Hi! Today I want to tell you again about a very interesting ICO . If this project succeeds in realizing as developers have conceived, the Seele project will take the main positions in the world cryptosystem and push others crypto platforms down. So, let's see.
The Seele project is positioned by developers as a blockchain 4.0.
Let's remember.
We have Blockchain 1.0 (bitcoin, lightcoin, dogecoin and other services). All of them were created and used just for transactions. And their transactions are rather slow.
The next one is Blockchain 2.0 - Ethereum. And its main advantage is that it has smart contracts. It is possible to write the transaction conditions in the code.
The third Blockchain we have is a group of services such as a EOS, Cosmos, DFINITY. We have here advantages: a high productivity, an improved model of consensus, cross-chain transactions, currency exchange of crypto-coins possibility. They possess a good scalability.
Proceed to the new proposal, Blockchain 4.0, the Seele. What is there for our attention? First of all, there is an entirely new consensus algorithm based on asymmetric calculations, and ultimately allowing the speed of the system to be increased. There is a distribution of all operations of the operations in half to half between the on-chain and the off-chain side. It allows you to send your information in the blockchain and get it outside of the chain.
Their algorithm took the best from previous versions of the blockchain, the best from PoS, PoW. They have improved and introduced his consensus algorithm. It is their own breakthrough. The advantage of the proposal is that it does not take much nod. Increasing node quantity makes the transaction speed higher.
One of the biggest advantages of this system is that the developers can make one million transactions per second, and it will be probably more than a million in the future. That is what all operating centralized transaction systems will never be able to do.
The project objectives.
Project positioning. There are standards which are made to change people's opinion about economic and financial relations in the network. A new look at the value of Internet transactions, freedom and security of economic processes and data exchange. That is the Seele creators idea that they were inspired by.
Implementing a multi-level and multitasking model of the main protocol of Seele's blockchain system in all Internet operations in any area of human life. It is to make it purchases, financial operations, exchange and storage of data, including state-level data of the Healthcare and the public financial sector easy and safe.
Ensuring the "iron" consistency for achieving compatibility of the circuit resources and the possibility of collective calculations of heterogeneous networks simultaneously and parallel. The function of each chain is usually preconfigured for several parallel circuits in order to adapt the system to rapidly changing and diverse business needs, and to simplify the distribution of computing and information resources on several circuits. The Seele project uses its innovative technologies for all of that. The implementation of parallel computational actions is not limited either in speed or in scales. Each operation is also protected from malicious attacks and data loss.
Providing the world with a platform with a powerful database of high-speed data links and transactions for free and secure resource turnover within the entire global network in a chain and outside the chain.
"Human orientation" is for the flexibility of the ecosystem for the global Internet community needs. There is a benchmark for a mutually beneficial cooperation strategy between developers, service providers and users of the information assets registration system, trade transactions on an open platform.
The mission to create an operating system in accordance with high Internet values, which can provide this:
Developers can use integrated and flexible service design, development, testing and implementation of the blockchain service;
Service providers can have the most effective channels of customer service;
And users get the easiest platform for transfers and values exchanges.
Using of the crypto-currency system of the economy stimulates community participation in the creation of the ecosystem and the implementation of safe decentralized operations.
Building a new attitude to the functioning of the future blockchain-platform promoting a deep development of the detachment and disclosing future economic efficiency.
The project promises to be easily scalable, flexible and easy to use. What will this project be used for? It is made for operations and transactions.
It will be a good for communication.
There will be different applications.
It will be services for electronic government systems (at the beginning it will be financial and medical directions). The coverage promises be socially.
Roadmap.
In the second half of this year, it is scheduled to run test net. And at the end of the year it is planned to launch the main working version. This indicates a serious approach to the company and the immediate implementation of developments.
The team.
The project has a serious team, consisting of professors and really versed blockchain specialists. Technical advisors are also scientific specialists and professors. Well, if you look at the "Partners" section of the project site, you will see the Oxford University, Stanford, UCLA (California) and the University of Edinburgh.
My opinion of that:
I like this project because if he succeeds in realizing all the ideas he has conceived, all the other blockchain platforms will simply not be able to compete with it. Project goals pursue deserve a respect, inspire confidence, give us ability to be a part of the Seele community.
