Monthly Report: August 2018

SeeleTech
SeeleTech
Sep 4, 2018 · 3 min read

August is a time of joy and growth for Seele. After one month of unremitting endeavor, Seele team has made enormous progress. Code has been updated continuously, laying a solid foundation for the launch of mainnet as scheduled. Besides, ecological construction has always been a major concern of Seele. More international communities were explored and established to deliver the value to investors. Also, great breakthroughs have been made in industrial applications. We would like to thanks everyone’s unwavering support and strive to advance to achieve our vision of the future.

In terms of technology, Seele has been working hard to promote the technical improvement, and achieved tremendous progress. Cross shard design has been implemented, and debt pool module was added to cross shard transaction, with the function of debt information transfer. We also deployed P2P servers, and optimized client call API and query results.

In parallel, Seele focused on broader technical research for further development. Domain name contract, the first system contract, has been introduced. The heterogeneous and adaptive Seele virtual machines were built, which allowed fast code execution, and supported other virtual machines in different languages. Besides, we did some research on Merkle concurrency and implemented Merkle Proof. Also, we explored and tested the possibilities of QVIC to better adapt and meet the various demands of data transport on the blockchain.

We still pay attention to the maintenance and optimization of the testnet. we added data statistical analysis function to improve data loading speed. Moreover, further optimization of the testnet front-end page design was implemented. Regarding the cross-chain transaction, we have set up a bitcoin testnet to realize btc-relay, and completed the function point requirements of test network.

Seele always has a grand vision for ecological construction. In the early August, Seele team was invited to participate in the Huobi Carnival in Seoul, South Korea. The Korean community has been established on Kakao talk to deepen Seele’s influence. Moreover, Seele team has started a volunteer project for Spanish and French fans to promote the healthy and rapid development of Seele’s global ecosystem.

In addition, Seele officially got listed on CoinEx, where SEELE/USDT trading pair was available for the first time. Seele also decided to launch the DApp development incentive program and invite DApp developers to build Seele ecosystem.

Seele would successively publish four Yellow Papers in terms of Cryptology, Neural consensus algorithm, sPow and optimized network transmission. On August 10, Seele officially published the full edition of its first cryptology Yellow Paper “Multiple Elliptic Curves Digital Signature Algorithm”. This Yellow Paper optimized the typical multiple signature mechanism, decreased the data transfer volume of multiple elliptic curves digital signature, and provided alternative elliptic curves’ parameters. While Seele’s second Yellow Paper will be published in the beginning of September. It aims to solve a critical problem of minimizing the time between the propagation of a winning block and the beginning of the next round of the competition.

More exciting, new progress has been achieved in the industrial application. The Ministry of Industry and Information Technology of China (MIIT) announced the list of Industrial Internet Support Projects in 2018. Seele has been selected by Beihang project team to satisfy the demands of industries in real world settings. In the medical industry, Seele’s Vertical Solution for Healthcare Industry is going to launch. The medical project of Seele aims to provide a ground-breaking solution for cerebrovascular diseases during the “golden time” of emergency treatment. In other fields, Seele is about to release a series of ecological projects, which cover different fields, such as finance, supply chain, etc.

In summary, all the progress Seele achieved wouldn’t be possible without everyone’s support. We are grateful and want to express our appreciation to all participants and supporters. We will continue to work toward Seele’s goal with your trust and make more strides in the following days.

SeeleTech

Seele is empowered by an up-scalable Neural Consensus protocol for high throughput concurrency among large scale heterogeneous nodes and aims to form a unique heterogeneous forest multi-chain ecosystem.

SeeleTech

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SeeleTech

Blockchain 4.0 - Seele is a blockchain ecosystem project developing a multi-chain heterogeneous forest network. Check out our official website at seele.pro

SeeleTech

SeeleTech

Seele is empowered by an up-scalable Neural Consensus protocol for high throughput concurrency among large scale heterogeneous nodes and aims to form a unique heterogeneous forest multi-chain ecosystem.

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