First was Bitcoin. It still takes the first place in the list of cryptocurrencies. Despite the innovative idea, protocol users still suffer from the disadvantages of this cryptocurrency: low speed of transactions, insufficient scalability and anonymity. But despite this, the popularity of Bitcoin continues to grow.
Then came the Ethereum and blockchain 2.0 and developed the idea of smart- contracts and eliminated some of the shortcomings of its predecessor. The convenience of smart contracts has been appreciated - most ICO use Ethereum blockchain. The speed of transactions and network bandwidth increased, but not enough - it was proven by CryptoKitties.
With the advent of EOS, several key parameters have improved - scalability, performance and convenience. EOS developers created their own chain knowing in advance about the shortcomings of the first and second generation blockchains. By eliminating some of the shortcomings of Ethereum and Bitcoin, EOS has become more centralized. Some say that without this to implement useful changes is impossible, others predict the imminent collapse of EOS. We'll see.
So we've had the pleasure of watching three generations of blockchain. According to the developers, Seele is a version of the fourth generation blockchain. It aims to eliminate the shortcomings of the first three generations and become a new market leader. Let's assess the benefits that the new network will offer to users.
Key features of the project:
The goal of the developers is to introduce a new blockchain to the world that will meet the ever-growing requirements of speed and security. Thanks to the" layered " structure, Seele will ensure the interaction of all networks on the Internet, bringing the idea of cross-chain to a new level.
The project team proposes to make changes to the consensus mechanism, to introduce a fundamentally new network architecture, transport and HTTP protocols, as well as TCP/UDP protocols. This will reduce the number of failures in the network, increase its scalability, expand possible areas of blockchain use, focusing on the "Internet of things".
The main innovation is the use of" heterogeneous " blockchain. The network will consist of many blockchains working as one. Each sub-blockchain will be responsible for a specific field of activity, such as Finance or information storage. Collaboration of components will be possible through the use of neural networks, which will be supported by users. Thanks to blockchain separation, Seele can be used in all spheres of activity.
Using the platform token, it is planned to encourage other people to use Seele rather than centralized services. Thanks to this, the project contributes to the promotion of decentralized networks and the blockchain. The structure of the network implies that the more nodes, the faster the transactions are made. As a result, coins will be used to reward nodes and as transaction fees.
Seele developers have already held the ICO of the project in late March-early April and raised the funds necessary for the project.
Conclusion
The project is ambitious and interesting. Seele is committed to creating a global, fast and secure blockchain for all industries. In theory, the idea looks great!
The project calls itself an ambitious- fourth-generation blockchain. A couple of weeks ago, the developers launched EOS-a representative of the third generation. As you can see, Seele developers want to jump higher and remove young competitors from the market. Will it work? The token platform began to be traded on the exchange Hadax. It seems that so far everything is going according to the plan of developers. The project showed a carefully thought-out theoretical model. Now we are waiting for the practical implementation.
For More Info Check The Links:
Website : https://seele.pro/
Bitcointalk : https://bitcointalk.org/index.php?topic=2820292.new#new
Telegram : https://t.me/seeletech
Twitter : https://twitter.com/SeeleTech
Github : https://github.com/seeleteam
Whitepaper : https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v1.8.pdf
Having looked thououghly at the whitepaper, this is a project worthy of your attention.
Thanks for your feedback!It matters!
Sounds hood but delivering is the hard part. I will have it in my watchlist.
Observation is a good solution. I hope that this project will be successful.
This project sounds interesting. Nice work.
Thanks for reading, @jakedavis224
I think that such projects are becoming the most successful. what do you think, @alinana ?
I agree,@evsoul, but only if the developers fulfill all their promises. I like this project too.
how do we know if this project will be successful as previous blockchain projects?
@evsoul ,We can only believe and watch;)
coin to watch
great decision!
awesome
@ testinggamer ,Thank you! cheers
I have the whole article. ..project seems good.
Can you share how much it can grow in future ??
@chauhan959 !It seems to me that such projects that are associated with the development of the blockchain are very promising and can bring good profits to their investors in the future. If you look at previous generations of blockchains and their representatives-Bitcoin,Ethereum ,EOS - you can see how much their price has increased. if Seele developers will fulfill their promises, their token can grow strongly in price.
Do you have any idea what the value might be in say 2 years? Have they predicted a price that they are shooting for or think is possible? Sorry bout all the questions...but I have one more...lol...Do you think it'll hit $100 USD inside of the next 3 years?
I don't think we can make a very certain estimate on this. Next to having a good whitepaper, there is also a lot of competition of other coins. Not to mention the people copy- pasting existing whitepapers.
@tetrahedron96 ,I agree, there are many competitors now. the development of the crypto-currency world does not stand still. that's great. but it seems to me that the price of the token will grow. The project aims to improve the existing state of the blockchain and this is a promising direction.
@slappysquirrel , This is a crypto-currency world. and the price of the token can rise to $ 100 if it is facilitated by "favorable conditions": an increase in the market capitalization and overall market upturn, the implementation of technical details written in white paper, the implementation of road map items, the interest of traders and whales to the token of this project.
I gave u an upvote on your post! Please give me s follow and i will give a follow in return and possible future votes!
Stop spamming this shit comment.
Hey, @rakesh.raj.ace & @steemdrivetime! Don't fight!:) thank you for your attention!
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