Seele addressing the problems of the Present Blockchain Technology

in #seele6 years ago

The world has always been very open to new innovations that made life more easier, just like the coming of the Internet where it has been widely accepted and is applied in almost all aspect of our lives. Now we have a new innovation and that's the coming of the blockchain technology and its applications. Presently the world is still deliberating and skeptical about it but with time, there is the possibility of it being integrated in almost all aspects of our daily lives.

The emergence of the blockchain technology led to the introduction of cryptocurrency which has the possibility of changing the financial sector and being the accepted form of payment and they include the Bitcoin and Ethereum. This above mentioned cryptocurrencies were the earliest forms that came out and as the blockchain technology was further developed, it was noted that a lot of issues accompanied them and due to this problems it wasn't easy to apply the current blockchain technology at the state it was. These problems included the ineffective nature of applying it on a very large scale, the inability to implement it to support numerous scenarios in business and the problem it has when trying to send and exchange information on the blockchain platform.
This is where Seele comes into play

Seele
Seele is a project that was developed with the aim of tackling most of the issues presented in the current blockchain technology. This project was made to address the problems of the blockchain, the communication protocols, the network infrastructures, consensus algorithms, and the application ecosystem along with the further development of the blockchain and use of Value Added Internet. The main aim of the project was to bring in a new era of the Value Internet.

Seele plans to achieve all this by

  • Introducing a Heterogeneous Forest Network Architecture that will enable its application into numerous types of business scenarios.
  • Introducing a novel neural consensus algorithm called the Byzantine Agreement algorithm.
  • Introducing a Value Transport Protocol and Value HTTP to improve the underlying protocols and Infrastructure of the blockchain ecosystem.
  • Introducing a TCP/UDP based low-latency quick value Internet connection protocol that has the ability to adapt and meet the functionality of the blockchain network and this will better, effective, reliable and faster than the current TCP and UDP being used on the current blockchain network.

In conclusions, what Seele offers to us is very great and very remarkable. This don't just come without hardwork and the effects of a very trusted and very hardworking researchers who gave it their all to make this goals come to reality. With further assessment and review of this project, it's clear that this is a project worth investing into.

For more information on this wonderful project, please visit
Website: https://seele.pro
Twitter: https://twitter.com/SeeleTech
Facebook: https://www.facebook.com/seeletech
Reddit: https://www.reddit.com/r/SeeleOfficial
Instagram: https://www.instagram.com/seeletech
GitHub: https://github.com/seeleteam
Telegram Announcement Channel: https://t.me/SeeleAnn
Telegram Group: https://t.me/seeletech
Telegram Asia: https://t.me/SeeleCN
Published by : Fandicoin
Profile: https://bitcointalk.org/index.php?action=profile;u=2136014

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