The crypto space is growing at a steady pace, the time that an average man's knowledge of cryptocurrencies was limited to just bitcoin and its uses is fast fading away. More and more people are now exposed to the advantages of distributed ledger technology and its impact on industries and businesses.
A lot of high-profile experts have shared their views on the matter in the last few months;
Although Bitcoin still remains the biggest player in the space but its important to acknowledge that it's scripting language is obsolete and far behind other alternatives on the market.
In 2015, Vitalik Buterin and his team members released their version of a blockchain; it was an open-source distributed computing platform called Ethereum, and it became the first successful blockchain that featured smart contracts in its scripting language.
At first many people believed Ethereum to be a competitor to Bitcoin; but its main goal was a development tool rather than a payment source, and it's one of the main reasons ICOs are exploding ,because Ethereum provided the freedom for developers to build business applications, with their own currency based on Ethereum's token standard ERC-20.
However the traditional technology is quite insignificant compared to the growing possibilities of blockchain technology.
But there will always be room for improvement in the world of crypto because While Ethereum aimed to improve upon Bitcoins architecture with the implementation of smart contracts, another seeks to make blockchain more advanced and scalable than ever.
INTRODUCING SEELE
The word seele literally means soul in german language, which also means core, this goes to show that seele is the core of an idea in relation to innovating blockchain technology and value based on internet protocol, ecological topologies, collaborative convergence, network protocol and the consensus algorithm. Seele goal is to revolutionize and make blockchain more scalable than ever, the current blockchain experiences certain problems which makes it to perform less effective because it is outdated, innovations have surpassed the original bitcoin blockchain architecture. Many blockchain infrastructure have arise and are term 1.0, 2.0, 3.0, thus trying to provide a better solution to the ineffectiveness and scalability of blockchain, but technology has advanced and the need for a 4.0 that is better, faster, secure and scalable than the rest is needed. SEELE IS that blockchain 4.0 which offers the solution to problems disrupting the current blockchain and wish to do so using advanced neural consensus algorithm that has unique availability, which will be able to form a unique heterogeneous forest multi-chain ecosystem and make it compatible with a variety of network structure.
HETEROGENOUS FOREST NETWORK
The likes of bitcoin, ethereum are all singlechain
structure so the transaction takes place on onechain, however the heterogeneous forest network consists of different subjects, and are all seen as as an hierarchical partition tree, with the top of the chain being a global service chain, called metachain and is responsible for the provision of global configurations and scheduling of services. Seele also propose the use of value transport protocol (VTP) which is also based on the heterogeneous forest architecture.
QUICK VALUE INTERNET CONNECTION
In today's era, internet connection is worldwide so as blockchain nodes, which simply means that it will be fast and reliable to internet connection. Seele will provide a solution because it's value of internet connected to a non transparent proxy server thus rendering it secure, it is encoded so as to prevent any form of loss.
In conclusion , Seele the Blockchain 4.0, not only is it, the architecture of making blockchain more adoptive , but it offers scalability with the implementation of high tech, such as the heterogeneous forest network. I am a strong believer in blockchain in terms of its wider application in industry and businesses and seele is the absolute platform for it. For more information about the project , follow the links below .
Join the Telegram Group: https://t.me/seeletech
Follow on Twitter: https://twitter.com/SeeleTech
Follow on Facebook: https://facebook.com/seeletech
Follow on Medium: https://medium.com/seeletech
Follow on LinkedIn: https://www.linkedin.com/company/seeletech
GitHub: https://github.com/seeleteam
Website: https://seele.pro/
Whitepaper: https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v1.8.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2820292.new#new
I really enjoyed this writeup... Can you follow me back? I have a good proposal for you...
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Nice writeup
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You did justice to this project!
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Hi, i like this article so much, it's amazing i want to share it to my Chinese friends, can i translate it to Chinese? When I publish the Chinese version, i will recommend the original link, please let me know if you agree
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Yeah, you can do that, no strings.
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Great article as usual, shows your in-depth knowledge of seele and your ethusiasm
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Thanks
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The fact that the leaders of seele are so active within the blockchain community shows the dedication they have for the project more over the project itself will transform blockchain architecture
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