SEELE REVIEW - A PLATFORM FOR ADVANCED CONSENSUS ALGORITHM

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SEELE: A PLATFORM FOR ADVANCED CONSENSUS ALGORITHM

Various blockchain cryptocurrencies like Bitcoin give their holders the privileges of making transactions without making use of a centralized platform. Operations on blockchain are done using various consensus algorithms like proof-of-work, proof-of-stake, and others. But these consensus failed to meet up accurately the required conditions for an effective and efficient operations on the blockchain platforms. They exhibit various lapses like inadequate security, centralization, slow confirmation of transactions, excessive expenditure of energy, low fault tolerance and many others. There is therefore a need for a more efficient consensus algorithm in order to enhance the efficiency of the blockchain technology, and that is exactly what led to the inception of SEELE technology.

Seele is an ecosystem which was able to identify the causes of the various flaws occurring in the blockchain technology, and has come to give remedy to the problems. It is a decentralized blockchain driven platform with the aim of revolutionizing the blockchain technology.

THE DESIGN PRINCIPLES OF THE PLATFORM

• EFFICIENCY: The first thing the platform is working towards is the improvement in the efficiency of the blockchain technology.

• RESOURCE ISOLATION: making use of the partition hierarchicalmulti-chain mode together with blockchain in order to eliminate multi-service interferences.
• Dynamic expansion of the blockchain technology.
• OPEN SYSTEM ARCHITECTURE (OSA): meeting the interoperability, portability and customization requirements of the technology.

• EFFECTIVENESS OF EXPERIENCE: provision of standardized communication protocols which will allow a full scale multi-perspective user experience.

ADVANCED CONSENSUS ALGORITHM
Each of the currently existing consensus algorithms all exhibit different flaws which in one way or the other leads to the inefficiency of the blockchain technology.
Seele introduces a neural consensus algorithm called E-differential Agreement (EDA). It is an algorithm that meets the various requirements like adequate security, linear scalability, reasonable energy consumption rate etc, which are all needed for efficient blockchain operations. The followings are the unique features of the EDA:
• Low transmission overhead.
• Efficient compatibility of parameters with various network structures.
• Energy saving ability.
• Exhibits a continuous mode of voting during consensus processes.
• Adjustable ability of the parameters to suits various network environment.
• High level of fault tolerance.

HETEROGENEOUS FOREST NETWORK STRUCTURE
Another issue that need to be addressed is the form of the existing blockchain structures. The single blockchain structure is relatively simple for users to make use of, and to a limited extent, it meets the user requirements. But as the blockchain technology expands, this structure could not meet the various operational demands. It couldn't carry out complex transactions.
The Multiple chain structure which runs using multiple parallel chains was proposed, but this partially meet the various needs of the technology.
Seele hereby presents an heterogeneous forest blockchain structure which is made up of various subnets in form of an hierarchicalpartition tree scheduled for various business scenarios. It has the ability to meet the needs of various types of complex business. It has a Value Transport Protocol (VTP) which enhances efficient exchange of value across various chains.
Via the intelligent contracts on this platform, transactions are carried out in a premise that ensures the privacy and confidentiality of user data.

Token Information

Token Name: SEELE
Platform: ERC20
Token Function: Internet of Value
Circulating Supply: 460,000,000Seele

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