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The Pomp Podcast
#1304 Jay Jog on Layer One Wars: Bitcoin, Ethereum, Solana, Sei & More
Feb 1, 2024
33:43
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Jay Jog, Co-Founder of Sei Labs, discusses the evolution of the Layer 1 blockchain landscape, including Bitcoin, Ethereum, Solana, and Sei. They explore trade-offs, use cases, and future prospects. Topics include bridging Web2 and Web3, winner take most market, real world assets, and building on a platform with design space and risks.
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Quick takeaways
- SAE aims to combine the best features of Ethereum and Solana by building a parallelized Ethereum Virtual Machine (EVM) on a high-performance infrastructure, expanding the design space for developers and allowing for more scalable and diverse applications.
- SAE is actively working on community engagement and has seen increased activity, particularly in NFTs, after a meme campaign involving the SEI name, recognizing the importance of building a strong ecosystem and vibrant user community for the success of the platform.
Deep dives
The Evolution of L1 Landscape: Bitcoin to Ethereum to Solana to SAE
Jay Jog discusses the evolution of Layer 1 (L1) blockchains, from Bitcoin to Ethereum to Solana and finally to SAE. Each L1 has different trade-offs in terms of security, transaction throughput, and other decisions. SAE aims to combine the best features of Ethereum and Solana by building a parallelized Ethereum Virtual Machine (EVM) on a high-performance infrastructure. This expansion of the design space for developers allows for more scalable and diverse applications beyond the limitations of the current Ethereum L1.
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