SEELE - Innovation of New Era Value Internet

Blockchain has disrupted and improved technology and will do more in the future. The issue of security, usability, scalability for large performances, inability to support diverse business scenarios (cross chain) and speed continues to be a growing concern.

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What Is Seele?

Seele is a technology eco-system that includes not only the blockchain technology but also other cutting edge technology needed ranging from the lower network layer protocol to the application layer protocol like smart contracts, designing tools, ID for users and developers and business providers.

Seele innovates the new era of value internet. While value internet may not be defined completely by anyone, it can be explained in terms of the requirements that come from the real industrial needs like healthcare application, etc. Seele wants to provide a solution to real industry requirements.

Seele will be able to solve these problems using consensus algorithms, ecological topologies Value Internet protocols, underlying network protocols, collaborative convergence computing and much more to promote the blockchain.
Seele also intends to use the token economy to encourage community contributions to share and create ecosystem instead of a centralized platform.

Design Principle

Seele does not use Proof of Work (PoW) nor Proof of Stake (PoS) nor DPOS nor pBFT nor Hashgraph because each of them satisfy only some requirements but not all. Seele proposes a new E-differential agreement (EDA) which is based on micro real numbers that transform the consensus problem into an environment with asynchronous request processing and data sorting on large scale. A big advantage of the consensus algorithm is that the performance increases as nodes size increase. With larger node size, convergence and performance is better and faster.

Highlights of Seele design principle

• Energy saving
• Consensus process changed from discrete voting to continuous voting
• Efficiency parameters can be adjusted for different environments
• Low transmission overhead
• Adjustable parameters
• Compatible with a variety of network structures

Heterogenous Forest Network

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The popular bitcoin and ethereum have the single chain blockchain structure which is responsible for the network clogs, high transaction fees and delay in processing requests. The single chain structure has many setbacks like intra-chain businesses interfering with each other and closed network structure which cannot achieve cross chain interaction within different chains and as such fails to meet the demand of business interaction between multiple platforms.

The multiple blockchain structure on the other hand is usually either the multiple parallel chain or the main/side chain and has its own challenges though it might meet the different needs of businesses to an extent.
Some of the challenges include that the function of each multiple parallel chain is pre-configured and can barely meet the demands of ever changing business requirements. The main/side chain structure can derive different side chains as demanded but are more closely coupled with the main chain and may become a new center hence forming a setback.

Seele proposes a heterogenous forest network architecture that fills the gap between the real world and digitalworld, thereby enabling the definition storage transfer and transformation of resources and assets on the Value Internet to promote integration of Vaue Internet services with the current traditional internet business.

Conclusion

Seele is a very intersting project with experienced team who understand importance of collaboration and cross chain operations and the internet of things. I strongly belive this great project will be successful

Find out more in Seele Whitepaper
Medium: https://medium.com/seeletech
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LinkedIn: https://www.linkedin.com/company/seeletech
Telegram: https://t.me/seeletech
Twitter: https://twitter.com/SeeleTech
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Seele username: Sussan