After we have gone through such a tremendous bear run year for the world of Crypto Currency and its market sentiments, we have been witness of many CEX and high levelled products/token being demised in front of us. BUT the rise and fall have been the cycle of Crypto journey so far ever since it came into its existence, New currencies always take place of the old currencies and the so with the Blockchains. New product brings rise to the new hope, trust and consistency in the Crypto Market and SEI NETWORK took birth and came to limelight with its Layer-1 Blockchain.
Sei is the first Layer 1 specialized for trading, giving exchanges an unfair advantage.
optimizing every layer of the stack to give exchanges an unfair advantage
backed by Multicoin, Coinbase, Delphi, and a lot of large market makers
there are already 60+ teams building on top from Solana, Polkadot, NEAR, and Terra
By exploring the new design space between app chains and general purpose L1s, Sei has carefully selected a unique set of tradeoffs that make its layer 1 the optimal environment for trading.
Designed from the bottom up to scale, Sei unlocks new possibilities with optimizations including:
Built-in orderbook - solves the age-old orderbook scaling issue
Frontrunning protection - MEV is a major drawback of popular chains like Ethereum and Solana
Finality - Sei is the fastest chain to finality at ~600ms, 5x faster than Solana, Sui, and 2x faster than Aptos.
**Sei goes head to head with Aptos, Sui, Solana, and NEAR for good devs.
Nearly all Layer 1 chains fall into a barbell distribution with many general-purpose chains on one side (Solana, Aptos, Ethereum) and app-specific chains on the other (dYdX, Osmosis). There is a massive design space in the middle of that distribution and that is where Sei explores.
Sei unlocks an entirely new design space in between the two - not the general purpose nor app-specific but DEX-specific.
The biggest two advantages of general purpose chains tend to come from **atomic composability, social coordination. **While The biggest advantage of app-specific chains comes from customizability, native interoperability (Cosmos-sdk)
** Further** Sei has the opportunity to combine all these benefits - composability and coordination from general purpose and customizability and interoperability from more app-specific chains.
Sei is carefully selecting a unique set of tradeoffs to create the best Layer 1 for DEXs.
Sei’s vision: Sei serves as an infrastructure for the future financial system — supporting capital markets, starting with exchanges.
On the part one of this article we have seen the introduction of a New layer-1 Blockchain which is the First Sector Specific Layer 1, specialized for trading. It is going to enter into the hardest part of current crypto Bear market, we can expect having a lots a potential and use-cases specific Blockchain could give some ray of hope into the Trading arena in the contemporary times.
on the 2nd part of this article we will get to know more about what SEI NETWORK has done so far ever since its arrival.
#seilors, #sei, #seinami, #seiyes, #seilorgang, #IBCseilors, #cosmos, #DeFi, #blockchain
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