Seele is taken a strategic position in the blockchain space as blockchain 4.0 with the cardinal objective to bring value laded improvement on blockchain 1.0, blockchain 2.0 and EOS/Dfinity/Cosmos blockchain 3.0 in the ecosystem. Erstwhile blockchain peer group suffer from the Scalability, Security and Efficiency inconsistency; making it difficult and grossly unmanageable to enhance one or two of these structures, without involving others therein.
Seele's cardinal objective is go-getting, as the project has commenced an effort geared towards creating a new consensus mechanism, blockchain architecture and a new paradigm that will witness a protocol that would permit value transfer between blockchains to create extensive visibility and create a foundation where Seele tokens will revel in the significant increase.
In other words, EOS EOS/Dfinity/Cosmos blockchain 3.0 does not have the ability to scale up to 1 million transactions per second; however, to accomplish such an extraordinary output, the agent nodes are likely to become vulnerable to assaults and thereby submit to a security compromise.
Basically, if you read through the infographics, Seele is making critical attempt to take to another pedestal prevailing blockchains by developing a new network infrastructure from the scratch without letting off on the scalability, efficiency and security absurdity.
With fundamental top-notch features to facilitates this new paradigm like value transport protocol, quick value internet connection protocol, neural consensus algorithm and heterogeneous forest network architecture.
Neural Consensus Algorithm was put in place to moderate energy demands, strengthen efficiency, and advance scalability in the ecosystem. A noticeable strategic feature of the consensus algorithm is the linear scalability, that is, the performance increases linearly with the node proportions. Basically, this facilitates a situation where the larger the node size, the faster convergence and the enhanced performance. Let us look at its numbers, taking the 100K node network ecosystem, TPS reached 100K, the deal confirmation delay decreased to quite a few seconds in the platform.
There is also the Value Transport Protocol mooted to facilitate the transfer of value between diverse blockchains, This will allow for some set of rules that would permit blockchains to recognize digital assets they want to send or receive in the ecosystem.
Similarly, with the heterogeneous forest network, consumers will have the ability to drive individual sub-chains that could be relied upon for business uses such as individual projects among others.
The Token
Looking at the tokens semantics, the infographics shows that it transacts under of Seele. This is basically used primarily for two noticeable reasons. Looking at it from the perspective of starters, operators obtain the token when their node helps to fund consensus. The tokens will be utilized to pay transaction fees for the system. SEELE token sale from information available was held sometime in early April, and authoritatively 1 billion tokens were traded and were later listed on HADAX (Huobi Autonomous Digital Asset Exchange).
Seele Roadmap Development Project
To show the veracity, and bold steps taken by the conceptualizers of this project, they have a very concise, result oriented and apt roadmap of the project below:
Q1 / 2018: Verification of feasibility.
Q2 / 2018: Complete the test net.
Q3 / 2018: Check core functionality and optimize performance.
Q4 / 2018: Mainnet announcement.
Q1 / 2019: Build application support apparatuses’
CONCLUSION
Seele strategic and significant strive to berth the blockchain 4.0 is not just historical but is a value proposition that is impressive and result oriented. With the prospect of an incentivized project, nothing can be more appealing like Seele.
The Team
The vastly experienced team is the pride of any project. With the group of very learned and vastly experience technocrats in the digital field and beyond, this has given more credibility to the platform. From Maolin Zheng, CEO, holds a Ph.D. in Operations Research from Rutgers University; to Nick Smith, the COO who has a Ph.D. in Visual Science from City University London and Wei Bi, Seele's chief scientist who holds a Ph.D. in Vision Science/Physiological Optics from City University London among other advisors and team members I salute them for the value they are bringing to fore.
For more insight on the Seele project, please click on the links below.
Website: http://www.seele.pro/#/index
Medium: https://medium.com/seeletech
Facebook: https://facebook.com/seeletech
Instagram: https://www.instagram.com/seeletech/
LinkedIn: https://www.linkedin.com/company/seeletech
Telegraph: https://t.me/seeletech
Twitter: https://twitter.com/SeeleTech
Bitcointalk: https://bitcointalk.org/index.php?topic=2820292.new#new
Reddit: https://reddit.com/r/seelenetwork
Github: https://github.com/seeleteam
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