SEELE started Trading on HADAX from 29th MAY
So first let us understand what is 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.
Seele is a fourth generation blockchain.
The development of blockchain still has many unsolved problems. For example, security,energy consumption, and transaction speed all can’t be taken into account at the same time. It can’t meet the requirements of large-scale production deployment in terms of performance and doesn’t support the level of service diversification. Seele aims to solve these problems.
Some of the main problem addressed by the project are: inability to scale for large scale performance, the inability
to support diverse business scenarios and the inability to exchange information and share assets across different blockchain networks are becoming more prominent.
Here are the main improvements proposed by the Seele protocol:
1.A novel neural consensus algorithm is proposed to improve the fault tolerance from 33% to 40% without any loss of performance compared with the Byzantine Agreement(BA) algorithm;
2.Proposed Heterogeneous Forest(HF)Network architecture with good scalability for a wide variety of application scenarios, as well as perfect mechanisms resource and security isolation for any generic or customizable demand;
3.Proposed Value Transport Protocol (VTP) and Value HTTP (VHTTP Protocol) to realize the naming, discovery and addressing service of Value Internet assets and entities, and seamlessly integrate and integrate with the Internet resources to build underlying protocols and infrastructure services for blockchain ecosystem;
4.Proposed TCP/UDP-based low-latency Quick Value Internet Connection(QVIC) protocol that can better adapt to and meet the requirements of blockchain network than traditional Internet TCP and UDP protocols used in current blockchain networks.
5.There are several obvious advantages in handling more connections, security, and low latency, especially in the transmission of packets of a specific block size (1M, 2M). Compared with UDP, the transmission efficiency is improved nearly 1 order of magnitude.
6.Evidently, Seele’s proposal is outstanding and impressive. Such conclusions do not come easily and are the result of strong research scientists which are well supported from a developer standing point. After further evaluation we can conclude that the team is first-rate thanks to their extensive experience and relevant PhD experience. In terms of partnerships they include: IBM, Oxford, UCLA. A test network is scheduled for 2018 Q2 and main for Q4.
TEAM
Dr Bi Wei 8 Blockchain patents. He is seems to be real.
Dr Gong Hui Seems real as well.
Both attended the recent Davos conference to promote Seele, which is promising and adds legitimacy to the project.
LISTED ON HADAX
https://www.hadax.com/notice_detail/?id=1665
GITHUB and CODE REVIEW
They have made some good improvements, they are starting to build out the skeleton of their idea
Website: https://seele.pro
GitHub: https://github.com/seeleteam
seele up 200 % from the day of this post !!!