SEI to 10XWhat Is The Sei Network?
Sei is an innovative open-source Layer 1 blockchain designed to enhance the trading experience of digital assets.
Renowned for its remarkable speed, the Sei Network stands out as one of the fastest blockchains available, capable of executing an astonishing 12,500 transactions per second with a block finality time of just 380 milliseconds. This incredible efficiency positions Sei as an ideal platform for developing decentralized exchanges, gaming finance (GameFi) applications, and NFT marketplaces.
Built on the Cosmos SDK framework, Sei enjoys interoperability with the Inter-Blockchain Communication Protocol (IBC). This allows SEI to effortlessly transfer data and tokens across various IBC networks while maintaining its distinct foundational architecture.
KEY INSIGHTS:
— The Sei Network operates as a Layer 1 blockchain within the Cosmos ecosystem, focusing on providing robust trading infrastructure tailored for decentralized exchanges and marketplaces.
— With its innovative twin-turbo consensus mechanism, Sei enhances blockchain performance and achieves block finality in just 380 milliseconds.
— Additionally, the network features an integrated order book and matching engine, empowering developers to build scalable, efficient, and user-centric decentralized exchanges.
