What is Sei (SEI)?
Sei is a Layer 1 blockchain designed for the efficient trading of digital assets, operating as an open-source, versatile platform. The native utility token, SEI, serves various purposes, including paying for network fees, staking for providing network security, participating in governance, and acting as collateral for applications on the Sei blockchain.
The protocol's key components ensure high performance and user-friendly experiences. Twin-Turbo Consensus achieves rapid 400ms finality, outpacing other high-performance blockchains like Solana. Intelligent block propagation and optimistic block processing enhance response times. Single-slot finality and parallelization guarantee reorg resistance and lower transaction costs, respectively.
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