Seele : Blockchain 4.0 unrevealed

As the most ‘destructive’ blockchain ecosystem, Seele extends and improves the application and efficiency of the existing blockchain technology. Based on the foundation of blockchain 1.0, such as Bitcoin; blockchain 2.0, such as Ethereum and blockchain 3.0, such as EOS, Dfinity and Cosmos, Seele is aiming to real industrial applications.

Some of the innovative things done by Seele:

Seele is powered by an up-scalable neural consensus protocol for high throughput concurrency among large scale heterogeneous nodes and is able to form a unique heterogeneous forest multi-chain ecosystem.
Seems pretty complex let us dissect this for you:

Neural Consensus algorithm

Why- what is the need? existing public blockchains all have the same problem, the more nodes the slower the consensus and hence is bottleneck for large scale collaboration

What seele has done: Preliminary results suggested that, in a network with 100k nodes, the transaction speed is estimated to reach 100k TPS and the confirmation delay in seconds.

Heterogeneous Forest Network(HFN)

Why? The new internet of value is composed of heterogeneous blockchains from all over the world. Each blockchain and subnet provide same or different business and services. Therefore, providing the cross-chain access ability for heterogeneous blocks is essential to the stability of the network operation and value transmission

What seele has done? In a HFN, each chain only provides smallest amount of services that is relevant to the business logic involved, and each cohesive services only run in separate chains. The advantage of this design not only ensure security isolation and resource optimization but also provide cross-chain access ability to allow value transmission between heterogeneous chains.

As you can see, Seele is ahead of the game and is looking to deliver some real innovation to the blockchain in 2018. Seele currently has partnerships with Stanford, UCLA, Oxford and IBM Watson among others to work on a cooperative study on data interaction on/off chain. They are working on their test network in 2018 Q2, and expect to launch the main network in 2018 Q4.

Whitepaper：https://s3.ap-northeast-2.amazonaws.com/wp.s3.seele.pro/Seele_tech_whitepaper_EN_v1.6.pdf

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