What is Seele?
Seele utilizes an advanced anti-ASIC MPoW algorithm and incorporates Seele Sharding Technology, which allows its main-net to achieve an impressive throughput of 2000 transactions per second, serving as an initial standard with the potential to expand as user demand increases. Furthermore, Seele provides complete compatibility with EVM-based smart contracts. The unique MPoW (Matrix-Proof-of-Work) consensus mechanism, an innovative creation from SeeleTech, is embedded in the Seele main-net. In contrast to conventional PoW systems, MPoW compels miners to compute the determinants of sub-matrices derived from a matrix constructed from n hashes, moving beyond the reliance on straightforward brute-force hashing to meet targets. This intricate multi-step approach effectively reduces the chances of ASIC and GPU monopolization, fostering a more balanced mining atmosphere. Consequently, the architecture of Seele not only boosts its operational efficiency but also reinforces the decentralization of its overall network, thereby ensuring a fairer participation from all miners involved.
Integrations
No integrations listed.
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Company Facts
Company Name:
Seele
Company Website:
seele.pro/
Product Details
Deployment
SaaS
Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English