| Blockchain Name | Sei Network |
| Blockchain Code | SEI |
| Layer | Layer 1 |
| Consensus Mechanism | Proof of Stake |
| EVM Compatible | No |
| EVM Chain ID | |
| Native Coin Code | SEI |
| Native Coin Name | Sei |
| Project Link | https://www.sei.io/ |
| Whitepaper | https://github.com/sei-protocol/sei-chain/blob/main/whitepaper/Sei_Whitepaper.pdf |
Sei is a specialized Layer 1 blockchain platform optimized for trading and decentralized finance (DeFi) applications. It leverages advanced technology to provide high performance, security, and scalability tailored for financial markets.
Sei utilizes the "Twin Turbo" consensus mechanism, an enhanced version of Proof-of-Stake (PoS). This mechanism ensures fast finality and high throughput by optimizing block proposals and validator voting processes. Designed to handle high-frequency trading and other demanding financial applications efficiently, Twin Turbo combines the benefits of PoS with additional enhancements for performance.
Sei integrates various advanced protocols to support its high-performance trading infrastructure. The platform supports off-chain order books for faster transaction processing and on-chain settlement for enhanced security. Additionally, Sei is compatible with the Inter-Blockchain Communication (IBC) protocol, enabling seamless interoperability with other blockchain networks and expanding its ecosystem.
Sei's infrastructure is ideal for decentralized finance (DeFi) applications, including decentralized exchanges (DEXs), automated market makers (AMMs), and lending platforms, which benefit from its high throughput and low latency. Moreover, Sei supports digital asset management and enterprise solutions that require robust and scalable blockchain technology for secure and efficient data processing and transactions.