Friends, in this article I will tell you about the project Sei, its goals and benefits. For me personally, I concluded that the project is very promising it has a great future.
SEI is a Layer 1 blockchain based Cosmos SDK and Tendermint Core specialized for trading to give exchanges an unfair advantage . SEI can also help other DeFi projects to develop because of its high technologies. I would like to point out that at the moment Sei is the fastest chain in existence, ideally suited for DeFi. Some of the main criteria for the project are: Safety and reliability. And, of course, the highest throughput.
SEI has a built -in module of the central book of limit orders (CLOB). Since the main problem of DEXs is low liquidity Sei solves this problem with CLOB. Decentralized SEI-based applications can be built on top of Clob, and other Cosmos-based blockchains can use Clob SEI as a common liquidity center and build markets for any asset. This way Sei will build a better infrastructure for DEXs.
To summarize, I want to note that Sei has such important advantages as:
-Highest Speed. Sei is the fastest chain-600 ms (several times faster than Aptos).
-Availability of own native order matching engine: scalability of DEX order book built on Sei blockchain.
-Twin-Turbo Consensus: intelligent block propagation.
-Frontrunning protection — combats malicious frontrunning that is rampant in other ecosystems.
And it solves such important problems of decentralized exchanges as:
-Low speed of existing chains
-Unscalable
-Congested
Thank you for your attention, friends! You can learn more about Sei by following these links:
Website: https://www.seinetwork.io/
Twitter: https://twitter.com/seinetwork
Discord: https://discord.gg/sei
Telegram: https://t.me/seinetwork
Medium: https://medium.com/@seinetwork
GitHub: https://github.com/sei-protocol