BlockChain 4.0 : the Seele.

io98tesha (25)in #seele • 6 years ago

I became interested in blockchain indusrty recently, watching innovations and developments. And I have never met so much awaiting projects like Seele. It will be discussed in this article.
The project I'm writing about has already captured the entire Internet and community and continues to attract the attention of people around the world. We have the opportunity to get acquainted with the project.

The announcement of the Seele project appearance had attracted a great interest all over the world. This product shows the world a breakthrough in information technology, which will affect every family, as it is socially oriented. It will be a new version of Internet industry made by developers and specialists of the best US universities.

In fact the technology ensures the simultaneous execution of many functions, such as the parallel inclusion of various procedures using "more nodes - higher transaction speed." This is unique technology. An industrial service and a new generation of software-economy are being created with scaling of a multitude of different character and chain transfer of data, providing perfect protection.

This became possible by the use of heterogeneous nodes from around the world, which will provide both a high level of transaction security, and specific task execution by nodes, and network load sharing between nodes. All these ideas become possible by the consensus algorithm, and thanks to a secure decentralized exchange of information and tokenized transactions.

As developers said, they created Blockhain 4.0, which will unite and improve all existing models of blockchain. Let's remember previous versions:
• Blockchain 1.0 (Bitcoin);
• Blockchain 2.0 (Ethereum);
• Blockchain 3.0 (Lightning Network).
• And finally, the 4.0 blockchain that will consist of all the best from the past versions in the best performance.

There are a Seele system and flaws those can increase the quantity of nodes , for example, which leads to a reduction in the speed of the conclusion within the network agreement. It can be an obstacle to the transfer of all financial transactions of the ecosystem. Gevelopers proposed the introduction of Neural Consensus Algorithm - a new technology with high scalability- in the addressing of this issue.

Innovations will be presented by:

• a Neuronal agreement increases the speed of operations up to 40% that the previous algorithm BA could not boast.
• the High level of security and the high scalability of various services are able in heterogeneous nodes of the network.
• a VTP protocol and a HTTP protocol are for defining and assigning names and addresses. They can interact with the global network for integration into the ecosystem of the blockchain system.
• an Accelerated connection to the global network goes through the UDP and the TCP logging.

Some ways to achieve a neural agreement in the Blockchain ecosystem.

Chains or distributed registers are used for the input of various data in the ecosystem(data of transactions, of balances, etc.). And this method can be used to enter any data and preserve their confidentiality. It is important that the contents of the register are agreed and distributed among the addresses in order to avoid centralization of account management.
When the agreement is reached around the information between the participants, the relevant protocols of operations and security will be used.

Transactions conducting will be encouraged by tokens through addresses. The neural agreement system is based on the fact that the reward is for activity in the network. It is not just for the presence of its own tokens. The activity and value of a network member will be reflected in its relevance of the network. The availability of funds and a positive transaction history are provoking the trust to the service. Economic aspects play a leading role in the provision of security. The economic motivation is a defense and also is the demotivation for attacks. It makes affordable data protection and expensive attacks.

Basic principles of the Seele system are:

• the Forest Network - is a connection of heterogeneous nodes. It is a tree that includes a hierarchy of network connections. Each node is a standalone service that creates a plan and configuration settings for the global network. It can be represented by various business forms.

• the Cost chain (VHTTP) and the transport protocol (VTP) determine the cost of transportation. The second of them originates in the network of heterogeneous nodes. It is the identifier of operation assets. It is responsible for the unique identification and it is a strategy for the discovery of digital assets. And the first protocol regulates the exchange between in-chain and off-chain assets.
• The Neural Consensus Protocol. The ε-differential consensus is an algorithm that distributes large-scale nodes. Nodes separate them from each other.
• there is the Fast Internet connection. Seele is flexible and sensitive to connections of the wide area network and its transmission quality depends on the source of data.

There are weaknesses of the Seele system, which are under revision:
• The WhitePaper's content is fully technical and too difficult for understanding at first reading.
• A few advisors for the first-class expert developers team.
• Specific ways of implementing such a global project as a new generation blockchain are not fully presented.

It means that the Seele project is still at the stage of formation and development with all its dizzying attractiveness. And it is possible to become its investor at the beginning of its path to the cryptology world. The project requires a close attention of people who understand the opportunities which the BlockChain 4.0 Seele give them!

I came to the following conclusion.

In the most positive case scenario, The successful launch and the Seele system implementation will give the world a 4th generation detachment that will change not only the global economic system of all countries, but also will be useful for everyone. It can be simplify and can protect all the processes of purchases and payments, data exchange and implementation any transactions without any restrictions. It is the consensus for all countries. The consensus is made for people.