Ask Me Anything with Dexaran 24/03/2019
@Dexaran: Hello, Callisto Community
Hi Dexaran! What kind of reaction Binance, after the audit found errors in the BNB? Have the developers contacted you?
I would say no.
Everything is calm as if nothing happened. No one pays attention.
I would say that this is a typical situation for ERC20 token problems. People are still losing money, however the developers do not pay attention. In addition – they can’t fix this problem and they prefer to do nothing.
And you could solve this problem? Is it possible?
It is possible to deploy a new contract. However, this will require to announce that the old one is deprecated, warn every exchange and stop the trades until the migration is completed.
This is unlikely that they will ever do it.
I’m not sure I understand this answer, it seems like you’re saying that even though Callisto found problems with a contract the creators wouldn’t go through the process of solving it, or are you referring specifically to Binance Coin audit?
I’m talking about the fact that the demand on smart-contract audits is not so high right now.
As for BNB, not all auditable contracts can be fixed. In most cases developers can fix the problem if the contract is not yet deployed. It is way harder to fix a problem in already deployed contract on Ethereum. EOS contracts can be fixed at any time unlike Ethereum contracts.
Theoretically, could ethereum be upgraded to support such functionality if they really wanted to?
Yes they could. I think that Ethereum is focusing on “code is law” paradigm and trying to build an environment of unchangeable programs which is impossible in my opinion and from historical point of view (TheDAO, Parity multisig and other hacks).
BNB was the customer of the audit?
They didn’t request this audit. We did it because a third party side asked us.
Hi Dex. How are you?
Keeping the course of improving the crypto security.
When will the partnership with a major exchange be announced?
Please, ask @alejomc about marketing activities.
Dexaran in the next future you will change rewards for stakers and miners?
Yes, the monetary policy is already announced. You can read more here: https://github.com/EthereumCommonwealth/Roadmap/issues/56
Can you explain how CLO is accrued during Cold Staking? Any formula?
What is the next thing for the community to look forward to? Promotion? Building ?
This is related to marketing activities. Please, ask @alejomc about marketing activities.
when you will deliver cold staking for ETC? We are waiting for you to submit an ecip and you promised to do it last week
I’m aware of this and I would be really happy to do it in the near future. I was busy during the last week – that’s why I couldn’t submit it.
What new is planned to be done by marketing?
Please, ask @alejomc about marketing activities.
Due to the new rules of reducing coins for blocks, what will happen in the distant future when the rewards for blocks will no longer be enough to pay for the work of auditors ?
We are planning to start charging “gas fees” in future. However, this is still in discussion stage.
Is the demand for auditing smart contracts growing? What is the dynamics?
It is hard to say, however I expect a significant increase of the demand at the beginning of the next bullish cycle.
Hi, Dexaran! Thanks so much for listing on Bitfinex. Tell me please, is it expected to introduce additional functions of the Callisto Network project in the near future (except for the audit of smart contracts)?
It is planned to develop a decentralized governance system. The governance system is intended to serve as an agnostic source of funding for those developers, who are not Callisto team members.
Why not start a new monetary policy earlier?
This changes require hardfork. First of all, we need to develop, test and prepare the solution. Then we need to convince exchanges, mining pools etc. to upgrade their nodes. This is way better to make it properly rather than rush and make a fatal mistake.
Dexaran, are we expecting interesting news in the near future on partnerships with other crypto projects (or large companies)?
I don’t have any official announcements yet
what are you working on now if it is not secret?
I’m developing a new formula for the calculation of security auditors payments as well as preparing the ground for the EOS security department functioning. I’m working on EOS-based smart-contract, for self-education reasons to achieve better understanding of underlying technology. EOS is evolving quickly. Even my 2-months-old contract from Kylin testnet are not up to date now.
so you prcefer eos contracts over etc and eth contracts?
because of programming language or for other reasons?
C++ is definitely a better choice over solidity, but this is not the only argument. The whole idea of “unchangeable programs” is a myth in my opinion and from what we have seen. It is just impossible to write error-free code – thats why upgradable contracts are the only viable solution.
In the case of conventional contracts, the contract change is performed only by agreement of the parties, how to be in a distributed ecosystem where the number of parties is millions?
If we are talking about the “upgradeability” option of a contract then I would say that the ability of the contract to be upgraded is defined by the contract owner in EOS.
As for Ethereum – they could use the same approach if they would aim to provide this functionality.
Dear Dexaran, the idea of paying for work with the help of cryptocurrency is very promising, especially since the Callisto network has the opportunity to hire and pay for work “to its employees”. Maybe you have considered the options for the implementation of other projects in addition to the audit of smart contracts, if so what?
