Sei Network SEI
What Is Sei Network SEI?
The Sei Network recently launched its layer one blockchain protocol touting the fastest finality of any competitor. More intriguing is all the partners and projects already lined up to participate in the SEI chain.
If the future rhymes and rhythms with the past, we must take this brand-new network seriously as we look ahead to the next cryptocurrency cycle. Let us dig deeper into SEI Network to understand what differentiates it from the pack and how well it is positioned for growth.
How does SEI Network work?
SEI Network operates via a twin-turbo consensus protocol managed by nodes and validators and secured by proof of stake.
According to SEI Network, this allows for the following impressive stats:
- 20,000 orders per second, compared to Solana’s 10,000 TPS.
- 500-millisecond transactional finality compared to Solana’s 2,500-millisecond finality.
- Unique front-running protection not present on Bitcoin, Ethereum, or Solana.
- Faster, parallelized processing, which is only also available on Solana.
This brings us to SEI Networks’ primary focus: to be the fastest trading/transaction blockchain in operation.
Through interoperability, SEI aims to be the de facto trading infrastructure for high throughput defi, gaming, and other transaction-based projects.