Mainnet — what is it?
Mainnet is a blockchain that conducts real cryptocurrency transactions. In other words, it is the final product available to all users.
Developers deploy the mainframe network after working through all of the project's potential features on the testnet, which is its prototype.
The Cellframe mainnet is called the Backbone. It is structured like a typical parachain and consists of a zerochain — which is a blockchain common to all shards — and a plasma (DAG, split into shards). In addition to it, there are additional subchains: support chain shared by all users, rat chain, shard-partitioned linear flow chain blockchain, and a number of others, specific to Backbone-registered node services.
Mainnet is a blockchain that conducts real cryptocurrency transactions. In other words, it is the final product available to all users.
Developers deploy the mainframe network after working through all of the project's potential features on the testnet, which is its prototype.
The Cellframe mainnet is called the Backbone. It is structured like a typical parachain and consists of a zerochain — which is a blockchain common to all shards — and a plasma (DAG, split into shards). In addition to it, there are additional subchains: support chain shared by all users, rat chain, shard-partitioned linear flow chain blockchain, and a number of others, specific to Backbone-registered node services.
What is the difference between Testnet and Mainnet?
Before rolling out the project and presenting it to the public, the developers launch test networks. They can be considered a beta version of the mainnet.
In Cellframe, the testnet is different from the mainnet. The main network has a DAG (directed acyclic graph) consensus, based on the Hashgraph algorithm. Thus, our project has two different consensus on two different subchains. Developers can evaluate their speed. The main node chooses what purpose each subchain serves for. In addition, it is possible to choose the method for the transaction. Different mempools are provided for different subchains.
Before rolling out the project and presenting it to the public, the developers launch test networks. They can be considered a beta version of the mainnet.
In Cellframe, the testnet is different from the mainnet. The main network has a DAG (directed acyclic graph) consensus, based on the Hashgraph algorithm. Thus, our project has two different consensus on two different subchains. Developers can evaluate their speed. The main node chooses what purpose each subchain serves for. In addition, it is possible to choose the method for the transaction. Different mempools are provided for different subchains.
How is Proof-of-Stake different from Proof-of-Work?
The fundamental difference between PoS and PoW is that it is independent of the computer's processing power. If a coin is inexpensive and the system requirements of the network are not too strict, a node can be run on a home computer.
The transaction speed of PoS-blockchains is also much faster than PoW: 2K transactions per second for TRON versus 1 transaction in 10 minutes for Bitcoin.
Another perk is rate stability. Token holders are required to keep coins in an account under the terms of staking. This greatly reduces the likelihood of a panic sale of coins and increasing rate drawdowns.
The fundamental difference between PoS and PoW is that it is independent of the computer's processing power. If a coin is inexpensive and the system requirements of the network are not too strict, a node can be run on a home computer.
The transaction speed of PoS-blockchains is also much faster than PoW: 2K transactions per second for TRON versus 1 transaction in 10 minutes for Bitcoin.
Another perk is rate stability. Token holders are required to keep coins in an account under the terms of staking. This greatly reduces the likelihood of a panic sale of coins and increasing rate drawdowns.
What is a stablecoin?
Stablecoin is a cryptocurrency that is backed by any fiat currency (dollar, euro, pound of sterling, ruble), whose value is set by the state. Some stablecoins are backed by gold.
The value of Stablecoin is considered stable unlike cryptocurrencies, which are highly volatile. Its price can rise or fall sharply in a short period of time.
They can be centralized or decentralized. The former are controlled by a third-party, the latter are based on blockchain technology.
Cellframe plans to issue its own stablecoin, which will be backed by both dollar and ruble. It will be created after the implementation of WASM-based smart contracts in our ecosystem.
Stablecoin is a cryptocurrency that is backed by any fiat currency (dollar, euro, pound of sterling, ruble), whose value is set by the state. Some stablecoins are backed by gold.
The value of Stablecoin is considered stable unlike cryptocurrencies, which are highly volatile. Its price can rise or fall sharply in a short period of time.
They can be centralized or decentralized. The former are controlled by a third-party, the latter are based on blockchain technology.
Cellframe plans to issue its own stablecoin, which will be backed by both dollar and ruble. It will be created after the implementation of WASM-based smart contracts in our ecosystem.
CEX (Centralized Exchange) is a centralized cryptocurrency exchange that has its own automated liquidity provider (Automated Market Maker, AMM). Any transactions go through internal centralized servers without access to private wallets. Usually, CEX operate under the supervision of regulatory authorities. You have to be authenticated before you start trading.
DEX (Decentralized Exchange) is a cryptocurrency exchange built on blockchain technology. It has the basic features of CEX, including AMMs, only they are decentralized. DEX is not based on internal servers and its own IT infrastructure, but acts as a decentralized application (dApp) on blockchain. It is free from the requirements and rules of intermediaries. Each user has full access to their private keys and their crypto-assets. DEX provides complete anonymity without requiring users' personal data. Decentralization minimizes the risk of hacking and theft of information and funds.
DEX (Decentralized Exchange) is a cryptocurrency exchange built on blockchain technology. It has the basic features of CEX, including AMMs, only they are decentralized. DEX is not based on internal servers and its own IT infrastructure, but acts as a decentralized application (dApp) on blockchain. It is free from the requirements and rules of intermediaries. Each user has full access to their private keys and their crypto-assets. DEX provides complete anonymity without requiring users' personal data. Decentralization minimizes the risk of hacking and theft of information and funds.
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Staking or node? Yes!
Now, apart from the commission from the master node, you can earn on CELL staking. How to run a node if I have blocked my CELL, you ask. We asked too and have developed the mCELL LP token. You can not trade it on an exchange, only delegate to run a master node. You can get it for staking CELL
We are testing our program, and you can lock your tokens on Uniswap and Pancake. It may be single tokens with CELL and stake with a pair with NB, ETH, USDT and BUSD. By the way, the CELL/BUSD pair brings more income than the others. The difference is about 10%.
Those who lock their tokens before the launch of the native staking program will receive a bonus. Like any LP token, mCELL expires if you unlock your stake.
We are preparing a detailed manual for it.
Now, apart from the commission from the master node, you can earn on CELL staking. How to run a node if I have blocked my CELL, you ask. We asked too and have developed the mCELL LP token. You can not trade it on an exchange, only delegate to run a master node. You can get it for staking CELL
We are testing our program, and you can lock your tokens on Uniswap and Pancake. It may be single tokens with CELL and stake with a pair with NB, ETH, USDT and BUSD. By the way, the CELL/BUSD pair brings more income than the others. The difference is about 10%.
Those who lock their tokens before the launch of the native staking program will receive a bonus. Like any LP token, mCELL expires if you unlock your stake.
We are preparing a detailed manual for it.
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