We don’t have any official announcements for now
Are you satisfied with the work of the marketing Department? Just when you look at how dead projects grow, there are doubts in marketing policy
The pump&dump growth is taking place in your scenario. I would say that each project is growing at its market phase. Some altcoins tend to move in “packs”. I would say that CLO should move when the growth stage of low-sat coins will come during the next bullish phase.
just to mention – it would be nice to implement button to stake all clo in CEW because it is really annouing to copy paste this numbers by hands
and also will it be possible to do button like “restake with claimed reward”?
I would say that this is possible, but we are not planning to do this in the near future. It was planned to upgrade the Cold Staking contract in the next hardforks. This will allow to restake automatically.
dear @Dexaran, there is an urgent need to develop marketing and advertising, and You as the founder need to control it and take it seriously. Thank you, sir
I would say that building a working product is of decisive importance in my opinion. The demand will come at the proper stage of market cycle. Keep patience.
Dexaran. How long do you stay anonimni ??
I don’t know exactly. Probable 3-4 years.
The developers of the EOS along with your idea about audit smart contracts on the network EOS?
It seems that I didn’t understand the question. Can you rephrase please?
how developers EOS reacted to your idea about audit smart contracts on the network EOS?
There was not so much attention. We need to do something useful/show some results first. EOS community is very large and there are a lot of news apart from our announcement.
How can I view incoming transactions from cold stacking? they are not displayed in the main explorer.
Do you mean the transactions that are “claim reward” calls?
I want to conduct an analysis of earned coins on the cold stacking, how can I do this?
Hi Dexaran, i know you are focused to develop the audit team but did you consider implementing with the team a mechanism to give the clo coin an extra use like special audits, priorities, or new services on exchange of clo payments that will be an extra fund to the devs as an incitation too to use clo ? Not speaking in the near future but more long term
We have an “increase the priority of audit request by paying CLO to Treasury” feature. This is not a great source of income now.
Hi, why is the project so slow? why so few normal exchanges? The stock exchange is a good advertising for our project. and more different people will be able to trade the coin. for us we need – exmo.com, poloniex.com, kucoin.com, binance.com, bittrex.com, kuna.io
From what I know:
1. Binance requires too much fees and only ICOs that rise $10M can afford it while we are not an ICO project.
2. Bittrex, Poloniex – in progress
3. Kucoin is dying and it is not worth our resources.
Other exchanges – I don’t know because @alejomc is responsible for this.
How many Callisto nodes are currently deployed compared to ETC and ETH nodes ?
I don’t have the exact info at the moment, however it would be nice to collect this statistics. Adding this point to the TODO list.
@Dexaran, You several times mentioned @alejomc why he’s not complements your words? where is he? it would be interesting and useful to us. We can solve all the issues at once here today. Thanks.
Admin: Most of the team are here, but todays AMA is with Dexaran to allow questions more focussed on the technical side.
We done AMA’s before with multiple people at the same time, but it is very difficult to follow then. If you do have any urgent questions you can always send a message to @alejomc directly, or wait for the next AMA with Alejo
where will you deploy the resource rental contract for eos?
I didn’t understand the question. What exactly are you asking?
does clo have official address at eos? if your auditors will test contracts in live environment you need to give them resources to do so. you could refer to testing results in the report
We don’t have an official address at EOS.
Also, our auditors are not performing any tests in “live” environment (in case of Solidity contracts). However, I found this idea to be useful. I can write a faucet and provide CPU/NET for each member of CLO security department if necessary.
Bitcoin was born as a currency, then become a business. After that we had the start of a lot of cripto. Now there are still a lot of projects, some intresting like clo and a lot of other coins… but the original concept of “digital money” was almost lost. And maket is done by whales and investors.
What will be the future in the market? There will be a moment where we will buy really goodies at a local market using crypto? If so there will be only a little bit of used crypto… or you think that experimental projects, distributed computing ecc will be the future?
“What will be the future in the market” There will be a moment where we will buy really goodies at a local market using crypto? If so there will be only a little bit of used crypto… or you think that experimental projects, distributed computing ecc will be the future?
Censorship resistance is the ideology behind Bitcoin. I would say that BTC is the worst crypto from technical point of view – it is the slowest, the eldest and it should be deprecated at some point.
As for distributed computation market – it is still an unsolved problem and I’m waiting for a “computation markets” to be developed. I don’t know if some of todays crypto projects will be live in 10 years – the industry is evolving very quickly. My bet is that XRP will be one of the most adopted crypto assets.
How do you plan to expand glad your specialists, talents who work with you and of course supporters? After all, your project is completely dependent mainly on an intellectual resource, and therefore must always surpass many other projects.
The more crypto industry is growing, the more security auditors/marketing we can afford. With the growth of the whole industry the growth of CLO (and CLO team) will come.