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Sei V2 - Breakthrough upgrade
Sei V2 marks an important step forward in blockchain technology, being the first solution to achieve fully parallel execution of the Ethereum Virtual Machine (EVM). This upgrade gives Sei unprecedented speed and throughput, while maintaining compatibility with existing Ethereum or Ethereum layer 2 applications.
Parallel EVM execution allows developers to use familiar tools like Metamask to interact with Sei, greatly simplifying the process of deploying and operating applications on Sei. Thanks to this, any Ethereum-based application can now easily migrate to Sei, taking advantage of the improved performance that Sei offers.
SEI V2 not only enhances the execution environment but also provides developers with a hyper-optimized execution layer through an advanced dual turbo consensus mechanism and parallelization capabilities. Sei successfully combines the high performance of Solana with the broad toolset and mindset of the Ethereum ecosystem, delivering the best of both worlds for developers and users.
In terms of performance, Sei V2 is expected to process 28,300 transactions per second, with a block time of 390 milliseconds and finality. This acceleration means lower costs per transaction, higher throughput and sustained low latency.
In addition to significant performance improvements, Sei V2 introduces a host of new features and enhancements, including:
Backwards compatibility with EVM smart contracts, allows developers to deploy smart contracts without changing the code.Supports optimistic parallelization, enabling parallel processing of on-chain transactions without the need for developers to specify dependencies.Improvements to the SEIDB storage layer to prevent state bloat and improve performance state read/write capacity.Higher interoperability with other threads, making EVM capable of seamless integration with other execution environments supported by Sei.
This upgrade is expected to be deployed on the mainnet in the first half of 2024. Sei V2 on the public testnet will launch in the first quarter of 2024.
#Write2Earn
Sei V2 marks an important step forward in blockchain technology, being the first solution to achieve fully parallel execution of the Ethereum Virtual Machine (EVM). This upgrade gives Sei unprecedented speed and throughput, while maintaining compatibility with existing Ethereum or Ethereum layer 2 applications.
Parallel EVM execution allows developers to use familiar tools like Metamask to interact with Sei, greatly simplifying the process of deploying and operating applications on Sei. Thanks to this, any Ethereum-based application can now easily migrate to Sei, taking advantage of the improved performance that Sei offers.
SEI V2 not only enhances the execution environment but also provides developers with a hyper-optimized execution layer through an advanced dual turbo consensus mechanism and parallelization capabilities. Sei successfully combines the high performance of Solana with the broad toolset and mindset of the Ethereum ecosystem, delivering the best of both worlds for developers and users.
In terms of performance, Sei V2 is expected to process 28,300 transactions per second, with a block time of 390 milliseconds and finality. This acceleration means lower costs per transaction, higher throughput and sustained low latency.
In addition to significant performance improvements, Sei V2 introduces a host of new features and enhancements, including:
Backwards compatibility with EVM smart contracts, allows developers to deploy smart contracts without changing the code.Supports optimistic parallelization, enabling parallel processing of on-chain transactions without the need for developers to specify dependencies.Improvements to the SEIDB storage layer to prevent state bloat and improve performance state read/write capacity.Higher interoperability with other threads, making EVM capable of seamless integration with other execution environments supported by Sei.
This upgrade is expected to be deployed on the mainnet in the first half of 2024. Sei V2 on the public testnet will launch in the first quarter of 2024.
#Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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