AMA with Dmitry Gerasimov, August 29, 2024

AMA with Dmitry Gerasimov, August 29, 2024

Category: AMA

Title image, read title

Hello everyone! I'm Dmitry Gerasimov, CEO of Cellframe, and this is our regular AMA session. It's been a while since we last met. Now, let's begin.

You have mentioned several times that in addition to the internal security audit of Node 5.3, you also plan to conduct an external audit. Why is the internal audit not sufficient?

The internal audit is conducted by the same people who developed this product. Unfortunately, we are not a big corporation, so we cannot have a large department that is solely focused on security. Our internal audit is essentially performed by the same developers from the same team who are just reviewing the code they've seen before. It’s better to have someone who hasn't seen the code before looking over it with fresh eyes. This allows us to identify issues that weren't detected earlier. That's the main reason for the external audit.

What are the expected timelines for completing the external audit?

We've just started, so it's going to take 3 or 4 weeks.

Now that Node 5.3 has been released, what else needs to be done to launch the bridge, apart from the external security audit?

Nothing. We just need to pass the external security audit and we are currently testing the bidirectional bridge. Everything is ready, we're just waiting for the audit.

With the transition to Node version 5.3, the reward distribution mechanism among validators has changed — certain limits have been introduced. Does this mean it is now more profitable to run multiple nodes instead of just one?

Yes, and that was the goal from the beginning of the project. We aimed to motivate node holders to run multiple nodes instead of just one with an extra large stake.

After launching the two-way bridge mode, do you have plans to implement CF-20 protocol support on centralized exchanges?

Yes, that's the first thing we'll do after the two-way bridge mode is implemented. We are already in contact with centralized exchanges to prepare them for this.

Can existing hardware wallets support CELL tokens, or do new devices need to be developed for this? If so, is the Node.sys team working on this?

Some existing hardware wallets can support CELL tokens on their native protocol. However, it will be difficult to implement because most existing hardware wallets have built-in cryptography primitives, like encryption algorithms, and all of them are classical. We need to implement post-quantum encryption, which requires much more hardware performance. With existing hardware wallets, just syncing with a native CF-20 CELL could take a lot of time, up to a minute or so. Therefore, we are focused on developing our own devices, and we already have some prototypes.

Node.sys is working on the decentralized factory that can produce these devices, but the design of them is our job. And we are doing this.

Browsers are beginning to support SSL with post-quantum cryptography. Does Cellframe plan to use post-quantum cryptography on its websites?

Our backend is supporting this extension, as far as I know. So the next step is on the browser side.

Will it be possible in the future to pay for merchandise and hardware nodes from the Cellframe store using native CF-20 tokens?

Yes, and in theory it will be in the near future, it just depends on your local laws. Because, for example, if you want to pay for something inside your country for some goods, it could be forbidden, like in Russia or other countries. But if you order it with an international transaction, usually it's possible to pay with tokens. At least this is the situation in our country. Look at the laws in the place where you live.

Is there any interest in the project from Russian commercial and state organizations?

Yes, we often see such interest. If it grows into something more interesting for you, we will publish about this.

BRICS plans to integrate cryptocurrency as an official payment method. Could Cellframe become the core of this ecosystem?

Yes, it's possible, but it doesn't depend on technical capabilities; it's more about politics.

What is the difference between DAP SDK and Cellframe SDK? How can they be used? Can companies use them for their commercial projects? If so, under what conditions?

DAP SDK is a common-usage SDK with no specialization, just an SDK for plain C programming and can be useful for embedded devices, backend development, and a lot of use cases. Cellframe SDK is a specialized SDK for blockchain purposes. That's how they can be used and they have a double licensing, so companies can use them for their commercial projects. Conditions are on an individual basis. If you want to do this, just contact us and we can discuss the details.

What can we do with the “light” node role? You mentioned that it will sync with local wallets. Сan you run a light version and connect to a staking website, or do you need to have a full node role to do this? What are the main differences between these two roles?

The main difference is that you need a full node for the master node role. All other actions do not require a full node. So you can stake, you can pay, you can act. You can do any action; even service providing is possible with a light role. And you were right in describing it as a node that syncs only with local wallets.

How is the KelVPN network running? We have our main network, Backbone, however KelVPN has its own. Is it not a lot of work to run both networks separately, or is KelVPN running on top of Backbone and is this in fact the same network but a different layer?

It's a different network, but it's connected peer-to-peer with Backbone, so all the tokens can be transferred from KelVPN to Backbone and back. and It's a dedicated network for specific KelVPN purposes. It's not part of Backbone or a different layer, it's a separate, dedicated independent network.

Ok, it was all the questions that you sent us beforehand. Now let's look at what's going on in our YouTube stream chat.

When will KelVPN be listed on a centralized exchange?

It's better for the KelVPN team to answer this. But I can say that it's possible that it will happen before the end of this year, depending on the alt season. If the alt season runs, we'll start moving in this direction. We are not planning any buybacks at the moment. However, in the case of KelVPN, the situation is complicated by the fact that many users do not use the KEL token at all, but simply pay with fiat payments with a Visa card, for example, and for them we need to purchase the KEL token from the market. So, with the growth of KelVPN users, the buy-side pressure on KEL will grow.

When will the amount needed for a node be reduced? 5000 CELL, maybe?

It depends on the exchange rate. When it rises, the amount required to run a masternode will decrease.

Has the external audit started?

It's just starting right now.

Thank you for your questions, your time, and your support. We are Cellframe, we are here. We'll see you next time!