Blockchain has disrupted and improved technology and will do more in the future. The issue of security, usability, scalability for large performances, inability to support diverse business scenarios (cross chain) and speed continues to be a growing concern.
What Is Seele?
Seele is a technology eco-system that includes not only the blockchain technology but also other cutting edge technology needed ranging from the lower network layer protocol to the application layer protocol like smart contracts, designing tools, ID for users and developers and business providers.
Seele innovates the new era of value internet. While value internet may not be defined completely by anyone, it can be explained in terms of the requirements that come from the real industrial needs like healthcare application, etc. Seele wants to provide a solution to real industry requirements.
Seele will be able to solve these problems using consensus algorithms, ecological topologies Value Internet protocols, underlying network protocols, collaborative convergence computing and much more to promote the blockchain.
Seele also intends to use the token economy to encourage community contributions to share and create ecosystem instead of a centralized platform.
Design Principle
Seele does not use Proof of Work (PoW) nor Proof of Stake (PoS) nor DPOS nor pBFT nor Hashgraph because each of them satisfy only some requirements but not all. Seele proposes a new E-differential agreement (EDA) which is based on micro real numbers that transform the consensus problem into an environment with asynchronous request processing and data sorting on large scale. A big advantage of the consensus algorithm is that the performance increases as nodes size increase. With larger node size, convergence and performance is better and faster.
Highlights of Seele design principle
- Energy saving
- Consensus process changed from discrete voting to continuous voting
- Efficiency parameters can be adjusted for different environments
- Low transmission overhead
- Adjustable parameters
- Compatible with a variety of network structures
Heterogenous Forest Network
The popular bitcoin and ethereum have the single chain blockchain structure which is responsible for the network clogs, high transaction fees and delay in processing requests. The single chain structure has many setbacks like intra-chain businesses interfering with each other and closed network structure which cannot achieve cross chain interaction within different chains and as such fails to meet the demand of business interaction between multiple platforms.
The multiple blockchain structure on the other hand is usually either the multiple parallel chain or the main/side chain and has its own challenges though it might meet the different needs of businesses to an extent.
Some of the challenges include that the function of each multiple parallel chain is pre-configured and can barely meet the demands of ever changing business requirements. The main/side chain structure can derive different side chains as demanded but are more closely coupled with the main chain and may become a new center hence forming a setback.
Seele proposes a heterogenous forest network architecture that fills the gap between the real world and digitalworld, thereby enabling the definition storage transfer and transformation of resources and assets on the Value Internet to promote integration of Vaue Internet services with the current traditional internet business.
Conclusion
Seele is a very intersting project with experienced team who understand importance of collaboration and cross chain operations and the internet of things. I strongly belive this great project will be successful
Find out more in Seele Whitepaper
Medium: https://medium.com/seeletech
Facebook: https://facebook.com/seeletech
LinkedIn: https://www.linkedin.com/company/seeletech
Telegram: https://t.me/seeletech
Twitter: https://twitter.com/SeeleTech
Reddit
Seele username: Sussan
It is a known fact that the liberating innovation of blockchain technology has really provided ability for value transmission which the traditional Internet cannot deal with, but still, this advancement has been used to create various altcoins on the bitcoin and ethereum platform with more emphasis laid on the token price rather than application in real life/industrial purposes. Seele is targeting the building industrial service and digital economy, though I'm pleased with your well-detailed article and confidence about this project, and I'm definitely gonna participate in their ICO, I hope they achieve their aim and break the trend of the recent ICOs.
Thanks for the information.
Seele Ico is over. Seele is listed on Hadax right now. But its current price is really undervalued and you can get in.
Meanwhile the team is really good and they have stood out among other Ico campaigns
Seele is a technology eco-system that includes not only the blockchain technology but also other cutting edge technology needed ranging from the lower network layer protocol to the application layer protocol like smart contracts, designing tools, ID for users and developers and business providers
I haven't heard about seele until now or at least took a moment to give it a thought... A lot of thanks @sussan for this article.....Its really cool to experience a consensus algorithm much better than others such as pow,pos etc.....I will surely get more involved with seele and see how I can benefit from it
Please do more research and join the community. Thanks
You have a minor misspelling in the following sentence:
It should be believe instead of belive.Cool
The combination of blockchain technology and cutting edge technogy
Good bye to slow transactions
Nice project
Exactly!
How can i earn?
You can build a dapp on the seele blockchain
Hello @sussan
I have really enjoyed reading this article, I’ve actually been searching for articles about seele and i must say this is one of the best I’ve seen.
I must say, with the use of EDA and other great attributes you highlighted in the post, seele is definitely going to the moon.
Thank you for sharing!
The EDA approach is great. Thanks a lot
sounds interesting but how experienced are the team members?
Very experienced. Made up of scientists, mathematicians and good advisers
I have gone through your write up about seele, and i totally agree with the concluding part.
Thank for the information
Thanks dear
This looks like a really nice project but how reliable are the devs,,,just like you said ,, the blockchain has brought a lot of new tech along with it, and this tech is utilised in both good and bad ways.
They're awesome. Theyre not just abt building on blockchain, they want to really create a real Value Internet
This is a very nice project..Thanks for the enlightenment.
Yeah...
You should check it out
Seems like a good project.
This is interesting. How does one become a member?
Having read this, I believe Seele will be a great project, is their airdrop and icon still on?