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15 Oct 2024

Sei: The Super EVM

Sei is the first Ethereum Virtual Machine (EVM) based blockchain to implement parallelized transactions. Is this enough of a narrative to make it catch up with the likes of Sui and Aptos?
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TLDR
  • Sei is part of the latest generation of L1s. Sei initially focused on DeFi and trading but has broadened to become a general-purpose blockchain to compete with the likes of Solana, Sui, and Aptos.
  • Sei is the first Ethereum Virtual Machine (EVM) based blockchain to implement parallelized transaction processing, allowing multiple transactions to occur simultaneously, significantly improving speed and scalability.
  • The “Twin Turbo” consensus mechanism improves transaction speed by intelligent transaction ordering and optimistic block processing.
  • Sei has spent the summer building bullish momentum through 3 major catalysts.
  • We consider Sei's place in this latest generation of L1s, and which L1s we favor as Q4 progresses.
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