With the popularity of crypto, more and more people join the crypto industry. Though many events or conferences are being held all around the world every year, like Hong Kong Web3 Festival 2023, New York Crypto Conference 2023, Crypto Convention 2023, etc. It is difficult to be widely recognized by people due to quite a lot of terminology words and a lack of regulations. 

However, how to solve this problem and how to gain much more trust and enhance brand awareness, is not only just a task for web3 developers but also a goal for web2- traditional network developers.

Someone once pointed out that, the essential way to handle these problems is increasing the speed of transactions （TPS）and the capacity of blockchain. In addition, we need to reduce the transaction fees and then make sure of the security of every transfer. Any blockchain project needs to meet the above three basic conditions simultaneously to rapidly popularize and use. Some call it The Blockchain Impossible Trinity.

That's also a major reason why Layer 2 isn't the right way to solve the ultimate problem. Neither Polygon nor Optimism or Arbitrum, just only solve the transaction fees and the transaction speed problem. 

So if one asks: is there a solution or potential project to overcome this hard work? You may probably say SUI, Aptos, Alec, and any other new blockchain projects. But frankly to say, if you have read the white papers on these projects, you would be aware of it is technically difficult to solve.

Here I recommend a project that I am very optimistic about, it's name is Sei. Sei is the fastest Layer1 (L1) blockchain that is specialized for trading and will bridge the performance gap between centralized and decentralized exchanges.

According to the chart above, we can see that when compared to Bitcoin, Ethereum, and Solana, Sei's various items' advantages are obvious. Transactional Throughput, It should be noted, using different measurement units. 

Transactional Throughput

Bitcoin: 10 tps

Ethereum: 20 tps

Solana:10,000 tps

Sei:20,000 ops

Bitcoin, Ethereum, and Solana are using TPS to measure their Transactional Throughput, and Sei uses OPS to measure. What needs to be clarified here is OPS means Orders Per Second. That's the reason why we say Sei is specialized for trading.

Transactional Finality

Bitcoin: 6 min

Ethereum: 6 min

Solana:2.5 sec

Sei:500 ms

As for other items, you can take a look at the information in the figure above, I won't make a detailed description here. If you believe Sei has the potential to become the next-generation blockchain, you should pay more attention to its development.