Seele describes itself as the blockchain 4.0. This is because it improves on Bitcoin (blockchain 1.0), Ethereum’s smart contract (blockchain 2.0), Lightning Network (blockchain 3.0) which is used to improve the speed of transactions.
Seele is powered by an up-scalable Neural Consensus protocol for high throughput concurrency among large scale heterogeneous nodes and is able to form a unique heterogeneous forest multi-chain ecosystem
At the moment it knows no equals with regard to its functionality.
Aspects from the whitepaper
Heterogeneous Forest Network Bitcoin, Ethereum, etc. are all singlechain structure and all transactions take place on one chain Main forms are multiple parallel chains, main/side chains and so on, which partially meet the diversified needs of the business. Heterogeneous forest network consists of different subnets, each subnet can be seen as a hierarchical partition tree, the top of the tree chain is a global service chain, called "Meta chain", which provides global configuration and scheduling service.
Value Transport Protocol Seele proposes the Value Transport Protocol (VTP) based on the heterogeneous forest network architecture. Based on the VTP protocol, we define the Uniform Asset Identifier (UAI). Hierarchical structured naming of assets is helpful for people's cognition and memory, and has the uniqueness, availability, scalability and other characteristics
Neural Consensus Algorithm One of the most important features of the consensus algorithm is the linear scalability, that is, the performance increases linearly with the node size. The larger the node size, the faster convergence and the better performance. In the 100K node network environment, TPS reached 100K, the transaction confirmation delay decreased to several seconds.
Quick Value Internet Connection Quick Value Internet Connection(QVIC) protocol that better adapts to and meets the various needs that blockchain value networks face at the transport and application layers.
Computing Integration Computing resource integration based on Seele defines a new type of technology that integrates off-chain storage and computational resources over blockchain and smart contracts.
In the whitepaper they also describe:
- technologies of interaction between primary metadata and public metadata (we change the primary source = all the rest changes as well);
- data protection and confidentiality;
- encryption;
- ready solution for developers, that enables the development, testing and deployment of smart contracts, applications and programs.
In short, Although quite in early stages Seele project looks very advanced at the moment when even Blockchain 3.0 hasn't finished. This could turn out to be one of the most promising projects of 2018 and 2019 since it will have early mover advantage.
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
This post was written and compiled from other posts. (https://steemit.com/seele/@sniperz/seele; https://thetechinsider.org/cryptocurrencies/seele-ico-review-is-it-a-scam-or-not/; https://medium.com/icodrops/review-of-seele-5a7094eef260)
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