diff --git a/docs/PolkaVM/smart_contract_storage.md b/docs/PolkaVM/smart_contract_storage.md
index 007333e..b6ed712 100644
--- a/docs/PolkaVM/smart_contract_storage.md
+++ b/docs/PolkaVM/smart_contract_storage.md
@@ -5,17 +5,14 @@ The QF PolkaVM Smart contract storage design and requirements.
 ## Features
 
 - Allows to store on chain data using key-value like API.
-- Allows to read/write stored data only by owner (i.e. data belongs to account) of this data.
 > Bref:
-> Let say Alice runs a smart contract that stored value = 1 by key "K" using storage.set() function;
-> then storage key (or real key) = caller_address.str() + contract_address.str() + "K",
+> Let say Alice runs a smart contract that stored some value by key "K" using storage.set() function;
+> then storage key (or real key) is a composite key (contract_address, version, "K"),
 > where `caller_adress` is an address of caller (in this context it's address of Alice)
 > `contract_address` is an address of smart contract (`docs/PolkaVM/blob_hashing_addressing.md`).
-> For getting value from the storage the same rule is applied.
+> `version` is a smart contract version.
+> For getting or deleting value from the storage the same rule is applied.
 >
-> Hence: storage.get(), storage.set(), storage.delete(), storage.purge() and storage.list() are protecting data from reading/writing storated values from different accounts by design, since address of Alice != addres of Bob.
->
-- Supports encode/decode complex sturctures [not in the first implmentation]: bool, u{8,16,32,64,128}, i{8,16,32,64,128}, String, tuples, and arrays.
 
 The references:
 (1) https://use.ink/docs/v5/basics/storing-values
@@ -28,10 +25,10 @@ The references:
 
 For getting a non-mutable reference to data.
 ```
-storage.get(X) :: get(String) -> Option<bool | u{8,16,32,64,128} | i{8,16,32,64,128} | String | tuples | arrays>,
+storage.get(K) :: storage.get(Vec<u8>) -> Option<Vec<u8>>,
 Where:
-- X is a key with type String;
-- If K = None means no value found by given key;
+- K is a key with type Vec<u8>;
+- None means no value found by given key;
 - the returned data is not a reference and can't be used for mutating a value.
 ```
 
@@ -39,44 +36,65 @@ Where:
 
 For storing a data by given key.
 ```
-storage.set(X, V) :: set(String,  bool | u{8,16,32,64,128} | i{8,16,32,64,128} | String | tuples | arrays) -> bool
+storage.set(K, V) :: storage.set(Vec<u8>,  Vec<u8>) -> bool
 Where:
-- X is a key with type String;
+- K is a key with type Vec<u8>;
 - returns true, if value is stored, false if not.
 ```
 
 ### Delete stored value by key
 For erasing a data by given key.
 ```
-storage.delete(X) = K -> any_of(true or false)
+storage.delete(K) :: storage.delete(Vec<u8>) -> bool
 Where:
-- X is a key with type String;
+- K is a key with type Vec<u8>;
 - returns true, if value is removed or not existed, false if error occured.
 ```
 
 ### Purge storage
 
-For purge all caller's storated data in one call.
+#### Option #1: For purge all storated data of the current smart contract in one call.
+
+#### Option #2: For purge all storated data of the current smart contract of the current caller in one call.
+
 ```
-storage.purge() = K -> any_of(true or false)
+storage.purge() :: storage.purge() -> u16
 Where:
-- returns true, if value is stored, false if not.
+- returns number of purged tuples.
 ```
+
 ### Count elements
-For get number of storated values (i.e. value is a tuple, values are tuples).
+
+#### Option #1: For get number of storated values of the currenct smart contract (i.e. value is a tuple, values are tuples).
+
+#### Option #2: For get number of storated values of the currenct smart contract of the current caller (i.e. value is a tuple, values are tuples).
+
 ```
-storage.count() = K -> any_of(u16)
+storage.count() :: storage.count() -> u16
 Where:
 - returns number of stored tuples, 0 if no data stored.
 ```
 
 ### List
-For list all caller's storated data. All returned values are non-mutable.
+
+#### Option #1: For list storated data of the currenct smart contract. All returned values are non-mutable.
+
+#### Option #2: For list storated data of the currenct smart contract of the current caller. All returned values are non-mutable.
+
 ```
-storage.list([limit, offset]) = K -> any_of([tuples])
+storage.list(limit, offset) :: storage.list(Option<u16>, Option<u16>) -> Vec<(Vec<u8>, Vec<u8>)>
 Where:
 - limit max possible elements in K
 - offset shift from begining of storated tuples
-- returns array of storate tuples, array could be empty, if no data storated.
+- returns array of storated tuples, array could be empty, if no data storated.
 ```
 
+There are 2 options of serialization returned data:
+
+1. SCALE
+
+2. Custom binary serialization a-la "Length-Prefix Encoding" or "TLV":
+
+```
+key_size;value_size;number_of_items;key1;value1;...;keyN;valueN
+```
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