SEELE-REDESIGNING THE VALUE INTERNET PROTOCOL FOR THE BLOCKCHAIN NETWORK.

in #blockchain6 years ago

seele value network.jpg

I guess by now you all have heard about blockchain 4.0 as known as SEELE. If you haven’t come across let me describe to you.


What is Seele?
Well, the white paper suggests“SEELE is empowered by an up-scalable neural consensus protocol for high throughput concurrency among large-scale heterogeneous notes to is and is able to form unique heterogenous Forest multichain ecosystem.

Yes I know that’s a lot of heavy words to digest, let me break it down and describe it to you.

  1. Seele follows a new algorithm namely-Neural Consensus Algorithm, which is designed in such a manner that allows the speed of transaction to reach as far as 1 MILLION transactions per second.
  2. Seele also has structured a heterogeneous forest structure, involving root chain and other subchain interacting with other blockchains, creating a value network.
  3. Seele creates new protocols for its network -VTP and VHTTP.
  4. Seele shares its computing resources on chain and off-chain, calibrating blockchain and IPFS.IPFS as the core of storage and metadata on the chain of stores.

IN one sentence Seele has built itself all that it needs to rule the space the future

Let us analyze the brilliant idea this tech team has come up with, for sharing value within blockchain network-VALUE TRANSPORT PROTOCOL.

Do you know why Internet became so efficient, user-friendly and it got widespread adoption?
Rules, Protocols etc's were the reason behind this. For Example:- Internet Protocol defines devices and software could access the internet seamlessly; File Transfer Protocol- defines which allows users to transfer a file from one point to another on the internet. Similarly, in Blockchain Networks to share data, and to communicate with each other, protocols are ruled.let's take for example Bitcoin and ethereum, they two are completely independent and cannot communicate with each other.

In present there are protocols, but problems exist in them.
Seele being an interoperable blockchain that is also trying to build a consensus trying to replicate a human brain-which is fast and reactive from which the name is derived -neural consensus. It proposes Value Transport Protocol(VTP) which is based on the heterogeneous forest structure that it follows.
Screenshot (220).png
Seele has defined an Uniform Asset Identifier under VTP. This is the hierarchically structured naming of an asset, which indeed helps the users cognition and it can attract more users to its base and be getting itself adopted while transferring value efficiently throughout the network. This are significant moves that the tech team showered on designing the Seele blockchain will be used by the masses and people will be comfortable with the platform. In the Blockchain network ,data on the chain is the asset and its naming, uniqueness, and identity are of great importance.

Asset 4.png
Seele's blockchain has a META CHAIN that is a global configuration chain, managing the entire forest network.
The sub chain in the network gets attached to the parent chain after it sends a request and later getting accepted by the chain. Each sub chain has a lookup function implemented n the system and the contract of the network...this is one of the key to the network of value being really valuable. Think of the system to be a house with different rooms (subchains) all connected through the same door, any information that needs to be transferred has to pass through the door, reaching the desired room, after taking permission from the head in the house(meta chain). The whole network is synchronous, smooth and efficient. In order to have more efficient network utilization and improved data capability ..in one word-Efficiency of the network; Seele introduces route cache mechanism in the network. On each chain, the contract manages route cache mechanism when the chain is built.
Screenshot (221).png
Seele follows Http protocol for the internet and proposes a VALUE HYPERTEXT TRANSFER PROTOCOL(VHTTP), for easy cross chain action for the upper-level applications. The protocol implements exchange of value between the chains, on chain and off the chain.VHTTP and VTP protocol helpSeelele be more efficient and strong.
The tech team in comparison to the TCP and UDP protocol proposes Quick Value Internet Protocol(QVIC) for Seele.It is more powerful and can deal with low latency of the blockchain, more connections and security of the network.QVIC retains the fast and efficient features of UDP protocol and integrity of TCP data transmission.YET, compared with the TCP protocol, the QVIC protocol has greatly improved the transmission rate, and the speedupratio has reached 500% for 1GB data transmission, And Based on the UDP protocol, QVIC improves the stability and efficiency several times by customizing the transmission control algorithm and the FEC dynamic compensation mechanism.
.De8VwWnU8AAdBlY.jpg
Seele has prepared its network so that any storm can be calmed when comes in its contact. The features proposed in Seele has already been tested. There are less or no visible glitch available in their concept, for all those technical people out there their GitHub page is active and they keep on improving their system, their main net is going to launch in 2018. Keep an eye on this Platform,it has the potential to be widely used, a strong tech that won't fail the users and might change the world once in for all.
visit their github page and check their repository-
https://github.com/seeleteam
Link to Seele's Page-
https://seele.pro/#/index
Link to Seele's Whitepaper-
https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v2.0.pdf
Link to their telegram Community-
https://t.me/seeletech

Thankyou for reading.
by- S dutta Roy

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