Sei is the first sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage. Sei building on Cosmos.
A team of experienced developers decided to make a breakthrough in the DeFi industry by creating a unique blockchain for DeFi platforms that has no competitors.
Their vision is to achieve maximum throughput (crucial facts in trading) as well as to be a reliable and transparent ecosystem. In just half a year they have partnered with over 50 projects and built a large active community. Testnet is a resounding success and this is just the beginning.
Here are some intermediate results of their work:
Transaction Finality — 600ms
Orders per Second — 22,000
Total Testnet Transactions — 900,000+
Testnet Users — 40,000+
The team introduces quite interesting technologies, such as the Native order matching engine, DeFi-specific parallelization, Twin-Turbo and many others.
I hope we will have a peaceful revolution in DeFi and get really high quality products at top speed!
About Sei
Sei serves as plumbing for the future financial system — infrastructure to support capital markets, starting with exchanges. As the first Layer 1 specialized for trading, Sei is the fastest chain to finality, optimizing every layer of its stack to give exchanges an unfair advantage. Exchanges are the killer app of crypto, but current Layer 1s hold them back. Most L1s fall into two extremes, general purpose and app-specific. Sei unlocks a new design space in between as a sector-specific L1. There are currently 60+ teams from Solana, Polkadot, Terra, and NEAR building on top of Sei going into mainnet launch. Sei is backed by Multicoin, Delphi, Tangent, and several MMs like Hudson River Trading, GSR.
Media Sei-network:
