- #Sei Labs, the team behind Sei #blockchain , has launched the network's mainnet beta.
- The blockchain is designed for seamless #trading and efficient #exchange of digital assets.
- Sei aims to optimize asset exchange, considering it the fundamental use case of blockchains.
- Sei claims to have a fast chain finality, processing up to 20,000 transactions in under 500 milliseconds.
- Sei's consensus mechanism uses "single slot finality," which requires fewer blocks to reach consensus.
- The #network was initially built with the Cosmos SDK but has been rebuilt extensively.
- The mainnet launch will feature 30 to 40 validators, most of which are independent to reduce vulnerability.
- Over 250 teams plan to deploy on the mainnet, with around 20 ready from the start.
- SushiSwap will deploy on Sei, a unique instance as they create new contracts for this network.
- Jeff Feng, co-founder of Sei Labs, highlights the benefits and improvements of Sei's design.
