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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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!
Telegraph
Cellframe Tokenomics 2.0
The updated tokenomics assumes revenue not only from the provision of services but also from liquidity. Additional rewards are also coming from the long-term LP-holding. We have changed the reward ratios to bring more liquidity to the UniSwap and Pancake…
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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.
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.
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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.
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.
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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 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
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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.
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.
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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
Website: https://empera.network
Telegram: https://t.me/emperanetwork
Twitter: https://twitter.com/EmperaNetwork
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