What is Cellframe?

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When I think of Cell, I think DragonBall Z, Android 18 and a lot of episodes that aired in my youth. Eventually, it wasn’t aired anymore due to being too violent. Maybe these are your thoughts as well when hearing the word Cell. Or maybe you’ve been an inmate and have a different association with the word. Either way, My name is Rico Richardson in this post I’m going to tell you about the Cellframe token, and it’s service orientated blockchain.

Background

Cellframe is a service orientated blockchain. It’s a quantum resistant software which wants to build a blockchain, on which other users can build a blockchain. Who else thinks Inception after hearing this? Leave a comment, let me know I’m not the only one. Cellframe was founded in 2017 by Sergey Sevantsyan and Dmitry Gerasimov. Both of them have extensive experience within the blockchain and IT space. They designed Cellframe’s architecture to have a two layer structure. The first one can launch subchains and tokens, and on the second layer the subchains are organised in cells. Due to these interoperability features they want to build an ecosystem of services in which peer 2 peer exchange between apps will be possible. They don’t like to call themselves a blockchain technology but rather an infrastructure layer for building a blockchain ecosystem. Something that Polkadot basically is as well. I’ll make a video on Polkadot in the future, be sure to subscribe if you want to check that out.

Cell chain

So let’s look at how Cellframe is built. We have a main blockchain, which is the core of everything, and then we have the cell chains. These chains can be customized by the users and contain anything they put in. However, you want that information to be as secure as possible, and that’s where the first layer comes into play. You can insert your cell chain, into the layer one blockchain and benefit from the same security.

So why would there be room for Cellframe?

According to their whitepaper, cellframe divided blockchain problems into two fields. The first one is Tactical problems, and the second one is strategic problems. When it comes to tactical problems, this is being reflected in improving specific components of conventional systems. It’s how most projects move because it’s the least labor intensive. With strategic problem solving, you attempt to create a new technological platform which is fundamentally different from the existing ones. It’s one of the least chosen options because it requires a lot of research, labor and most importantly time.

One of the most important innovations Cellframe brings is enabling distributed services to interact directly with the resources of an operating system. Other smart contract solutions like Ethereum and Tezos for instance there isn’t a way to interact with the operating system resources. Cellframe aimed to create a framework in which business logic would be allowed to built around the computer resources like computational power, internet channel and disk space. Classic smart contracts also have an address of which it was deployed to the network. Cellframe based blockchain does not because it is build within the system itself only the compound address is one. The thought process behind this is that it will decrease the chance of fraudulent activities or illegal use of a private key. Another thing to take into account is that the NSA and NIST have been prepping for a cryptanalytic attack by a quantum computer. Cell can withstand this because of its use of post-quantum encryption. Cellframe is built from scratch with plain C, which results in more efficient utilization of CPU and memory. Their use of dual layer sharding also eliminates the bandwith issues you may encounter.

Tokenomics

CELL is the native utility token that is used for: *Proof of stake consensus *Value transfer within the Cellframe ecosystem *Participation in Cellchain auctions and leasing. Proof of stake (PoS) protocols are a class of consensus mechanisms for blockchains that work by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. The biggest proof-of-stake blockchain by market capitalization right now is Cardano which is also known as ADA. There will be a future video on ADA too, so stay tuned for that. The Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins they hold. This means that the more coins owned by a miner, the more mining power they have. One key advantage of that is while staking your tokens. The more you hold, the bigger your part in the mining pool and thus higher your reward. Now that proof of stake is explained, we can look at the tokenomics. The total Supply of Cell is 30.3 million and around 25.4 million circulating. Their BSC version currently has a little less than 1000 holders at the time of this recording, and 8800 holders on Etherscan. The CELL token can be exchanged and trades on Uniswap, pancake and 1inch exchange but only against the stable coin USDC or 5 other crypto currencies. So, werther you’re part of the Ethereum or Binance Smart Chain ecosystem, both have access to Cellframe. You cannot trade Cell against fiat, so if you’re looking to get into this token then make sure you trade your fiat for one of the available trading pairs. Their contracts have been audited by Solidity and they are looking to get on central exchanges. Worth mentioning is their 5% marketing treasury tax on Pancake Swap as a temporary measure in the short term to raise funds for a heavy marketing campaign including Twitter influencers, YouTubers and further CEX listings. Which is funny, because I’m not getting paid for this video. Which I should be ;-).

Engagement

This next part will be a new part of my videos. The engagement. If we look at their website, we see that all team members have profiles that can be found on Linkedin. Their medium website has frequent updates with the latest one being from september 8th with the message saying that they’d be launched on the Binance Smart Chain. Which, already has happened so we might have expected a new update on that already. They are active on Twitter with over 13.000 followers and their latest tweet was from september 17th celebrating 10.000 holders. Their telegram group is a little shy of 8000 members and very active. They are on Github with 18 repositories, and their coding language is C.

So what’s next for Cell?

According to their telegram, there are a couple of things that are planned right now. One is the Cellchain auction website, another thing is an overhaul of their website, listings on exchanges like Binance and Coinbase, and a full scale marketing campaign. Let’s dive a little bit deeper into the Cellchain auction website. The Cellframe wallet can have different addresses on different blockchains, with this wallet you can transact directly on any network. Service nodes on the Cellframe Core network which communicate with each other, do the work of swapping your transaction in the back-end. For example: you can transfer or trade tokens from Ethereum to Polygon or BSC with no problem as long its compatible. For a cellchain to be added to Cellframe it must have its own Cellchain slot. They are scarce and limited to 50 cellframe cellchain slots. Inspired by Polkadot, Cellframe also recognizes multiple Cellframe Cellchain types and each of them has a different purpose.

System-level Cellchains

Auction-granted Cellchains

Community Cellchains

Worth mentioning is that at the end of an auction, the smart contract issued with an NFT token. This token can be sold on the market or used for its intended purpose. When used for its intended purpose, it will be transferred to a special smart contract, from where it can be picked up on request within a week. The slots are being leased for a period of 3 years and each project can take up 2 slots maximum. When the lease contract ends, the cellchain participates in an auction again. KELVPN is the first network on Cellchain. It needs to receive delegations from the cellframe community which in return will be airdropped Kelvpn tokens, or Kellvpn needs to aqcuire enough cell tokens themselves.

Looking at their roadmap we can see that there are numerous things planned and it’s currently laid out till August next year. So there’s still a lot of development going on there which to me is always a good thing. Right, that’s it for this video. Let me know if you’re interested in Cell and if so why. My name is Rico Richardson, thank you for reading and I’ll see you next time, doei!