Introducing the Parallel Stack on Seinetwork.io

Noble
Nswap.com
Published in
3 min readMar 19, 2024

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$6.2M in total NFT traded volume.

Nearly 500,000 new users since January.

Now Sei is evolving beyond Sei v2 with a groundbreaking step:

Introducing the Parallel Stack.

Let’s dive in! 🧵👇

✨ Motivation Behind the Parallel Stack:

• Sei Labs is dedicated to a developer-first approach.

• Acknowledging EVM’s popularity, they aim to overcome its limitations.

  • The goal is to boost creativity and innovation by removing constraints.

🤔 Despite EVM’s dominance, developers face throughput and innovation space challenges.

Sei’s mission?

Expand these boundaries.

The Parallel Stack is the answer to these challenges.

🌐 The Parallel Stack:

• Current EVM blockchains run on a single thread, limiting performance.

@Sei_Labs envisions a future where developers prefer parallel processing.

• The Parallel Stack promises higher performance and scalability.

Img Source:

@CryptoTimes_io

The Parallel Stack isn’t just an idea; it’s a robust, open-source framework for building faster Layer 2s and rollups.

It’s inspired by Sei v2, aiming to tackle Ethereum’s performance bottlenecks.

⭐This innovation could drastically reduce transaction fees.

🌟 Key Benefits:

• Utilizes modern hardware advances for lower fees and a better user experience.

• Offers a rich foundation for Ethereum builders, enhancing customization and security.

• Includes an option to leverage Sei’s validator set for project sequencing.

Sei’s Parallel Stack offers faster transactions and lower fees.

This means:

⚡NFT collections can be minted, bought, and sold more efficiently.

🌎Reduced costs make NFTs more accessible.

🖼️ New creative possibilities for NFT artists and developers.

Here’s why traders should take note:

⚡Speedier trades let you capitalize on market moves instantly.

💰Reduced fees mean more profit and broader access.

💻Scalability ensures smooth trading, even during peak times.

Read more below!

How Sei Became the Fastest Blockchain: Twin Turbo Consensus

https://blog.sei.io/twin-turbo-consensus/

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Noble
Nswap.com

📖Research NFT Analytics Tools, Crypto and the Metaverse. 🪙