Seele = review
Hallo .. Friends, If you're interested in joining the Seele project or you're interested in joining the Seele , it's a good idea to read reviews that can help you get information that might help you in viewing their mission vision during the Seele project
Here's the review !!
I give you a review of the Seele project.
This review was written in the period of February 04-February 07, 2018. It is possible, that something has already changed.
The description of the product in one sentence
They are creating a multifunctional blockchain of new generation. At the moment it knows no equals with regard to its functionality.
Dates, amounts, terms, etc.
At the moment there is no any publicly available information on hard cap, dates, structure of sale or token distribution.
The answer to all such questions is “TBA”.
Metrics
The project came into my sight on January 25, that’s why there is an opportunity to have a look at the dynamics of some metrics over the 10-days’ period.
As of today, the site exists for 20 days, which is not very long. I believe, that 60+ days is good enough and 90+ days is awesome.
Site traffic is 360 per day (previously it was 85 per day). In my opinion, normal traffic for a site of a project a week before a sale is 1 000 per day.
There are 15,000 people in Telegram (previously there were 2,300!). After 20,000 people start getting FOMO.
Google Trends compared searches of Seele to searches of Elastos — the popularity of Seele is 60% from that of Elastos.
BitcoinTalk was created on January 25, when the project came into my sight. There were 3–5 messages. Now there are about 100 messages. The speed is 10 messages per day. Most of them are the messages a la “nice project, I’m very intrigued/interested/excited”. The creator of the topic left one message, saying he apologizes for not being able to respond to everybody and asks to leave questions in the group or search information on the web-site.
Medium — 210 followers. As of January 25 there were 2 publications. For now, they are deleted, but there are 4 new publications. One publication is a description of the technology and the other 3 — about the team’s trip to Davos economic summit.
Twitter — 3 000 (there were 300!). It was registered in January 2018.
Reddit is not active.
Github was created 20 days ago. I did not assess the code, let’s leave it to specialists.
There were created many projects recently, that exist for less than a month, and the current ICO season started somewhere about the first half of December.
Why did I mention that? Because I have more credibility in the projects that were created in September-November 2017, than those created in December 2017-January 2018. It’s not because the latter exist for a shorter period of time, but because the former where created in the market, that was very unfavorable for ICO projects, and the team didn’t know, that in wintertime the conditions would be so favorable, as they are now. Thus, their history is more about “making the project”, than “raising the money”.
What concerns Seele, the web-site is rather new, but the LinkedIn profiles of the team members suggest that they’ve been recruiting people for the project since May 2017.
The countries are UK + China.
Important information from whitepaper
For me, being a person with good basic understanding of blockchain technology functioning, it was rather difficult to understand the offered technologies. I’ll list them below.
Novel Consensus Algorithm is an alternative to the existing algorithms (PoS, PoW, DPoS, Hashgraph and Algorand). In WP they describe the nature of algorithm and its advantages over the rest of them: it embodied all the best that other algorithms have. As far as I understand, their algorithm is based on asynchronous computing, up to 50% of which can operate outside blockchain. There is no any information about this algorithm on the Internet. It appears that it’s their proprietary development. The algorithm has a linear scalability with the node size: the larger the node size, the faster and better performance. The capacity of the node is what matters, and not its hashrate.
Heterogeneous Forest Network is compared to existing single-and multi blockchain structures. Their blockchain is a complex multilevel structure and its parts are connected with each other, but each part functions independently. It is believed, that such structure can meet the needs of the real world and fully support multilevel business processes.
The nature and the evolution of technology is clear:
Single chain — many equal chains — many chains with different hierarchy.
- Value Transportation Protocol is a protocol of data transfer with features similar to existing Internet (network connection, transfer and viewing of data).
This technology allows to use: multilevel “self-explanatory” addresses (example: CHAIN://edu.pku.cs/account/data) and not random set of symbols in hashes; cache; access to network through vhttp protocol, which is a protocol for data and value exchange (access through classic http protocol is also possible without the need to connect to blockchain network directly).
Quick Value Internet Connection is a solution for eliminating large latency while working with the network (after all, transmission is based on blockchain and data has to be written in blocks).
Computing Integration is a technology for off-chain data storage. When business-processes and data of large companies start using blockchain, it can grow to an enormous size. This technology is a solution to such a problem.
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.
Token Economics:
currency;
nodes encouragement, because the more nodes involve in, the higher the system efficiency and shorter the confirmation time;
transaction fees.
At the end of the whitepaper they specify some acute problems of all blockchains: loss of private keys, disagreement between Core team and miners, mistakenly frozen tokens, forks etc.
The team is planning to give more privileges to token owners and less — to miners. The network will be randomly selecting top nodes and give them the governing functions within a certain time frame.
ROADMAP:
2018
Q1 — validation of all algorithms and functional module startup.
Q2- data transfer and functionality testing in test network.
Q3- deployment and checkout of the mechanisms I described in the whitepaper topic.
Q4- rollout to public network.
In 2019 they plan to deploy Seele v1 and v2, as well as to integrate various spheres of life into their blockchain.
Here are the reviews I present to you all in finding information and knowing the Seele project currently being run by their team, if there is a lack of explaining this article, do not worry, I have set up a link for you to get accurate information and of course You will be able to speak directly with their founder or team, at the link.
For more information and joining Seele social media today please follow the following resources:
Official Email Address: [email protected]
Official Website Link: https://seele.pro
Official Announcement Channel: https://t.me/SeeleAnn
Official Telegram Group: https://t.me/seeletech
Official Telegram Asia: https://t.me/SeeleCN
Official Twitter: https://twitter.com/SeeleTech
Official Facebook Page: https://www.facebook.com/seeletech
Official GitHub：https://github.com/seeleteam
Username: andylioe78
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1330040
Eth: 0xf1Aee635fb241e9668bE8d32Dd1AffA39Fc4a744