Cellframe

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Discover Cellframe's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Cellframe?

Cellframe (CELL) is a service-oriented blockchain network built close to the hardware, providing efficiency on any machine. It features post-quantum encryption, a dual-layer sharding architecture, and a proof-of-stake consensus mechanism. The network allows for the creation of customizable subchains and tokens, enabling high-demand, high-load, and high-security services. CELL tokens are utilized for staking, delegating, and exchanging within the network.

How is Cellframe used?

The Cellframe (CELL) cryptocurrency is used for various purposes within the Cellframe ecosystem. Here are some of the key use cases:

  1. Transaction Fees: CELL tokens are used to collect small fees from each transaction within the main Cellframe network.

  2. Staking and Validation: Users can participate in the Cellframe staking program and launch master nodes to receive rewards for transaction validation.

  3. Voting: CELL tokens are used for voting purposes within the Cellframe ecosystem.

  1. Exchanges and Payments: CELL tokens can be exchanged for other assets within the Cellframe main network and used to pay for various services within the ecosystem.

  2. Supporting Projects: CELL tokens can be used to support interesting projects in future auctions for Cellframe parachains.

  3. Trading and Liquidity: Wrapped versions of the CELL token are available on the Ethereum and BSC networks, where they can be used to provide liquidity to exchanges as LP pairs.

These use cases highlight the versatility and utility of the CELL token within the Cellframe ecosystem.

How do I store Cellframe?

To store Cellframe (CELL) tokens, you can use various wallets and exchanges that support the ERC20 or BEP20 protocols. Here are some options:

  1. Centralized Exchanges (CEX): You can store your ETH and BSC CELL tokens at any CEX that supports ERC20 or BEP20 protocols. This includes exchanges like Gate.io, Uniswap, and HitBTC.

  2. Trust Wallet: You can add Cellframe to Trust Wallet by purchasing CELL tokens through an exchange and then transferring them to your Trust Wallet. However, be aware that TrustWallet's ERC20 fees can be high, around $60 in some locations.

  3. Metamask: You can store CELL tokens in Metamask, which supports both ERC20 and BSC tokens. This is a popular option, especially when paired with a hardware wallet like Ledger for added security.

  1. Cellframe Native Wallet: For native CF-20 tokens, you can use the Cellframe mainnet and manage them with multifunctional applications like Cellframe Dashboard or Cellframe Wallet. The project plans to create its own hardware wallet and partner with reputable existing cold wallets in the future.

  2. Hardware Wallets: Using a hardware wallet like Ledger or Keystone in conjunction with a software wallet like Metamask provides an additional layer of security for your CELL tokens.

Remember to always follow best practices for securing your digital assets and stay updated on the latest developments in the Cellframe ecosystem.

How to buy Cellframe?

To buy Cellframe (CELL) tokens, you can follow these steps:

Buying Cellframe (CELL) on a Centralized Exchange (CEX)
  1. Choose a Reliable CEX:

    • Select a trustworthy and reliable centralized exchange that supports Cellframe (CELL) purchases, such as Binance, MEXC, or KuCoin.
    • Consider factors like ease of use, fee structure, and supported payment methods.
  2. Create an Account:

    • Register on the chosen exchange's website or app, providing necessary information and setting a secure password.
    • Enable two-factor authentication (2FA) for added security.
  3. Verify Your Identity:

  • Complete Know-Your-Customer (KYC) verification, which may require government-issued identification documents.
  1. Add a Payment Method:

    • Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.
  2. Buy Cellframe (CELL):

    • Use fiat currency to buy a popular cryptocurrency like USDT, ETH, or BNB, if supported.
    • Then, exchange the purchased cryptocurrency for Cellframe (CELL) on the spot market.
Buying Cellframe (CELL) on a Decentralized Exchange (DEX)
  1. Choose a DEX:

    • Select a decentralized exchange that supports Cellframe (CELL) and your chosen wallet, such as 1inch.
  2. Set Up a Crypto Wallet:

