The total supply is 30,300,300 CELL. Out of this 28.7 Million tokens are in circulation. 565k tokens were burned. The rest are team tokens, which are used to funds salaries, taxes and other projects.
VCs involved early in the project were distributed their share of tokens before the due vesting schedule and are already out.
The token is not deflationary. 565,000 tokens were burned a while back. However, no more token burns are planned.
After the launch of the mainnet, users will earn rewards from PoS staking. The rewards will come from transaction fees generated from service providers, and therefore will depend upon network usage.
KelVPN, MobiFi, Raze Network, Router Protocol, Jigstack, ZKChaos, Union, Meter, Aztec, Razor Network, Plutos Network, OutofSpace, Api3, Finstreet and Sommelier Finance, Empera, Symbiosis, QApp, O3 Labs.
You can store your ETH and BSC CELL tokens at any CEX or wallet that supports ERC20 or BEP20 protocols.
You can store your migrated CELL on the native Cellframe Network and access them using Cellframe Dashboard or Cellframe Wallet.
We are also planning to eventually create our own hardware wallet and partner up with reputable existing cold wallets.
CELL tokens can be used for bidding on your favorite projects participating in parachain auctions. If the project you bid on wins the auction, your delegated CELL tokens are locked for a prespecified duration for which the project occupies the CellSlot. In exchange for supporting them during the auctions, you receive your project’s tokens.
Using CF20 CELL, you will also be able to:
— participate in PoS staking,
— run a node,
— pay for different services that will be launched on the Cellframe Network.
Every transaction on Cellframe Network will incur a small fee which will be paid in CELL.
Cellframe is a service-oriented blockchain platform. Many different services can be built on Cellframe: another blockchain, VPN, streaming services, and many other products. This means that Cellframe could be used for every Layer. It’s a white-label SDK.
Layer zero (Network Category Layer) is for interoperability: a peer-to-peer mesh network.
Layer one (Fundamental Layer) is for basic blockchain functions. The cryptographic protocols are: ChaCha20 (SALSA2012), Keccak, CRYSTALS-DILITHIUM, Falcon, SPHINCS, RingCT2.0.
Layer two (Execution Layer) is for scaling outside the main chain.
Layer three (Applications Layer) is for building t-dApps and using the t-dApps library.
The main difference between dApps and t-dApps is that the first involves execution of a smart contract owned by a single address. This means that there is one address and one wallet through which all the funds pass. If this address, which represents a single point of vulnerability, is hacked, all these funds can be stolen.
t-dApps, on the contrary, have no such address/es. t-dApps are not smart contracts. These are service plugins that could be run by any node. And if you run this plugin you collect all the profit to yourself (excluding the network fee and author fee).
You don’t always need to have your own parachain for launching a t-dApp. But parachains come in handy in certain specific scenarios, because they have the capacity to execute a larger number of transactions simultaneously. Moreover, parachains have the ability to decide the transaction fees (high, low or none) at their discretion. For example, if you have some service that holds non-financial data that you need to communicate, and you expect multiple transactions simultaneously, the best solution is to run your own parachain.
The native token has no smart contract address; it has a datum hash and ticker name. Ticker name is unique and can’t be repeated by scammers, so in the native network, it’s enough to check just the name.
The smart contracts for CELL over other networks are:
The profit from launching a master node is that you can provide services and earn from them. Master nodes will be able to earn from at least two sources.
The customer pays for using services provided by the validator - content delivery network, streaming platform, dedicated messenger, storage, cloud system, IoT hub, etc. Each transaction is levied a tax, part of which constitutes the first source of income for the master nodes. In addition to the validator’s fees, the service’s author receives an author's fee, and the network fee goes to the network development fund. The amount of the respective fees are determined by authors of the service and owners of the network.
The second source for master nodes to earn from are token emissions for stakers and liquidity providers. These rewards are set at a total of 3 million CELL for the year 2022, with halving of emissions every year there onwards (subject to governance voting).
