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.

What is CEX and DEX and what is their difference?

To trade and exchange digital assets, you need to go to cryptocurrency exchanges. These online services can be centralized or decentralized.

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.

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.

We've updated our tokenomics model! Now you can earn by staking LP-tokens. For those who stake tokens in advance, there’s a bonus! The program is coming soon, read our new article and stay tuned!

It's the beginning of a new week, and that means it's time for the worklog. Sharing the news and accomplishments of our team with you! Let’s see what we’ve done last week.

1. Created a new Telegram channel, and we’re also preparing to launch our educational channel for crypto beginners. For now it will be in Russian only, but if we have a request from you, we’ll make one in English, too!
2. Expanded our design team with a UI/UX specialist.
3. Redesigned the Autocomplete feature in the Console tab of Dashboard — it became more understandable and visually pleasing (it looks like a pop-up window with a choice of one of the commands for a node).
4. Continuing to develop a VPN-client page, which will allow you to connect to VPN directly from the Dashboard.
5. Developing the aggregate signature. This is intended to enable hundreds of thousands of nodes to participate in the consensus.

Join our AMA today💥

Have a great Tuesday! We are back to share the news and achievements of our team.

1. Debugging Mileena and Backbone networks to improve speed and performance.
2. Continuing to fix bugs: node doesn’t crash when running plugins and on Linux, we also fixed http-response and static Python linking issues.
3. Held our regular AMA and answered your questions.
4. Launched the server for Web3 program interface.
5. Eliminating vulnerabilities detected by statistical analysis, fuzzing and manual search.
6. Developed smart contracts to receive test tokens — with their help we will be able to test the work of staking in the Ethereum test network.
7. Continuing to make changes to the Cellframe Dashboard, developing the Stock tab.
8. Preparing new detailed “how-to” guides for you. If you have any requests — be sure to tell us about them.

We hope your week was as productive as our team's! There's a huge amount of work being done every day, so today we're going to talk about the most important things of the week.

• We documented all Node's parameters and commands in our wiki: https://wiki.cellframe.net/en/soft/node_commands

• Reached the final stage of Web3 API development. Prepared a test site to test the mechanics and logic.

• Tested the http-server, which is built into the Dashboard — responses from it are successfully accepted, processed and issued. Very soon users will be able to create requests to Dashboard from their pages and get information about wallets and transactions themselves.

• The CTCrypt 2022 symposium was held in Novosibirsk on June 6-9. Our CEO Dmitry Gerasimov and cryptographer Evgeny Kramsakov attended it. There was a lot of interesting and useful information for both developers and cryptographers. You can read the short summary in our Instagram highlights: https://instagram.com/cellframe.network

We are happy to announce our new partner, Empera, a blockchain protocol.

Together we are building a parachain on the new Proof-of-Memory (PoM) consensus with commission-free transactions and smart contracts in Java Script. The parachain will be used to bridge with the Empera ecosystem. Each independent blockchain running on this consensus will automatically, natively have built-in bridges to other blockchains on the network.

Our post-quantum encryption technologies will make it a trusted link to the entire blockchain family.

Now you can create Web3 applications that function like the cloud applications that we're used to.

Our partnership opens up new possibilities for NFT (Action NFT), which fits perfectly with the Cellframe concept, where code and token are separated and can be combined.

Add quantum security, multi-level sharding, and be inspired by the synergy that occurs when our technology and Empera's technology are combined.

We'll continue to keep you updated on our collaboration.

You can learn more about Empera by visiting their website or following their social media accounts.

Website: https://empera.network

Telegram: https://t.me/emperanetwork

Twitter: https://twitter.com/EmperaNetwork

We are delighted to announce our new-found collaboration with Symbiosis, a crosschain liquidity aggregation protocol. This collaboration provides us a bridge with Ethereum, Polygon, Avalanche and other blockchains. Symbiosis gets access to our platform and becomes quantum-secure. And you will be able to transfer and exchange tokens quickly, safely and without unnecessary hassle.

Another benefit is Cellframe's increased liquidity which helps ensure lower volatility, thereby significantly bringing down the probability of pump-and-dump of our token.

Saying “Hello” to a new week with our regular series! Let's talk about what happened at Cellframe last week.

Started refactoring the node code to increase its speed and stability.

Continuing to actively develop the logic of the stock Dex page in the Dashboard, so that users can create buy/sell token orders, track the status and occupancy of orders, and use a handy candlestick chart.

Moved autobuilds from the cloud to the company's physical hardware to increase security and build speed.

As the team is expanding fast, we held the first ‘Rookie Day’ inside the company, where new employees were able to introduce themselves and get to know all the team members.

To keep the team informed and updated with new developments, we released the first internal team newsletter. This helps maintain structure before presenting it to our colleagues and ensures directional workflow.

Stay tuned!

Good morning!
While you pour some coffee and take a sip, let us walk you through the news for the week.
-Fixed errors in signature verification, listing of synchronization records, displaying wallet balance and MDBX driver features when creating a token.
-Fixed a bug with the 'Check Update' button. Now the update message is displayed correctly.
-Finished the basic mechanics of the Web3 API, adding and debugging new features.
-We have finished working with VPN node forms which will soon appear in the dashboard.
-At the AMA stream, we talked about the “crypto winter” and new partnerships, and answered your questions. One of those exciting collaborations is with QApp which will enable us to implement their post-quantum licensing onto our blockchain.
Stay tuned!