    • Download and install a Web3 crypto wallet like Trust Wallet or Metamask, which is supported by the DEX.
    • Create and set up a new wallet, keeping your seed phrase safe.
  3. Transfer Base Currency:

  • Transfer the base currency (e.g., ETH) from your CEX wallet to your self-custody crypto wallet address.
  1. Connect to the DEX:

    • Connect your wallet to the DEX by following the instructions on the DEX website.
  2. Swap for Cellframe (CELL):

    • Find the "Swap" option on the DEX, select the base currency as the "From" token and Cellframe (CELL) as the "To" token.
    • Enter the desired amount and confirm the swap.
Additional Tips
  • Be cautious of scams and ensure you are using the official websites and apps of exchanges and wallets.
  • Research and compare exchanges to find the best option for your needs.
  • Keep your seed phrase and wallet address secure to prevent unauthorized access.
  • Consider using a stablecoin like USDT as an intermediate step to reduce market volatility risks.
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History of Cellframe

Cellframe (CELL) is a cryptocurrency token that was announced in 2021 and is built on the Ethereum blockchain as an ERC-20 token. It is part of the Cellframe Network, a service-oriented blockchain platform designed to provide a quantum-resistant architecture for building and bridging blockchains and services.

The Cellframe Network was founded in 2017 and is headquartered in San Francisco, California. The platform aims to provide a scalable, open-source, and next-generation infrastructure for blockchain technology, focusing on mass adoption and post-quantum encryption to ensure security against potential threats from quantum computers.

The CELL token has a total supply of 30,300,000 tokens and has been listed on various cryptocurrency exchanges, including Uniswap (v2). The token's utility includes staking, delegating stakes, and exchanging for other CellFrame-powered tokens, as well as paying for dedicated security services.

Cellframe's architecture is designed with a dual-layer sharding system, allowing for customizable subchains and tokens, and its low-level architecture is optimized for high load and performance. The platform also supports decentralized services and fine sharding implementation, ensuring resilience and security.

Overall, Cellframe (CELL) is a cryptocurrency token that plays a crucial role in the Cellframe Network, which is focused on providing a secure, scalable, and interoperable blockchain infrastructure for various applications and services.

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How Cellframe works

Cellframe (CELL) is a cryptocurrency that operates on the Cellframe Network, a scalable, open-source, next-generation platform designed for building and bridging blockchains and services. The network is secured by post-quantum encryption, ensuring resistance to hacking by quantum computers. Here's how it works:

Key Features
  • Scalability: Cellframe achieves enterprise-level scalability by adding more CellChains, allowing for high transaction throughput.
  • Post-Quantum Encryption: The network integrates variable post-quantum encryption, which supports multiple quantum-resistant signatures and permits algorithm upgrades on the fly, ensuring future-proof security.
  • Dual-Layer Sharding: The platform features a unique implementation of dual-layer sharding, enabling seamless interoperability and fast transactions.
  • t-dApps: Cellframe offers an environment for developers to build a wide range of applications, from simple low-level t-dApps to whole other blockchains, using the C-SDK.
CELL Token
  • Primary Digital Asset: The CELL token is the primary digital asset in the Cellframe network, used to collect small fees from each transaction.
  • Use Cases: CELL tokens can be used for staking, launching master nodes, participating in voting, exchanging for other assets, paying for services, and supporting projects in auctions.
  • Wrapped Versions: Wrapped versions of the CELL token are available on Ethereum and BSC networks, allowing for liquidity provision to exchanges.
Network Architecture
  • Backbone: The main network in the Cellframe ecosystem is called Backbone, which supports numerous blockchain networks.
  • Interoperability: Atomic swaps enable instant transactions with other chains, ensuring seamless interactions within the ecosystem.
Security
  • Post-Quantum Algorithms: The platform uses post-quantum algorithms to protect against terminal attacks, including quantum attacks, without requiring user migration or third-party code implementation.
  • Data Recording: Data is recorded on the blockchain, ensuring a high degree of decentralization and security.
Development and Applications
  • SDK and APIs: Cellframe provides an SDK for developing t-dApps and APIs for interacting with web applications, allowing for the creation of various services such as decentralized VPNs, CDNs, cloud computing, video streaming, messengers, social networks, games, finance, and voting systems.

