Review of Seele Plaform

honpaulo(33)

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Hello! Today, the review is real, a very cool project, I advise everyone to study it carefully.

At the end of last year, the growth of bitcoin and other crypto-currencies was simply terrific. In December and early January, market capitalization increased from 250 to 580 billion dollars.

All of you, at least once heard about the blockchain technology or know that with this technology you can safely work with assets in the global Internet, writing everything in the general registry and leaving the user anonymous. Beginning in 2012, people began actively using bitcoin. If they used to be traded on the stock exchange, now we can buy different goods and services from each other, pay in stores, this blockchain is called 1.0. Technology has become very famous, because thanks to it, intermediaries such as banks or payment systems are excluded. We can send any amount, see all the transactions, store the funds in a decentralized manner, without fear of the arrival of tax authorities.

An outstanding programmer, Vitalik Buterin introduced us to a network of smart contracts that allows you to create decentralized applications and makes it easy to implement blockchain technology in any area of our life. Many companies and corporations have adopted this technology, startups began to carry out ICO with the purpose to collect initial capital, for the development of their ideas. Thanks to this technology, it is possible to conclude any transactions with assets without resorting to traditional legal procedures. Ethereum - the crypto currency of this network. The technology itself has become very popular, which is confirmed by a multiple increase in the price of the token (see graph). Ethereum was awarded the title of blockchain 2.0.

Such advantages of technology, attracted the attention of many people and owners of large companies and corporations. Massive use of crypto-currencies began and we faced a problem in the form of network overloading, raising fees for transactions, although initially this was one of the important advantages of this technology.

To help solve this problem, came the technology blockchain 3.0. At the moment, the Lightning network is being developed and tested, in order to improve the bitcoin's throughput, this technology will help to surpass the large payment systems of the VISA type. The idea is to conduct micropayments in bitcoins and other crypto-currencies, thus unloading the network. The technology configures individual networks between two participants of the main network, internal operations are not written to the blockchain, but stored only in the communication channel. Only the opening and closing points of the channel with the initial and final deposits are fixed, and the transfers made in this channel are not fixed in the blockchain, which removes the load from the common network.

As you can see, each time there are new problems, shortcomings are revealed and we need new solutions. This is how humanity develops. The Seele startup looks ahead and prepares a new technology for solving new problems, it is called blockchain 4.0.

The project team creates a new network that will be able to help the existing blockchain technologies interact with each other using the highly scalable Neural Consensus consensus that can provide high performance, parallel operation between large nodes consisting of two or more platforms. We really need this, because we have to constantly resort to exchange, move from one exchange to another, in order to buy the necessary tokens. This creates risks and inconveniences. Thus, the team of programmers set a task, to create a special cryptographic system with many functions.

This task was undertaken by a brilliant team consisting of competent developers, consultants and financiers. The author of eight patents on developments in the field of blockchain technologies. Wei Bi; Senior Software Engineer and Software Engineer, Microsoft Qiu Bo; founder of the Chinese association of blockchain technologies and crypto currency expert. Gong Hui.

What this technology gives:

the speed of the network increases from 33% to 40%

Increase in scalability for a large number of applications, resource efficiency and sorting of large-scale nodes (Heterogeneous Forest Network);

the introduction of a new type of Internet connection with low latency, TCP / UDP protocols;

The use of VTP, which is responsible for unique identification and is used in the strategy of opening digital assets.

The team is actively working on the development and participates in many events, recently they turned to the HADAX exchange, which is the brand of the largest stock exchange of China Huobi. This month it is planned to launch a test network, in the experimental environment 3000 TPS was achieved. This ecosystem will provide us with cheap transactions in the global network, it will be simple and safe.

From a private conversation with an experienced investor, I realized that the development of blockchain technology brings tremendous benefits to the whole of mankind. People's lives change only for the better, in quality of life and financially. Reduced mediators in many transactions, the protection of personal data comes to a new level. Speaking specifically about the Seele project, then its technology will significantly bring us closer to an ideal world, a world of interaction between people, prosperity and economic growth. I sincerely advise everyone to pay attention to this project.