Seele Blockchain Network White Paper, Yellow Papers and Technical PapersMarch 7, 2020
The v1.3.1 Go-Seele mainnet Official Executables was released recently. The Seele Weekly Report provides the latest updates in the Seele Ecosystem.
Seele further tweeted: “Go-Seele Release v1.3.0, with consensus algorithm optimization, new API and client update.”
Seele also warns their users that they do not have a presence on Facebook. They have also stated that they are not affiliates nor are they related to any accounts on Facebook, which claim to be Seele or Seele Tech.
Seele Weekly Report
The Seele Weekly report provided updates on Mining algorithm optimization; Added Seele RPC function; P2P nodes synchronization optimization; Mining nodes CPU utilization optimization; Seele JS SDK development; Seele SDK development; Research on Invalid Parameters of UDP Node Connection.
Sydney Ifergan, the Crypto Expert tweeted: “I love that Seele is fully EVM Compatible. They are just new and are already in the top 100 list which is a good thing. However, we need to see if the new sustains usability for users.”
Seele is based on MPoW (Matrix-Proof-of-Work), which is an innovative PoW consensus algorithm, which was developed by SeeleTech. It was implemented on the Seele’s main-net.
When compared to the conventional PoW consensus algorithm, the MPoW requires that the miners compute the determinants of the sub-matrices from the matrix which has been constructed with the n hashes other than with the brute-force-hashing using the hash function to find the target. There are several steps which efficiently prevents the ASIC and GPU from dominating the network.
The MPoW is focused on ensuring safety, compatibility, flexibility, efficiency, and energy savings.
The Seele Block Explorer provide the details of the last block, transactions, accounts and contracts, account balance rankings, miner revenue rankings, and all essentials which a beginner in the ecosystem will be interested to know.