$SEI Sei v2 is a significant upgrade to the Sei blockchain, introducing the first fully parallelized Ethereum Virtual Machine (EVM). This enhancement enables the simultaneous execution of multiple independent transactions, substantially improving scalability and performance. 

Key features of Sei v2 include:

• Optimistic Parallelization: Transactions are executed in parallel without requiring developers to define dependencies, streamlining the development process and enhancing efficiency. 

• SeiDB: An optimized storage layer that prevents state bloat, improves read/write performance, and simplifies state synchronization for new nodes. 

• Interoperability: Sei v2 maintains compatibility with existing CosmWasm smart contracts while supporting EVM, allowing seamless interaction between different execution environments. 

These advancements position Sei v2 as a high-performance blockchain platform capable of supporting a wide range of decentralized applications with enhanced speed and efficiency.