According to Odaily, Sei has announced the launch of the first parallel Ethereum Virtual Machine (EVM) blockchain. The platform is now open to builders and early adopters, marking the commencement of Phase 2, also known as the Alpha Launch. Validators have upgraded their software to bring Sei V2 into the main network. Existing applications and tokens will continue to operate as before, indicating that developers have entered a new design space.
The Sei community has jointly pioneered the first parallel EVM. The current phase of the launch aims to achieve the following objectives: minimizing risk, setting expectations, and optimizing performance.
Previously, it was reported that Sei would roll out the V2 upgrade in three stages, aiming to implement a new high-performance parallel EVM. The three stages are governance, Alpha release, and V2 readiness stage. This move signifies a significant step in the blockchain technology space, offering a new realm of possibilities for developers and early adopters.