AMA Transcript with Dmitry Gerasimov, November 27, 2025

AMA with Dmitry Gerasimov, November 27, 2025

Category: AMA

Title image, read title

Hello everyone, I am Dmitry Gerasimov, lead of the Cellframe Network project and here is our regular AMA session, and let's begin from the first question that you have sent us before.

The Cellframe bridge has been slow recently. What's the reason, and are there any solutions in the works?

The main reason is a refactoring of the bridge. We are updating our protocols and have already implemented some updates. Unfortunately, these updates require additional patches. While we are preparing them, some manual actions are needed, such as fulfilling shared wallets that are shared between bridge nodes. These actions are performed manually for security reasons, which sometimes causes delays.

The solutions are currently in development and will be implemented with the new release of Cellframe Wallet. They are closely related to this issue, as sending to the shared wallet is not possible with the current version.

After this update, we’ll start working exclusively with shared wallets, and these problems should be resolved.

Node.sys has announced a liquidity migration to CF-20, with the KEL token also being withdrawn from external networks. Does this mean ecosystem project tokens are now issued and traded only within the native CF protocol?

This is part of a migration process. Since this is not our native protocol and CELL, KEL, NYS, other tokens are primarily focused on CF-20. So all the external tokens, let's name them so, it's just intermediate solutions.

It's not the end solution and now just time to go away from the intermediate to the end solution. That's all. Eventually, CELL will be migrated from ERC-20 and BEP-20 as well.

The team is preparing a major update for Cellframe DEX. What are the key new features in this release?

There are two main new features. The first is partial order processing, and the second is a new API for trading bots.

In a previous AMA, you mentioned a future hybrid mode for Cellframe DEX. Could you tell us more about that?

When we talk about exchanges, hybrid mode usually means the platform supports two types of strategies simultaneously. One is manual market making, where buyers and sellers interact directly with each other. The other is automatic market making (AMM), which works through liquidity pools provided by liquidity providers.

Currently, we don't have a liquidity provider mechanism yet, but we are preparing it. Once the new standard CF-02 is ready, users will be able to create liquidity pools and contribute liquidity for trading.

When this is implemented, the DEX will operate in hybrid mode: you’ll be able to trade directly via orders, while also benefiting from AMM-powered order execution.

That’s what hybrid mode means.

What's the current status of the investigation into the illegal m-tokens incident?

The investigation is almost complete.

Right now, we’re waiting for a protocol update that will allow us to separate illegal and legal m-tokens, since some of them are still on the same addresses and remain blocked.

I’m personally involved in developing this solution, and it should be ready very soon. Once it’s implemented, we will reach out to the individuals suspected of participating in these illegal activities. If you think you might be on that list, you can contact me directly and we may discuss options.

Your funds remain blocked for now, but the plan is to use them to cover losses of legal stakers. There are additional options as well, so if you’re affected, please get in touch.

In short, the update is almost ready, the investigation is near completion, and we’ll contact the relevant parties as soon as possible.

At the end of 2024, the team held a DAO vote on emission and reward distribution. When will the voting for this year begin, and what issues will be addressed?

The vote is planned for December, so next month, just like last year.

The issues up for decision will be the same as before: emission and reward distribution

What key platform upgrades are planned for the next 6-12 months?

It’s a long list, but here are the main highlights:

• Release of the new API with 6.0 Cellframe SDK.

• Hard fork mechanism.

• Two-level sharding.

• Native smart contracts.

These are the core protocol upgrades that remain to be completed.

Quantum attacks will primarily target wallets with exposed public keys. Would project using classical privacy-focused cryptography withstand such an attack, or is privacy alone not enough, making post-quantum protection essential?

Privacy alone is not enough.

Classical privacy-focused cryptography, while it provides anonymity, is not sufficient to protect against quantum attacks. To truly withstand them, post-quantum signatures are essential.

So, no, classical privacy isn’t a solution. The next question actually relates to this topic as well.

You're currently developing your own ZK post-quantum signature, "Chipmunk Ring." You plan to add it to the Cellframe SDK but not implement it in the main network. Why is that?

The main reason is legal considerations. Our current network isn’t privacy-focused, so adding a privacy layer to it would create a hybrid system. This could potentially raise legal issues for developers, as has happened in other cases.

Implementing privacy properly requires a dedicated network designed from scratch for anonymity. That’s why we’ve added Chipmunk Ring to the SDK for testing and development, but we won’t deploy it on the main Cellframe network.

In the future, we plan to finish this technology and launch it on a separate network, likely under the DapCash brand, which is specifically developed for anonymous cryptography.

You previously stated that the Chipmunk post-quantum aggregated signature could help optimize Cellframe's block consensus. Can you elaborate on how that would work?

The Chipmunk aggregated signature allows us to compress thousands (or even tens of thousands) of transactions into a single signature. This way, we don’t need to store every individual transaction; we only store the aggregated one. Without this, it’s impossible to collect all the signatures from every consensus participant.

Collecting all signatures would make the block too large. To keep block size within limits, we need this compression feature. Without it, we’re stuck using delegated proof-of-stake, which isn’t as secure.

That’s why we’re implementing it. The Chipmunk signature is already included in the common release candidate. We expect this consensus update to roll out either in December or at the beginning of next year with Release 6.0.

At the end of October, the Cellframe team participated in Blockchain Life 2025 and held its own side event. What are your takeaways from the event's outcomes?

It was a great event. We produced high-quality media coverage and gained valuable experience. We plan to continue this practice in the future.

How is the work on launching the QEVM mainnet progressing, and what technical challenges have you encountered during the process?

Sorry, that’s actually a question for the QEVM team, not us.

When will the quantum threat actually arrive?

Hard to say, maybe a year, maybe two, or even three. Something along those lines.

What keeps you motivated despite this catastrophic altcoin drop?

I went through the crypto winter between 2018 and 2020, so I’m prepared for any market downturns. Besides, we’re a technology-focused project, Cellframe isn’t just about price swings or trading, it’s a platform for real utility and software that shouldn’t depend on market ups and downs.

I’m focused on delivering the technology I promised. There are only a few things left to finish, and that’s where all my attention is. The real value is in the utility we’re building for the future.

I have CELL tokens on Gate.io. Should I withdraw it and transfer it through the bridge to CF-20? Is the bridge ready?

Yes, the bridge is ready and works for transferring to CF-20. Just make sure not to leave your tokens on ERC-20, BEP-20, or exchanges. The safest way to store your tokens is to install the Cellframe Wallet and keep them there. That’s the only secure option.

Will the new Cellframe bridge support additional chains soon?

No, not for classical chains. Maybe in the future for post-quantum projects, if a project decides to join us, we can add it. For now, ERC-20 and BEP-20 transfers are supported only in one direction: from ERC-20 or BEP-20 to CF-20.

Is the team actively discussing partnerships with enterprise or government projects for major 1–2 chains for quantum-resistant migration?

Yes, we are constantly exploring such opportunities.

We appreciate your time and support. See you. Goodbye!