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            <title><![CDATA[Developers prefer fast and optimized Sei, let's find out why?]]></title>
            <link>https://paragraph.com/@wasabireal/developers-prefer-fast-and-optimized-sei-let-s-find-out-why</link>
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            <pubDate>Thu, 18 May 2023 21:03:20 GMT</pubDate>
            <description><![CDATA[What is the peculiarity of Sei and for what purposes it is used? Exchanges play a pivotal role as the most influential application within the cryptocurrency ecosystem, spanning across sectors such as decentralized finance (DeFi), GameFi, and non-fungible tokens (NFTs). The majority, if not all, of the trading volume in these sectors ultimately flows back to exchanges. The orderbook model remains dominant in large centralized exchanges, both in traditional finance and the crypto sphere, as it ...]]></description>
            <content:encoded><![CDATA[<h3 id="h-" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"></h3><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/bd60145e39de18f91cb7d7f02e44999737194082bc50c544d4e2c2ce51d7a94a.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><h2 id="h-what-is-the-peculiarity-of-sei-and-for-what-purposes-it-is-used" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">What is the peculiarity of Sei and for what purposes it is used?</h2><p>     Exchanges play a pivotal role as the most influential application within the cryptocurrency ecosystem, spanning across sectors such as decentralized finance (DeFi), GameFi, and non-fungible tokens (NFTs). The majority, if not all, of the trading volume in these sectors ultimately flows back to exchanges. The orderbook model remains dominant in large centralized exchanges, both in traditional finance and the crypto sphere, as it has proven to be reliable, fast, and capital-efficient. However, transitioning an orderbook to an on-chain solution poses immense challenges.      Development teams face obstacles such as high transaction costs, slow trade execution, and inaccurate pricing, among others. To date, only a limited number of on-chain orderbook implementations have been successful. Each implementation involves making tradeoffs in terms of speed, efficiency, and reliability, striking a balance to overcome these challenges.</p><h2 id="h-how-to-achieve-such-a-high-speed" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">How to achieve such a high speed?</h2><p>     Sei boasts the industry&apos;s quickest time to finality, with a minimum threshold of 300 milliseconds, and it incorporates built-in parallelization. This exceptional infrastructure makes it exceptionally well-suited for trading operations. Through the utilization of two groundbreaking advancements in consensus research, Sei implements the <strong>Twin-Turbo consensus</strong>, surpassing the performance levels of any other Layer 1 blockchain.      Additionally, Sei offers inherent features such as a matching engine and front-running prevention, granting trading applications inherent advantages right from the start. Furthermore, Sei&apos;s automatic order bundling capability enhances application throughput and significantly improves the user experience for all trading apps built upon the Sei blockchain.</p><h2 id="h-in-conclusion-we-will-consider-the-technical-advantages-of-sei" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">In conclusion, we will consider the technical advantages of Sei.</h2><ol><li><p>Sei is the fastest chain to finality - point blank - with a lower bound of 300ms.</p></li><li><p>One of the only chains to conduct parallelization.</p></li><li><p>Redistribution of MEV for additional value accrual.</p></li><li><p>Built-in order matching engine that trading apps can leverage.</p></li><li><p>Built-in front-running prevention to fight negative MEV.</p></li><li><p>Automatic order bundling improves the user experience for everyone.</p></li></ol><blockquote><p><em>I wish everyone a good mood and a peaceful sky above your head! Slava to Ukraine!</em></p></blockquote>]]></content:encoded>
            <author>wasabireal@newsletter.paragraph.com (wasabireal)</author>
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            <title><![CDATA[WasabiReal created first mirror topic! Exclusive]]></title>
            <link>https://paragraph.com/@wasabireal/wasabireal-created-first-mirror-topic-exclusive</link>
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            <pubDate>Tue, 14 Mar 2023 16:27:11 GMT</pubDate>
            <description><![CDATA[A 22-year-old boy with nickname wasabiReal from Ukraine has always been interested in the world of cryptocurrency and blockchain technology. He spent countless hours researching and learning about various blockchain projects and their potential applications. Recently, he came across a new decentralized publishing platform called mirror.xyz and was intrigued by its innovative approach to content creation and distribution. Excited about the possibilities offered by this new platform, the boy de...]]></description>
            <content:encoded><![CDATA[<p>A 22-year-old boy with nickname wasabiReal from Ukraine has always been interested in the world of cryptocurrency and blockchain technology. He spent countless hours researching and learning about various blockchain projects and their potential applications. Recently, he came across a new decentralized publishing platform called mirror.xyz and was intrigued by its innovative approach to content creation and distribution.</p><p>Excited about the possibilities offered by this new platform, the boy decided to create his first article on mirror.xyz. He spent several hours drafting a well-researched and insightful piece on the future of decentralized finance (DeFi) and its potential impact on the traditional financial industry.</p><p>In his article, the boy expressed his belief that projects like mirror.xyz are the future of content creation and distribution on the web. He noted that traditional centralized platforms are rife with censorship, biased algorithms, and lack of transparency, while decentralized platforms like mirror.xyz offer a transparent, censorship-resistant, and community-driven alternative.</p><p>The boy was particularly impressed by the platform&apos;s built-in tokenomics and the ability for content creators to monetize their work directly through the use of cryptocurrency. He believed that this innovative approach to content creation and distribution would revolutionize the traditional media industry and empower content creators to take control of their own work.</p><p>In conclusion, the boy saw great potential in mirror.xyz and believed that it would become an indispensable part of the web3 ecosystem. He was excited to continue creating content on the platform and was looking forward to seeing the platform grow and evolve in the coming years.</p>]]></content:encoded>
            <author>wasabireal@newsletter.paragraph.com (wasabireal)</author>
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