Sei — Let’s deep

Hello everyone! Hope you are doing well.
Today I’m going to deep into powerful and promising layer 1 blockchain — Sei. Let’s start.

What is the Sei?

Sei is the first sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage. The Sei mission is to build the best infrastructure for decentralized finance. As the first sector-specific Layer 1, Sei can carefully select a set of tradeoffs that unlock a new design space for decentralized exchanges. Sei has created a new dex module that allows smart contracts to leverage the underlying order matching engine to easily spin up and customize new markets. Every aspect of the blockchain has been optimized to help exchanges run better and offer the best UX for their end users.

1. Native order matching engine — drives scalability of orderbook DEXs built on Sei
2. Breaking Tendermint — Sei is the fastest chain to finality at ~600ms
3. Twin-turbo consensus — improves latency and throughput
4. Frontrunning protection — combats malicious frontrunning that is rampant in other ecosystems
5. Market-based parallelization — specialized parallelization for DeFi

The combination of these optimizations make it possible for new types of financial products to emerge — everything ranging from live sports betting to complex options and futures.

Why Sei is unique Layer 1?

Sei unlocks an entirely new design space between the two — not general-purpose nor app-specific, but sector-specific, which enables Sei to create an environment custom-built for DEX applications. By exploring the new design space in between app-chains and general purpose Layer 1’s, Sei has carefully selected for a unique set of tradeoffs that make its Layer 1 the optimal environment for DEXs. Designed from bottoms-up to scale with the needs of decentralized exchanges, Sei has made several optimizations to the Layer 1 to give exchanges the unfair advantage:

General purpose advantages:

1. Atomic composability — all apps are built on 1 blockchain so can easily work with each other
2. Social coordination — the ultimate unlock. single core community with a single schelling point

App-specific advantages:

1. Customizability — if you’re building a chain around a single app, you can change things up
2. Native, multi-chain interoperability — the power of IBC

Sei combines the advantages of general purpose Layer 1’s with those of app specific chains.

How does it work?

Designed with developers in mind, Sei serves as the infrastructure and shared liquidity hub for the next generation of DeFi apps. Apps can easily plug-and-play into the Sei order matching engine and access pooled liquidity from other apps. Rather than executing each order one-by-one (as would happen on Ethereum or Solana). Sei can aggregate every order together at the end of the block and execute all market orders at the same price to help prevent frontrunning

• Built into the chain itself for high quality and reliable data feeds
• Collapses that into 1 block for faster order execution.
• To minimize gas costs so market makers and pro traders on apps built on Sei can submit 1 transaction to update multiple markets

Conclusion:

The Sei mission is to build infrastructure for the future financial system to support capital markets, starting with exchanges.

If you are interested in building on Sei:
Email them at team@seinetwork.io

Twitter https://twitter.com/SeiNetwork
Website: https://www.seinetwork.io/
Telegram: https://t.me/seinetwork
GitHub: https://github.com/sei-protocol