Developers are constantly trying to increase the speed of transactions, ensure maximum reliability and provide scalability of the network. But for each project, this happens with varying success. The Seele platform sees its decision in creating the ideal block chain and is considered a new blockchain 4.0 technology. Let's take a closer look at this project, its advantages, how it can differ from competitors and what will this give the market new?
What is Seele
Seele is a blockchain 4.0 platform, the goal of which is to create the ideal environment for high-speed and instant transactions. The platform provides for the implementation of a fast and reliable network based on a heterogeneous ecosystem.
The main idea and the Seele project team
Seele intends to carry out a "restructuring" and present a new revolutionary solution to the world. Blockchains of the previous generations represented an incredibly powerful technology, but its functionality and capabilities were strong only in one directed cycle. It is either a functional, transaction speed, reliability, or scalability.
By integrating these capabilities into one, Seele will be able to present the ideal product to the world, and leave the outstanding competitors that are now on the market far behind themselves.
Seele Project Objectives
Blockchain technology requires constant development and improvement. This technology is not yet ideal and there are a number of problems in it, such as:
- there is no scalability;
- there is no possibility to exchange assets with other blockers;
- there is no reliable exchange of information;
This is one of the main factors that hamper the development of the detachment as a whole.
The Seele project developers are determined to change the situation by changing the architecture of the blockchain. Some of the changes that the team suggests are:
Change the consensus algorithm to a newer one, which will be able to speed up the work of the network. This will not load one particular node of the network, but, on the contrary, distribute it to several nodes.
Using HF to create an ideally scalable network and high bandwidth. This will create not only an ideally safe network, but also a rational allocation of resources.
Creation of basic protocols for the redirection of Internet assets and its further integration into the network. The consensus protocol will be responsible for conducting verification and transactions on the network.
Overview of the key components of the Seele system
- Forest Network is responsible for creating networks that represent a configuration from several business forms.
- The VTP protocol is responsible for creating a new architecture and distributing digital assets. He also has the ability to carry out interblock exchanges.
- Competent and unhindered expansion and sorting of nodes. This will be available by using a special ε-differential agreement.
- Connection and high quality of transfer of connection to the Internet and adaptation to the network.
Advantages
- Development of a completely new protocol to improve the scaling and network bandwidth.
Conclusion
Seele is an incredibly ambitious project with a clear understanding of architecture. The team has an understanding of how the goals set for them will be achieved. Of course, at the moment it is too early to draw any conclusions regarding this project, since the team still needs to do a great job and create a really working product.
In 2018-2019. The fourth quarter will be submitted to mainnet - after that, it will be possible to draw some conclusions about this product. At the moment, I encourage you to follow the development of the product Seele
Project Contacts:
Official Website Link: https://seele.pro
Official Telegram Group: https://t.me/seeletech
Official Twitter: https://twitter.com/SeeleTech
Official Facebook Page: https://www.facebook.com/seeletech
WhitePaper: https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v2.0.pdf