Welcome, dear readers, to my blog! For most people now to live, eat, buy food, goods and services need money in both paper and electronic form. We have different methods to earn them, their release is engaged in a certain body in the state and we have a great dependence on them. Back in ancient times, it was just an exchange of items for others without this paper bill. Banknotes have value, it was designated by the government and establishes its own rules of regulation.
That is, people used to decide for themselves what is most valuable without a third governing body, it seems that this time is now back thanks to the blockchain technology, thanks to which we ourselves determine the price of various digital electronic money with a unique cryptographic cipher. Bitcoin has become a good example of how this can be implemented, the number of transactions reached large quantities, which increased the load on the network and this affected its performance.
Then, a powerful virtual machine Ethereum was created, which allowed creating various blockchains on its basis, gave the development of smart contracts that remove the issue of trust between the participants of various processes and guarantees the receipt of goods, money or their return in case of non-compliance with the conditions.
Now these technologies are being developed that ease and reduce the load on these blockchain platforms, but they still can not interact with each other, which would greatly improve both the speed of development and the benefits of these innovations. But the project, which has the name Seele, comes out to the public and undertakes to solve these existing problems with its proposals and improvements, to create a Blockchain 4.0.
It plans to hold the advancement of the industry technology of the blockchain and its revolution by creating a neural algorithm for consensus, which will have sufficient scalability for various operations. This makes it possible for the interaction between different nodes and its high parallelism, which increases the number of circuits and performance.
This will be implemented with the help of the Heterogeneous Forest Network, which gives the platform the ability to form multiple mixed forest networks corresponding to an individual business and it will only work in its chain. Such a scheme provides security, optimizes actions and separates from others, significantly reducing the load on the blockchain system. As a result, a unique multi-blockchain system will be formed, which helps all participants to interact easily.
Such an ecosystem will be able to scale and use innovations in large-scale projects, provide support for different situations and scenarios in business, the ability to exchange data and tools between different block chains. This will help accelerate the development and use of cryptocurrency technologies in many areas of life.
The project offers much more advantages than the already developed blockchain platforms, see for yourself in this picture below. Really important to many businesses, shops, companies could easily without thinking about the kidnapping of their data by third parties could easily share them between each other, to remove the middlemen in the banking and electronic payment systems that inhibit the operation of large commissions, delays, peredacha information to third parties, blocking of accounts, which shall be for a stop of development, disclosure of trade secrets.
The team has big plans and a desire to develop globally, the cryptocurrency, for example, is already trading on the Hadax exchange on two Seele / BTC and Seele / ETH pairs, has a good price, the actual price can be seen here https://coinmarketcap.com/currencies/seele/.
More information you can find on these links:
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I will be glad to such a new level of blockchain! Thanks for the article!
An interesting and detailed review of the project and the sale of tokens is successful
I will include this cryptocurrency in my investment portfolio, it looks solid
Congratulations @aivaryamal!
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Thank you for the information about the new blockchain, I hope the team's efforts will not be in vain and they will be able to realize their goals)
I will definitely buy these tokens, I hope it will fly to the moon! Informative and useful article, thank you!
An ambitious idea and I only wish they successfully create a truly working multifunctional blockchain system!
I will wait for the full functionality and implementation of this blockchain by the team!
Everything is very attractive and improves blockchain development, the team is trying and I think over time will change the current situation with the load of networks and the promotion of digital money