Overall, Cellframe (CELL) operates on a highly scalable and secure platform, offering a wide range of applications and use cases, making it a versatile and promising cryptocurrency project.

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Cellframe's strengths

The token Cellframe (CELL) has several strengths that make it a promising investment opportunity:

  1. Security: Cellframe is built with post-quantum encryption, ensuring the highest level of security against potential quantum computer threats. This feature makes it future-proof and resistant to hacking attempts.

  2. Scalability: The platform's unique sharding implementation allows for extremely high transaction throughput, making it suitable for high-load applications.

  3. Interoperability: Cellframe's dual-layer sharding architecture enables seamless communication and atomic swaps between different blockchain networks, fostering a robust ecosystem of services.

  1. Flexibility: The platform's low-level architecture and modifiable design make it adaptable to various use cases, from simple decentralized applications to complex enterprise solutions.

  2. Utility: The CELL token has multiple use cases within the Cellframe ecosystem, including staking, voting, and payment for services, ensuring its value and relevance.

  3. Enterprise and Public Use: Cellframe is designed to cater to both public and enterprise needs, offering a versatile solution for a wide range of applications.

These strengths position Cellframe as a robust and versatile blockchain platform with a strong potential for growth and adoption.

Cellframe's risks

Cellframe (CELL) is considered a high-risk investment by several analysts. The primary financial risks associated with CELL include:

  1. Volatility: The cryptocurrency market is known for its volatility, and CELL is no exception. Its price can fluctuate rapidly, leading to potential losses for investors.

  2. Market Manipulation: CELL's low trading volume and market capitalization make it susceptible to manipulation by limited trading activity, which can impact its price.

  3. Network Technological Risks: Any issues or failures within the Cellframe network can negatively impact the price of CELL.

  1. Quantum Attacks: Although Cellframe uses post-quantum encryption, there is still a risk that future quantum attacks could compromise the security of the network and the value of CELL.

  2. Regulatory Risks: Changes in regulatory environments or government policies can affect the legality and adoption of CELL, leading to potential losses for investors.

  3. Competition: The cryptocurrency market is highly competitive, and CELL faces competition from other blockchain projects. If Cellframe fails to innovate or adapt, it may lose market share and value.

  1. Security Risks: Like any blockchain project, Cellframe is vulnerable to security breaches, which can result in the loss of investor funds and a decline in the value of CELL.

Investors should carefully consider these risks before investing in CELL. It is essential to conduct thorough research and evaluate personal financial goals and risk tolerance before making any investment decisions.

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Did Cellframe raise funds?

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Cellframe’s team

Here is the team behind the crypto Cellframe (CELL):

  • Dmitry Gerasimov: Founder and CEO
  • Mira Brezhinskaya: Co-founder and COO
  • Alexey Yusupov: Chief Business Development Officer
  • Elena Yusupova: Head of PR
  • Olga Bokovaya: Project Manager
  • Denis Sumin: Project Manager
  • Gleb Sidorkin: PR and Marketing
  • Anastasiia Stepanova: Chief Marketing Officer
  • Roman Khlopkov: Backend developer
  • Alexey Stratulat: Backend developer
  • Daniil Frolov: Backend developer
  • Roman Padenkov: Backend developer
  • Igor Kropochev: DevOps Team Lead
  • Dmitry Puzyrkov: Backend developer
  • Pavel Sidorenko: Backend developer
  • Olzhas Zharasbaev: Backend developer
  • Elizaveta Sumina: Chief Quality Officer
  • Andrey Ponomarev: Tech Support
  • Ilya Dedov: Media Designer

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