SEELE: introduces a consensus algorithm feature

in seele •  6 years ago  (edited)

seele hestro.jpg

The advent of the fast-evolving crypto economy has seen to a number of problems arising from it and Seele as a heterogeneous forest network, seeks to address those problems. Let’s take a look at what the concept is all about.

Seele is a German name for ‘soul' which not only refers to the human soul but the core of a person’s ideas and actions.

Seele is a heterogeneous blockchain network that seeks to solve problems that emanated from the development of the blockchain technology and its applications. Problems like; inability to scale for large-scale performance, inability to support different business scenarios and exchange information and assets across different blockchain networks etc.

Seele was ‘born' to solve these problems with its mission to innovate the new era of value internet through consensus algorithms, ecological topologies etc.

Every successful company or organization set certain standards that would help it in giving it’s best to the public and these standards are measured in their missions and goals. Let’s take a look at that of Seele.

MISSIONS AND GOALS
Selee has a number of missions and goals to reach and some of them are:
To promote standards and collaboration of heterogeneous networks.

To ensure smooth and safe circulation of resources.

To build networks and eco-preach the value of internet infrastructure.

To encourage community contributions, share and create an ecosystem using the token economy.

Now, this platform has a number of principles guiding the attainment or actualization of these missions and goals and some of them are:
To meet requirements in fundamental protocols and standards, functional framework and upper-level applications.

To ensure efficiency, dynamic expansion and avoid multi service interference etc.

Seele as a heterogeneous forest network
The heterogeneous forest network can be seen as a tree chain with subnets called the ‘meta chain' which provides global configuration and apportioning of service. The tree is a chain of business forms divided according to business scenarios, isolation mechanisms and performance cost; to achieve effective security isolation, realize the maximum value of the efficient use of computing and resources, and cross chain agreements between different chains for value exchange. As mentioned earlier in the missions and goals, these are what Selee actualizes.
seeleee.png

Seele's Propositions
Seele’s proposition of a heterogeneous forest network is to promote the integration of value internet services with a traditional internet business.
Seele proposes a novel neural consensus algorithm to significantly improve the fault tolerance while maintaining the performance. Other Propositions are made to gather a wide variety of application scenarios; realize the naming, discovery and addressing service of value internet assets and entities.

BENEFITS
Sesle promises a quick value internet connection which even has technical merits like a straight safety of data from source to destination, load balancing to improve robustness, high tolerance for packet loss etc
Seele's consensus algorithm has a good feature that promises high consensus efficiency and shorter transaction confirmation time as long as there is more involvement of nodes.
A token mechanism that will reward participated nodes and charge transaction fees which are mainly used to prepare against Sybil attacks.
An incentive system that will allocate and ensure maximum utilization of resources to maximize profits.

A governance system for token holders to delegate power to the block builder. The block builders are given limited and supervised privileges to freeze accounts, make updates and make changes to the underlying protocol. The consensus algorithm selects the fastest responding nodes and makes them token holders.
seele inno.jpg

Seele introduces a consensus algorithm feature, ‘linear scalability’, which means ‘the larger the node size, the faster convergence and better performance “. Due to the fact that its data enjoys independence, Seele is applicable to finance, government and traceability. The consensus process also helps the user to calculate whether his nodes were selected or not and gives his feedback through his private key, using a non-interactive random selection to ensure security.
With all these benefits, it would not be an exaggeration to say that Seele is all about innovation, development, and cooperation that would be victorious for the network and the user.

More details visit the following links below:

Website: https://seele.pro/#/index

White paper: https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v2.0.pdf

Tweeter: https://twitter.com/SeeleTech

Facebook: https://www.facebook.com/seeletech

Telegram: https://t.me/seeletech

Medium: https://medium.com/seeletech

Author's Email: [email protected]

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