Teepheh: SEELE: NEW ERA OF VALUE INTERNET UPON US

IT is no longer alien to us about cryptocurrency and how fast it is rising, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. Since the arrival of blockchain , so many things changed, for better, i say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in new projects. Luckily, we have the Internet which is an enormous base of information where we can do variety of things. Internet has connected the entire world. Introducing one of these projects here;SEELE.

In the world today, issues such as the inability to support diverse business scenarios, the lack of ability to scale for large-scale performance, also the inability to exchange information and share assets across different blockchain networks are becoming more prominent. In attempt to eradicate these problems, SEELE try to solve these problems from several core issues in the blockchain by going way back to the core value of the blockchain(consensus algorithms, ecological topologies, Value Internet protocols, underlying network protocols, collaborative convergence computing and application ecosystem, etc.), to improve the vast application of Value Internet and blockchain.

SEELE combines the merits and demerits of current mainstream consensus algorithms, therefore putting forth a new ε-differential agreement (EDA) based on “micro-real numbers”, which then transform the consensus problem into an non-synchronous request processing and sorting of data in large-scale environment, also having a very strong robustness for the whole connectivity of the network, for non-fully connected networks, and even each network connection is less than half the proportion the system can operate normally. Some of the project benefits are:

Consensus process changed from discrete voting to continuous voting
Energy saving
Efficiency parameters can be adjusted for different environment
Low transmission overhead
Compatibility with a variety of network structures
Adjustable parameters

RESULTS OF EXPERIMENT

Seele refers pBFT algorithm,by using 2K Amazon EMC cloud nodes, the algorithm convergence range control parameter ε<0.001%. experimental results shows that with define sample(S) not less than 20% for the system, that failure of the node does not exceed 40%, and are able to achieve the overall system convergence. If the value of define sample(S)is high, the fewer number of convergences are required, the better it is. The results are:

Influence of Node Failure on Consensus Process
Overall coverage of multiple sampling
Number of communications for sampling
Fault tolerance
Scalability

HETEROGENEOUS FOREST NETWORK

It is difficult for a single-chain structure to perfectly support multiple heterogeneous services,because the heterogeneous forest network consists of different subnets, in which each can be seen as a hierarchical partition tree, the top of the tree chain is a global service chain, called “Meta chain”, which provides global configuration and scheduling service. From top to bottom, it is a chain of various business forms. It is divided according to business scenarios, isolation mechanisms, and performance costs. The upper layer provides addressing and scheduling services to the lower layers. Each layer can be set independent governance mechanisms, such as access rights, flow control, security mechanisms, each layer formed a plurality of independent small ecology. each chain only serves the services of the smallest set of functions, and each of the cohesive services runs on a separate chain. HETEROGENEOUS FOREST NETWORK are into 3;

Single Blockchain Structure
Multiple Blockchain Structure
Forest Blockchain Structure

VALUE TRANSPORT PROTOCOL

Seele proposes the Value Transport Protocol (VTP) based on the heterogeneous forest network architecture, so as to solve the pain point that the value transmission between the blockchain networks cannot be effectively carried out. The agreement covers the uniform identification of the assets on the chain and the routing strategy for asset discovery. It is a full set of transport protocol for the blockchain value network.

ECOLOGY

To get an improvement, a public blockchain needs to bring developers to invest in the platform’s ecological construction and application development by excellent underlying technologies and a good environment for developers, and also to improve the development of the community. So some of the industrial application ecology are; Social platform, Games on blockchains, Internet of Things, Other enterprise applications.

TOKEN

The token will be mainly used in two aspects: the first is to reward participated nodes with tokens, which is also a way of final currency issuance; the second is to charge transaction fees. Seele need to prepare for Sybil attacks by charging fees, because the bandwidth and computing resources will be consumed during the transaction. The charged fees will be used to reward consensus nodes. Giving that, it shall be encouraged that more nodes join in the network to improve network performance and its security.

For more information, kindly visit:

Website: https://seele.pro/

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

Twitter: https://twitter.com/SeeleTech

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

Telegram: https://t.me/seeletech

Telegram Asia: https://t.me/SeeleCN

Announcement channel: https://t.me/SeeleAnn

Instagram: https://www.instagram.com/seeletech/

GitHub: https://github.com/seeleteam

Reddit: https://www.reddit.com/r/SeeleOfficial/