Seele Overview

in #blockchain7 years ago (edited)

FB_IMG_1530089590684.jpgThe advent of the blockchain technology brought with it so many benefits to the business world.

The benefits cannot be over emphasized. Ever wondered why this technology is yet to be fully adopted in our everyday life? The answer is not far fetched.

The consensus algorithm of the blockchain are its bedrock .
However, these consensus algorithms( pow,pos, Dpos, PBFT , Hashgraph, Algorand) etc are flawed in one way or the day and so not efficient, these algorithms are fraught with issues which have pushed the blockchain weaknesses to the forefront.
It exposed the scalability , inability of different blockchain ecosystema to interact, communicate and exchange data and resources among themselves, power consumption issues, security flaws etc.

This is where Seele comes into the mix.
Seeele is a German word for soul.

Seele aims to proffer solution to these challenges with a view to improving efficiency and the wide spread adoption of the blockchain technology.

Seele aims to combine both pros and cons of the present blockchain consensus algorithm in order to solve the challenges.
It proposes the use of some consensus algorithms such as :
Novel Neural Consensus, e- differential agreement (EDA) based on micro real numbers,
Heterogeneous forest network, value transport protocol.etc

The e- differential Agreement based on micro real numbers...is capable of transforming the consensus problem into an asynchronous request processing and sorting of data in large scale environment.

Through one of the
E-differential agreement feature, linear scalability, performance can increase linearly proportionally to a node size.

The E- differential agreement highlights.

Changing of consensus process from discreet voting to continuous voting.

Adjustmenting efficiency parameters for diff environment.

It saves energy saving.

Adjustable parameters compatible with a variety of network structures.

With the Novel Neural consensus, tolerance fault would be increased from 33% to 40%

Since the blockchain can not store chains of data effectively .the computating resource integration would be used in integrating off-chain storage and computational resources over blockchain and smart contract. This will ensure the secure storage and protection of data.

Seele has provided 2 kinds of distributed storage method , IPFS and METADATA
that is based on blockchain that will facilitate storage and protection of data.

To improve efficiency of the blockchain technology, seele would use
The complete application development tool chain: to support developers in developing, testing and deployment of cobtracts in one environment.

Cross-Platform SDK: for regular checks and updates of technical documents .

A plugin-store, for the provision of contract development components.

IDE with community modules ...for communicating problems that are related to the development.

It is a well known fact that once one lost or misplaced his/her private key. ..that there is no known measures for recovery .
This is one of the security issues limiting the adoption of blockchain.
Seele plans to proffer solution to this problem in future.

Benefits?

Unity among different blockchain ecosystems.

Improved efficiency.

Low power consumption

Fast confirmation of transactions and increased TPS throughput.

Data are securely stored and protected.

Useful links

Websites. https://seele.pro/#/index
Whitepaper.

https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v2.0.pdf

Facebook. https://www.facebook.com/seeletech
https://medium.com/seeletech
Medium

Author's bitcointalk profile. https://bitcointalk.org/index.php?action=profile;u=2050118

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This is an exception project, been following up with developments for quite some time, team looks responsible and capable to handle the project

Seele is the perfect blockchain 4.0

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