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Sei Labs, the primary contributor to the layer 1 blockchain Sei, has unveiled the Sei Giga whitepaper, which introduces the industry’s first multi-proposer Ethereum Virtual Machine (EVM) layer 1 blockchain. This innovative development aims to redefine blockchain performance and scalability.

What is Sei Giga?

Sei Giga represents a significant advancement for the Sei blockchain network, marking its transition toward becoming the first multi-proposer EVM layer 1 blockchain. The upgrade leverages a unique design of parallel blocks powered by the Autobahn consensus protocol. This architecture addresses critical challenges such as data availability, execution, and storage bottlenecks, ensuring enhanced scalability and performance.

Key Features of Sei Giga

  • 5 Gigagas Throughput: High-capacity processing for complex transactions.
  • 200,000 Transactions Per Second: Unmatched transaction speed.
  • Sub-400 Millisecond Finality: Rapid confirmation times for seamless user experiences.
  • EVM Compatibility: Full support for Ethereum smart contracts, enabling smooth integration with existing Ethereum-based applications.

Sei Giga delivers over 50x throughput, 70x faster block production, and 40x improved execution efficiency compared to previous iterations. These advancements make it an ideal choice for decentralized exchanges (DEXs), trading platforms, and other high-throughput applications.

Sei Giga: Aiming for Real-World Blockchain Performance

According to Jay Jog, co-founder of Sei Labs, “

Sei Giga is not just another EVM chain — it’s a reimagining of what’s possible for blockchain performance. By moving towards multi-proposer consensus and rebuilding the execution environment from the ground up, we’re unlocking the scale and speed required for real-world, high-throughput applications — all while maintaining trust guarantees and ease of use of Ethereum.

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Strong Backing and Ecosystem Growth

The Sei blockchain has garnered significant attention from investors, securing over $30 million in funding from leading venture capital firms such as Jump Crypto, Multicoin Capital, and Coinbase Ventures. This financial support underscores confidence in Sei’s vision and technology.

Sei has also seen remarkable growth in its user base and activity. Analytics firm Nansen reported a 44% jump in active addresses within 24 hours, reaching over 457,000 addresses. Daily transactions surged by 43%, surpassing 1.03 million. The primary driver behind this growth is gaming, which dominates as the top sector on the Sei network.

Top Gaming Projects on Sei

  • Nika Labs: 323,000 users
  • EUFTonSEI: 111,000 users
  • Dragon Slither: 28,800 users

Why Sei Giga Matters for Ethereum and Blockchain Developers

Sei Giga’s EVM compatibility ensures seamless integration with Ethereum-based applications, making it a valuable addition to the blockchain ecosystem. Developers can deploy Ethereum smart contracts on Sei Giga without additional modifications, enabling faster adoption and innovation. Moreover, the platform’s enhanced speed and scalability open new possibilities for decentralized applications (dApps) requiring high throughput and low latency.

Looking Ahead

With the release of the Sei Giga whitepaper, Sei continues to position itself as a leader in blockchain innovation. Its multi-proposer consensus model, combined with cutting-edge technology, sets a new benchmark for performance and scalability in the industry. As the Sei ecosystem grows, it’s poised to attract more developers, projects, and users looking for a robust and efficient blockchain solution.

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