Seele, a blockchain scheme that labels itself as “blockchain 4.0,” with likely purposes in IoT, game assets, fintech, and others, has a professional blurb on its homepage that questions Seele is “powered by an up-scalable Neural Agreement order for high throughput concurrency between large-scale complex nodes and can form a unique complex growth multi-chain ecosystem.”
Innovative technology
Seele created a neural consensus algorithm that transforms the consensus problem into an asynchronous query, and also processes data based on "micro real numbers".
The entire Seele project is based on a heterogeneous forest network, which consists of different subnets. Each subnet handles different maintenance scenarios independently, but they can interact with each other thanks to Meta Chain (the vertex where all subnets cross).
In the future this project can be used in the social sector, Internet resources IOT, games, health care, banks, etc.
What is the advantage?
The Seele project will provide a large-scale high-tech industrial platform, which at high speeds simultaneously performs a large volume of operations, and can also process and store a large amount of data. And a huge role in this project is played by the protocol of neural consensus.
Advantages of this project:
- The process of consensus has changed from a discrete vote to a continuous vote;
- Performance parameters can be configured for different conditions;
- Energy saving;
- Low transmission costs;
- The adjustable parameters ensure the achievement of the interval of convergence and sampling rate;
- Compatibility with various network structures.
Issue of tokens
The consensus Seele algorithm performs the following function: with increasing the efficiency of the agreement between nodes (and in this project a large number of nodes!), The transaction confirmation time is shortened. The company enters tokens to reward participating nodes in order to attract new nodes, and in order to be able to charge a commission for transactions. These fees will be used to reward the consensus nodes.
Heterogeneous Forest Network (HFN)
Why? The new Internet of value consists of heterogeneous blockchain from around the world. Each blockchain and subnet provides the same or different businesses and services. Therefore, providing cross-chain access capabilities for heterogeneous blocks is critical for network operation stability and value transmission
What has Seele done? In HFN, each chain provides only the smallest number of services relevant to the business logic involved, and each integrated service only runs in a separate chain. The advantages of this design not only ensure security isolation and resource optimization but also provide cross-chain access capabilities to enable transmission of values between heterogeneous chains.
Terms of implementation
- 1st quarter 2018 - approval of the algorithm for the central modules and obtaining the minimum operating mode
- 2nd quarter 2018 - transfer of user value to the test network
- 3rd quarter 2018 - deployment of the transfer of values and the opening of the channel for the transfer of values to the heterogeneous forest network
- 4- Q1 2018 - deployment in the public network
- 1st quarter 2019 - creating tools for supporting applications
- 2nd quarter 2019 - cooperation in the agreed algorithm of the Seele Internet Protocol of values with four educational institutions
- 3rd quarter 2019 - Communication to ensure the safety of these automotive networks
- 4th quarter 2019-Creation of the next version of Seele
The project team
- The CEO of Seele, as well as one of its founders is Dr.Maolin Zheng, Risk Specialist of Beijing Guozhengtong Technologies and Creditease Beijing.
- Dr.Bi Wei is the chief researcher, the first author of 8 projects in the field of blockade technology, the chief assistant secretary of the China Blockchain Technology Innovation and Application Alliance.
- Dr. Gong Hui is an expert in the field of crypto currency, the founder of Yuen Long Financial Information Services.
- Dr. Nick Smith is a medical data analyst, current research fellow at the Moorfields Eye Hospital (UK).
Conclusion
The Seele project, implementing a block system, can inspire confidence in all participants of cryptology. This project is most relevant to the social segments of the market. A new consensus algorithm helps reduce the time of transaction confirmation, which plays a huge role in the modern world.
Official SNS account:
- Facebook: https://www.facebook.com/seeletech
- Twitter: https://twitter.com/seeletech
- InkedIn: https://www.linkedin.com/company/seeletech
- Reddit: https: // www .reddit.com / user / seeletech
- Github: https://github.com/seeleteam
- Instagram: https://www.instagram.com/seeletech/
- Weibo: https://www.weibo.com/SeeleTech
My ETH : 0x31cAff27C9d74048375ec5E1e301fC10bd5d0954