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Description
Introducing a novel platform for blockchain and smart transactions that prioritizes user-friendliness, efficiency, and security. Our vision is that using cryptocurrency should surpass the simplicity of cash, be more secure against loss, and be nearly impervious to theft. We aim to empower anyone interested in validating transactions to participate in farming without the need for specialized hardware or incurring high energy costs. Developed by Bram Cohen, the creator of BitTorrent, Chia Network offers a blockchain and smart transaction platform that features the first innovative Nakamoto consensus algorithm introduced since Bitcoin’s inception in 2008. This system utilizes Proofs of Space and Time, which are significantly less energy-consuming than traditional "proofs of work." Additionally, Chia introduces Chialisp, a powerful and secure on-chain programming language that enhances the ease of cryptocurrency usage compared to cash. Current smart transaction offerings include features such as Colored coins, rate-limited wallets, and distributed identity solutions, paving the way for a more accessible digital currency experience. The potential applications of this technology are vast, promising to redefine how we interact with digital finance.
Description
Seele operates on the cutting-edge anti-ASIC MPoW algorithm and employs Seele Sharding Technology, enabling a remarkable throughput of 2000 transactions per second on its main-net, serving as an initial benchmark that is designed to scale further as user demand grows. Additionally, Seele fully supports EVM-compatible smart contracts. The MPoW (Matrix-Proof-of-Work) consensus mechanism, a pioneering innovation by SeeleTech, is integrated into the Seele main-net. Unlike traditional PoW systems, MPoW requires miners to calculate the determinants of sub-matrices derived from a matrix formed by n hashes, rather than relying solely on brute-force hashing to achieve the target. This multi-step process efficiently mitigates the risk of ASIC and GPU domination, ensuring a more equitable mining environment. As such, the design of Seele not only enhances performance but also promotes decentralization within its network.
API Access
Has API
API Access
Has API
Integrations
Netdata
Ozone Wallet
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Chia Network
Founded
2017
Country
United States
Website
www.chia.net
Vendor Details
Company Name
Seele
Website
seele.pro/