Seele: Bringing In A New Era Of Value Internet
Blockchain technology has definitely come a long way from the early years of bitcoin. Bitcoin has always been referred to as the blockchain 1.0. This platform helped introduce blockchain technology to the world, and it's applications have infiltrated practically every industry. In the early days, of bitcoin, transactions with this currency was fast and effortless. However, as the number of users increased, the costs of transactions on bitcoin skyrocketed and the speed of transaction became unbearable for many users. Imagine millions of people depending on Bitcoin's 7 transactions per second (TPS)speed. Then came the era of Ethereum, which was launched on Blockchain 2.0, and this later gave rise to the introduction of the blockchain 3.0 platform. Despite all these improvements in transaction speeds, security, and more transparency. These blockchain platforms are still plagued by an inability to scale or handle large-scale performance, inability to share and exchange information across diverse blockchain platforms, and an inability to support diverse business scenarios. Yes, the aforementioned platforms are still limited, and it's definitely one of the major reasons why major players and institutions are still tentative about blockchain technology. So, how can we solve these dilemmas? Well, Seele Network has the perfect solution through its innovative blockchain 4.0 platform. To solve these issues, Seele aims to make improvements in different spheres of blockchain technology, by addressing the core issues of the blockchain, cross-chain agreement, network infrastructure, consensus algorithms, and underlying communication Protocol.
What is Seele
Here's a general description for this amazing network; Seele blockchain 4.0 platform is enabled by an up-scalable Neural Consensus Protocol, in order to produce high throughput concurrency amidst large-scale heterogeneous nodes, and it's able to form a different and unique heterogeneous forest multi-chain ecosystem This platform aims to lay a powerful foundation and a high-speed portal for the safe and free distribution of resources, distribution, and aid the transfer of transformation and value both within and outside the global chain. By building new ways of improving value Internet, this platform will aid the development of blockchain in depth and also ensure future productivity.
Seele's Solutions To The Blockchain
It's undeniable that Seele's blockchain 4.0 is the needed breath of fresh air that our society desires today. Imagine a blockchain technology without any of the common problems and issues that face the current blockchain industry. Past blockchain platforms failed to grasp the power in forming a unit, but were engrossed in individual performs, hence, thru failed. Here are a few improvements that Seele brings to the blockchain.
A better consensus algorithm. Seele proposes a neural network that's far beyond the current ones being used. This consensus algorithm will increase the fault resistance by 7 percent, and it had a higher performance than Byzantine Agreement algorithm.
A heterogeneous forest network architecture that provides good scalability got a variety of decentralized applications scenarios. It also has an impeccable mechanism resource and security isolation for a lot of generic demand.
In addition, Seele proposes a TCP/UDP-based low-latency Quick Value Internet Connection(QVIC) protocol, which is easier to integrate and can meet the requirements of the blockchain network, irrespective of the scenario.
Lastly the seele ecosystem has a token built on ethereum network , which is used to reward the users for the nodes and also pay transaction fees in the seele ecosystem.
Leadership Team
For more information check out the links below;
Website : https://seele.pro
Whitepaper: https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v2.0.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2820292.new#new
LinkedIn : https://www.linkedin.com/company/seeletech
Telegram : https://t.me/seeletech
Facebook : https://facebook.com/seeletech
Reddit : https://www.reddit.com/r/IAmA/comments/7wb5no/this_is_seeleteam_block_chain_40_technologyask_us/
Github: https://github.com/seeleteam
Twitter : https://twitter.com/seeletech
Instagram:https://www.instagram.com/seeletech
Authors details
Telegram username: @rok126
Profile link; http://bitcointalk.org/index.php?action=profile;u=1821234;sa=account
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Really brilliant article on the core improvemets that Seele is bringing into blockchain technology. I wrote a piece on Seele's amazing Blockchain 4.0 here https://steemit.com/blockchain/@foley/seele-ushering-in-a-new-era-of-blockchain-technology-blockchain-4-0 an upvote from you would be nice. Thank you
Thank you so much
You're welcome