Audience
Companies looking for a Layer 1 Protocol solution
About Seele
Seele is powered by anti-asic MPoW algorithm and Seele Sharding Technology for high throughput concurrency with 2000 TPS in the Seele main-net currently as a starting point and highly scalable as demand increases. Seele is fully EVM smart contract compatible. MPoW (Matrix-Proof-of-Work), an innovative PoW consensus algorithm developed by SeeleTech and implemented in Seele’s main-net. Compared to conventional PoW consensus algorithm, MPoW requires miners to compute the determinants of sub-matrices from a matrix constructed with n hashes other than brute-force-hashing using a hash function to find the target. It consists of several steps which can efficiently prevents ASIC and GPU from dominating the network.
Popular Alternatives
Bitcoin Gold
BTG is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again - restoring decentralization and independence. GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have. Bitcoin Gold is extended by Lighting Network, which scales to route nearly limitless payments per second. This is an example of a "second layer" solution living atop the main blockchain. Second layers and side chains enable technologies like smart contracts which can run at blazing speeds, secured by the underlying BTG mainchain. BTG enhances and extends the crypto space with a blockchain closely compatible with Bitcoin (with SegWit and Lightning Network) but without using resources like Bitcoin hashpower or vying for the "real Bitcoin" title.
Learn more
Concordium
A blockchain that’s compliance ready with today’s and tomorrow’s economies. That enables private and public transactions. That offers high throughput, fast transactions, and predictable fees. That allows businesses, developers, and traders to harness blockchain’s true power and potential. Concordium’s decentralised blockchain technology is the first with layer-one ID built into the protocol. This means it offers forward-thinking businesses, application developers, and cryptocurrency traders unrivalled security, privacy, transparency and most importantly, compliance with regulations, if and when these come through. Utilizing zero-knowledge-proofs (ZKP) allows parties to verify information without exchanging or storing that information on-chain other than hash functions, so users can trust that their confidential business will become no one else’s business.
Learn more
Filecoin
The Filecoin mainnet is here. Join today to make deals, store data, and earn FIL. The Filecoin network achieves staggering economies of scale by allowing anyone to participate as a storage provider and monetize their open hard drive space. The Filecoin network is designed to reward participants at multiple levels — from large scale data centers to local entrepreneurs with mining rigs that cover the last mile. Miners combine disks and other hardware to win storage deals, store data, and earn filecoin. Mining configurations range from desktop computers to large racks with disks and compute. No useless proof-of-work here. Storing more files is directly related to winning more block rewards. The more storage you add, the more filecoin you’ll earn. With the Filecoin retrieval market, miners will be rewarded for delivering content quickly.
Learn more
Aleph Zero
Privacy-enhancing public blockchain with instant finality. Aleph Zero is built for enterprise, Web 3.0, and DeFi use-cases. Aleph Zero is a proof-of-stake public blockchain. We combined an original, aBFT consensus protocol with a customized substrate stack. Currently, we’re working on enhancing the platform with a privacy framework based on Zero-knowledge Proofs (ZKPs) and secure Multi-Party Computation (sMPC) to empower developers with a unique approach to private smart contracts. During a laboratory test, Aleph Zero’s peer-reviewed consensus protocol (AlephBFT) achieved 89,600 tx/s with a 416 ms confirmation time in a decentralized test setting of 112 AWS nodes spread across five continents. Aleph Zero’s real-world performance, especially under heavy l network load, is yet to be determined. The Aleph Zero Consensus Protocol has been officially peer-reviewed and accepted for publication in the conference proceedings of advances in financial technology 2019.
Learn more
Integrations
No integrations listed.
Company Information
Seele
seele.pro/
Videos and Screen Captures
You Might Also Like
Our Free Plans just got better! | Auth0 by Okta
You asked, we delivered! Auth0 is excited to expand our Free and Paid plans to include more options so you can focus on building, deploying, and scaling applications without having to worry about your secuirty. Auth0 now, thank yourself later.
Product Details
Platforms Supported
SaaS
Support
Online