Sei Network: Revolutionizing Blockchain with Unprecedented Speed

kriptosmile

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15 Mar 2024

About Sei Network

Sei is a private Layer 1 blockchain made specifically for trading, boasting incredible speed of 300 milliseconds.

The Twin Turbo Consensus mechanism makes Sei the fastest blockchain network with an 83% throughput improvement.

What Sei Offers

Sei is the fastest chain to the final result, with a lower bound of 300 ms.
Twin turbo achieves consensus - industry leading performance.
It is one of the only chains that can perform market-based parallelization.
It is a local matching engine that change teams can benefit from.
Pioneering protection – combats malicious frontrunning that is common in other ecosystems.

The Sei network uses Cosmos for its benefits like customization and modularity. Sei can create unique order ledger applications and cater to specific user needs with customizable blockchain flow. Cosmos SDK allows smooth integration for improved teamwork.

Sei can leverage the modularity of the Cosmos SDK to update or replace any layer of the stack, allowing for flexibility, interoperability, and a more adaptable blockchain solution.

How does it work?

Sei is a Layer-1 blockchain made for DeFi, using Cosmos SDK, with an order ledger and Tendermint Core for consensus. Order books enhance market transparency in exchanges.
Unlike the automated market makers that form the basis of current DeFi applications, Sei uses on-chain order books to match buy orders and sell orders at specific prices. This enables the development of DeFi applications that can use Sei's built-in centralized limit order book (CLOB) to access its deep liquidity.

Ecosystem

Sei Network is an L1 blockchain with integrated order book that makes it easy for smart contracts to access pooled liquidity. Since Ethereum and Cosmos applications are compatible with EVM and Cosmwasm, they can run on the Sei Network. The Sei Network is the hub of the ecosystem, providing partners with unique features and user interfaces, as well as greater stability and lightning-fast transaction rates.

Anyone can create a DeFi app by using Sei's liquidity and ecosystem benefits. Sei already expanded its ecosystem with 100+ dApps.

Asset Management: Apollo DAO, MC2 Fi;
Bridging: Axelar Network, Celer, Gravity Bridge, Multichain;
CEX: Lit, MEXC Global;
Community: Trust;
DEX: Copycat Finance, Crescent, Cypher Protocol, Future Proof, Kryptonite, Leonicorn, Pharaon, Satori, Senate DAO, Synthr, Vortex;
Explorer: Commonwealth, Mintscan;
Game: Entice Coin, Gelotto;
Incubator: AlphaVentureDAO, Graviton;
Infrastructure: Andromeda, Babylon, Convergence, Kado, Cargo, KYVE, Mava, Nitro, Paddle, Transak, White Whale;
Launchpad: Eclipse Pad;
MEV: Skip;
NFTs: Entice Coin;
Onramp: Transak, Utorg;
Oracle: Band Protocol;
Stablecoin: UXD;
Structured Products: DefFund;
Wallet: Coin98, Cosmostation, Falcon Wallet, Frontier, Keplr, Leap Wallet, Terra Station.