is an integrated element of the computer power supply and video cards.

Farm - this is one or more rigs.

This is a review of two whole coins that our team chose for mining on graphic farms. The first Pirl coin (PIRL) is mined in the rig: NVIDIA 1070 of 4 cards with a capacity of 120 megahashes per second, and the Calisto Network (CLO) coin is mined in the barn: Radeon RX 570 of 6 cards with a capacity of 179 megahashes per second.

Immediately, I note that both projects immediately offer to download and read their white book:

• white paper pirl
• white paper calisto

What are they interesting?

---

PIRL

Let's start the review with the coin Pirl. This is the first blockchain based on Ethash, which has the ability to create masternody. They focus on the development of the blockchain, like technology, through the development of Dapps (decentralized applications, Data Storage, Communication, Entertainment, and Escrow Trading).

Coin Specifications:

Algorithm: Dagger hashimoto
Block reward: 10 PIRL
Block time: 13 sec
Reward (Miner): 6Pirl
Reward (node): Xnumx pirl
Development Fund: Xnumx Pirl
Cost in the market: 0.11 USD
Capitalization: 3 million USD

Objectives and technological base of the project:

The project aims to contribute to the solution of problems that arise in the blockchain sphere, namely:

• Weak integration of blockchain and cryptocurrency in the world.
• Potential centralization of Dapps hosting.
• Lack of real products for business.
• Network security and scalability.

How the team is going to solve these problems can be found in the white paper. It outlines the idea of ​​a cryptocurrency and its ambitions. We will only voice the main directions:

• The development of audience involvement in the technology P2P.
• Facilitate user integration with Dapps (decentralized applications).
• Using Dapps based on Pirl.
• There is a network scalability and safety strategy.

Technological component of the project Pirl

The guys build their network using the following IT development. Let us briefly describe each of them:

• Masternody - I think our reader knows what it is, but for those who have just joined, let's say. A masternode is a node in the network with a fixed number of coins. While the coins, like money in a bank, are blocked, you, as a node holder, receive a reward in the form of new coins from a fresh network block.
• IPFS – Immutable Hypermedia Protocol. Interplanetary File System. Distribution and connection of files using the P2P method on all connected computers with the introduction of a hash encoding of data so that the nodes can trust each other.
• Smart Contracts I think a lot of people are familiar with this. Smart contracts allow you to formalize the relationship between network participants, people, companies, and value. The rules of the contract set the conditions for its execution and obligations between the parties, after the conditions are reached, the contract works automatically.
• EVM is a machine designed to protect and keep the network secure.
• WEB3.js Ethereum JavaScript API is the idea of ​​a decentralized internet in which users manage their own personal information, its identity and use, using an Ethereum compatible JavaScript API.

Features of the project

Pirl has a set of features, so let's say its products, which it offers to the market and users.
First of all, the team wants to start creating a market by developing a marketplace. As part of it, the concept of blockchain involvement and integration will be developed. Users will be able to:

• Buy, sell and guarantee the safety of assets.
• To write smart contracts about the offer of services and services.
• Create your own shop space.
• Use a rating and rating system, as well as conflict management.

PirlApp applications will be used to store and transfer data, marketplace and live streaming of content. In addition, they intend to organize a development fund supported by the project incubator, where the PIRL network will be developed.

The payment system PirlPay includes a method of communication between data and commerce, this includes payment for services and services of merchants. The platform offers Ezminer, a system for simplifying and automating mining, and Poseidon, a system for storing security keys and logging to services.

Roadmap and project team

The project site has a roadmap with the latest updates on the development status of each stage. It shows a lot of areas on which the development team is currently working. The main part of 100% is ready, it is the blockchain life system, it includes wallets for Mac, Windows and Linux, Ezminer, Incubator, mining pool, explorer block, the other parts are made on 25-80%, these are branding and masternods, and market platform.

The team consists of heterogeneous professionals. All are adult uncles and aunts with extensive experience in the development of 10-18 years. The project is open, all team members do not hide any names or persons. This adds confidence, you can contact them in the discord.

---

Callisto Network

Callisto is an open decentralized platform based on go-Ethereum, open source with its own CLO cryptocurrency. The main goal is to research and develop a self-managed and sustainable ecosystem. Callisto was created by the ETC development team. The project was just created in order to solve some of the problems of the Ethereum Classic network, namely the task of increasing the scalability of the network and introducing the “cold staking” (cold storage) protocol. It is important to understand that CLO is not a hard fork of ETC. This is a sidechain, that is, a project with its own separate blockchain, which will develop in parallel with the main Ethereum Classic network.

Coin Specifications

Algorithm: Dagger hashimoto
Block reward: 600 CLO
Block time: 15 sec
Maximum number of coins: 6,5 billion CLO
Cost in the market: 0,005 USD
Capitalization: 3,5 million USD

Objectives and technological base of the project

Since they create a platform for research and development on an open resource, the main goal of the project is to improve the security of the crypto-industry and the adaptation of cryptocurrencies in society. They want to achieve this by introducing and developing the following points:

• Creating a secure environment for collaborative protocol development using smart contracts with additional features that include a structure of contract managers and auditors. The task of which is to control, check and correct each other.
• The introduction of the possibility of cold stacking with a management system and self-investment.
• Development of network scalability, which is a big problem for the blockchain industry and interaction with other blockchains.

Features of the project

• The first coin with the function of cold stacking – the protocol rewards long-term custodians of coins. This is not the usual PoS, since it works through a system of smart contracts on Solidity, where 20% of the network reward will go to reward coin holders.
• Free built-in audit system - since real smart contracts have vulnerabilities that are used by hackers, Callisto decided to implement a verification system with the help of GitHub and the community. As a result, contracts will be reviewed by auditors for correct architecture and subject to technical analysis.

Roadmap and project team.

In 2018, the project team consists in part of the ETC developers as 9 people. You can learn more about the team on the project site itself. It remains to hold the most significant event, it hardforkwhich will be a new stage for the project. As a result, integration of cold storage and stacking with smart contracts will be initiated. The entire subsequent 2019 year will be devoted to testing and development of this system, at the end of which another one planned for the end of the year will be held hardfork.