Cellframe is the first multilayer blockchain (Layer 0, 1 ,2) that is designed to be faster, more scalable and more decentralized than any other solutions out there. We have invented and implemented ground-breaking technological advances and supplemented them with the best practices. A few of them are:
— Whole ecosystem built from scratch using C language
— Better performance in CPU and memory utilization because of an architecture built around C language
— Multi-level flexible sharding
— Built-in payment system for dedicated services based on subscription model
— Quantum-resistant signatures, including simultaneous multisig support and flexibility to integrate new signatures on the go
— Fog-based services and true distributed apps (t-dApps) to replace existing cloud-based services and dApps
— Support for everything Web 3.0: Cellverse, NFT, CellChains, Game Fi, VPN, De-Fi and much more
— Our unique architecture has unraveled the blockchain trilemma with enterprise-grade scalability, decentralization and security
— Low transaction fees owing to conditional transactions and a lack of dependency on smart contracts
— Сellframe Network has certain inherent features for ensuring the required level of decentralization:
— Cellframe is designed to allow master nodes to run seamlessly on entry-level systems with low-end processors and memory. One can install and run a node even on a Raspberry Pi.
— Cellframe Dashboard, our super app with built-in node capabilities will be available not only for Windows, Linux and MacOs, but also for mobile phones - Androids and iPhones.
— Built close to the machine using the C programming language, Cellframe makes it possible to run nodes on home devices such as a smart fridge. This will help expand the horizon of blockchain technology beyond imagination.
— One of the essential aspects of decentralization is independence from the creators of the project. In the foreseeable future, we plan to make the root nodes more public to make Cellframe truly independent from its inventors. Over time, the Proof-of-Authority consensus on root nodes will be replaced with Proof-of-Stake. Subsequently we plan to empower the master nodes with the ability to issue ZeroChain, thus leading to a complete replacement of root nodes with master nodes.
— A huge amount of the functionality on Cellframe Network relies on conditional transactions instead of smart contracts. The latter often hold huge amounts of users’ funds, the keys to which are held by an owner. Smart contracts, therefore, are prone to attacks and do not represent decentralization in a true sense. Cellframe allows cash flows from services to be distributed among service providers without having to pass through the owners of smart contracts. Lacking a single owner, these services/dApps are the pinnacle of decentralization and are termed ‘t-dApps’ (true distributed applications).
— Easy accessibility to master nodes for users: Only 10000 CELL along with either a low-end device or VPS. This is the planned amount at the moment. We will monitor the fluctuation of the token rate and will try to determine the best compromise for the amount required to start a masternode. If you don't have the required amount of CELL, the stake delegation method will be available.
Our protocol’s quantum resistance is based on algorithms and mathematical calculations. The National Institute of Standards & Technology, USA (NIST) is working on establishing standards for Post Quantum Encryption (PQE).
Cellframe has already incorporated the most advanced algorithms from the ongoing Post Quantum Cryptography Contest run by NIST: CRYSTALS-Dilithium and Picnic. Cellframe Network supports the execution of multiple encryption algorithms simultaneously, thus allowing a layered framework of post-quantum security. The multi-protocol variable digital signature format allows further integration of any existing and upcoming PQE algorithms on the fly.
Although the types of nodes we have in plans are listed below, it is prudent to understand that this information is subject to change as the network evolves over time in the future.
The only node type capable of earning from providing a service is a master node. If you want to set up a master node, you need 10,000 CELL on the native CF-20 protocol. Master nodes can push data onto the chain, propose states and create consensus. We have certain other types of nodes as well, but unlike master nodes they are not meant for earning any rewards.
A full node holds an exact copy of the blockchain complete with all the current data, including all the shards, and calculates balances on various shards.
A light node is one that holds only your own transactions and could be accessed on mobile devices such as phones and tablets (as well as on smart devices in the future). A light node role is automatically implemented when the user doesn't run a master node, but instead creates wallets and manages funds on the Cellframe Dashboard.
The root node is empowered with the ability to issue zero-chain via the proof of authority (PoA) consensus. In the future, we plan to bring more public access to the root node initially by implementing PoA with PoS, and eventually a complete replacement of the root node with master nodes capable of issuing zero-chain.
The archive node collects all the data from shards participating in the network and stores these. In case a shard overflows, a new one is created and all the states of previous shard are simply copied to the archive node without the need to save history in any other nodes. Archive nodes keep the entire history of data and transactions pertaining to all blockchains and DAGs in the network.