Seele ICO

In recent times, I am very interested in projects involving Blockchain or Blockchain enhancements, especially ICO's or Blockchain's own crypto coin. After Blockchain 1.0, Blockchain 2.0 and 3.0 came out with great success and breakthroughs. ICO EOS on behalf of Blockchain 3.0 is now # 9 on the Coinmarketcap charts and has had dozens of assets for digital money investors. Following Blockchain 3.0, I will introduce you to an ICO that is the origin of the Blockchain 4.0 platform and is probably the most potential project in the first months of 2018.

Seele is a potential competitor in the highly successful internet blockchains ecosystem, along with projects such as Icon, EOS, WanChain, and Cardano, and many others are in the pipeline. pre-ICO or personal ICO projects. These projects have the common goal of establishing a highly interactive and interlocking blockchain ecosystem based on the economic and social framework that allows current financial, legal and political systems. Applicable to blockchain. Like many competitors, Seele is a complex and ambitious project, and it is difficult to pin down the value proposition of the network that these projects offer.

What are the main problems that blockchains encounter?

At present, all blockchain architectures suffer from scalability issues similar to original blockchain technologies, such as Bitcoin. With standard consensus protocols such as PoW or PoS, there is a direct balance between throughput / transaction costs, network security and node hierarchy. Simply put, Blockchains can not extend transactional throughput without sacrificing promising security features and features.

What are the characteristics of the Seele?

They lead to a completely new technology platform. For someone who has a basic understanding of blockchain technology like me, it's pretty hard to understand the technology they're offering. I will list those technologies below.

• Neural Consensus Algorithm is a consensus algorithm that replaces existing algorithms (PoS, PoW, DPoS, Hashgraph and Algorand). In the whitepaper, they describe the nature of the algorithm and the advantages of this algorithm over the rest: the algorithm adopts the best of the remaining algorithms. As far as I understand, this algorithm is based on asynchronous computing, up to 50% of computers can operate outside the blockchain. It seems this is their exclusive development. Algorithms have the ability to extend linearly to the size of the node: the larger the node size, the higher the performance and the faster the speed. Thus, speed is not as important as the capacity of the node.
• The Heterogeneous Forest Network is comparable to existing blockchain or blockchain structures. Their blockchain and a complex multi-level structure and interconnected parts, however, each section has a separate function. This reinforces the belief that each such structure can meet the needs of the real world and can fully support multi-level business processes.

So we can see the nature and the constant change of technology:

Seele tries to solve the hypotheses of speed, scalability, and security with a new approach to network consensus called the "neural consensus algorithm." Neural consolidation enhances transaction scalability, while maintaining hierarchical nodes. In this algorithm, transaction scalability increases linearly with the number of nodes in the network, as opposed to existing networks, which often perform less efficiently as nodes grow. This feature is achieved by reducing the number of nodes needed to ensure that a transaction is valid through the consensus protocol. Further technical information on the consensus algorithm can be found on page 6 of the White Paper of the Seele project.
Let's see some of Seele's competitors to see how their consensus algorithms are different and the same.

As we can see, all existing systems that provide significant throughput are hampered by centralized control of the system nodes and vice versa. scalability of centralized networks. With Seele, Seele would increase the number of nodes on the network and allow the expansion of the linear transaction scale, allowing it to maintain the three main functions of a valuable hierarchy. Security, scalability, and speed.
There is intense competition in interactive ecosystems and the application of "blockchain networks," and the large number of separate approaches means there will be many successful projects, but the problem Networks are still competing - not just one. The major advantage of Seele is that the larger the network, the greater its scalability and security. This new approach to addressing consensus and scalability has made Seele a potentially successful project in the future.

DEVELOPMENT PROJECT

The roadmap of the project is set and completed in 2018, but we must keep an eye on whether the project actually completes the roadmap.

• Q1 / 2018: Verification of feasibility.
• Q2 / 2018: Complete the test net.
• Q3 / 2018: Check core functionality and optimize performance.
• Q4 / 2018: Main net release.
• Q1 / 2019: Build application support tools.
  
  

TEAM DEVELOPMENT & PARTNERS

Personal assessment. I will talk about the weakness first

Limit:

They announced a huge project and everyone would have to ask, "Is this project feasible?"
Missing link information on the site. It looks like they are new to the public project around the 20th of January.
A large part of the team, technical and market advisers have almost only the name and the picture because I did not find any information at all. But who is this person? They insist that their projects surpass all existing projects, demonstrating that they inherit all the best from today's technologies, and even better. I think we should not assume that our innovations are better than the actual product.

Red flags: linkedln of the team is not detailed, whitelist on google drive, admin pretends to fool investors on the Telegram.

Advantages:

If this project is technically feasible and complete, this will be one of the biggest projects I've ever known- because it's not just a basic blockchain, but everything is based on blockchain: the Internet. , business, data, information, economics.
The team consists of several members, including professors, DScs, patents, vast experience, top universities in the world.
Even if you are not a technical expert, they can also explain the limitations of blockchain and offer solutions.

More information:

Official Email Address: contact@seele.pro/ kyc@seele.pro
Official Website: https://seele.pro
Official Facebook Page: https://www.facebook.com/seeletech
Official Telegram Group: https://t.me/seeletech
Official Twitter: https://twitter.com/SeeleTech
Official GitHub: https://github.com/seeleteam

==========================================

Author: Khuongcute2503
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2080664