Sei – the fastest Layer 1 blockchain, optimizing UX for the exchange of digital assets | ep.71

In this episode, we’re joined by Jayendra Jog, the Co-founder of Sei – a general purpose, open-source Layer 1 blockchain offering infrastructure optimized for the exchange of digital assets. We discuss what Sei is and what the main optimizations are that they have focused on. We cover the current state of the blockchain market sector, and Sei’s position within it. We discuss striking a balance between efficiency and decentralisation, we walk through Sei’s current developer and user bases, breakdown the importance of EVM compatibility, and as a timely topic cover why Sei would be a suitable option for the specialized backend that MakerDAOs NewChain needs. We also break down Sei’s economic model, what the best metrics are to measure the success of an L1, and much more. Tune in for a great discussion about the fundamentals of Sei, and the broader blockchain market sector. Sei: https://www.sei.io/ Docs: https://docs.sei.io/ Jay on X (Twitter): https://twitter.com/jayendra_jog Sei on X (Twitter): https://twitter.com/SeiNetwork Sei Labs on X (Twitter): https://twitter.com/Sei_Labs Make sure to leave a comment if you have any questions 🙌 📊 Token Terminal platform: ► https://www.tokenterminal.com/ ----------------------------------------- 💬 Join our Discord: ► https://discord.com/invite/tokenterminal ----------------------------------------- 📱 Follow us on Twitter: ► https://twitter.com/tokenterminal ----------------------------------------- 📩 Subscribe to our Newsletter: ► https://tokenterminal.com/resources ----------------------------------------- Timestamps: 00:00 Introduction 01:25 Sei’s thesis & core value proposition 05:53 The main optimizations that Sei is focused on 12:17 Striking a balance between efficiency and decentralization 15:01 How is Sei positioned within the blockchain market? 18:45 Sei ecosystem: apps and projects 20:43 Sei ecosystem: current userbase 23:16 Monolithic vs. modular blockchains 25:02 What is the importance of EVM-compatibility? 27:51 MakerDAO’s NewChain: Why is Sei a better fit compared to EVM? 31:21 Core contributors to the development of the Sei blockchain 32:23 Economic model: How does Sei accrue value? 36:07 Ensuring economic sustainability 38:41 Current challenges related to growth 40:55 What’s next for Sei? … Crypto redefines the way businesses are built and operated. Token Terminal gives you the tools to evaluate and track the most promising projects. The following content is meant purely for educational and informational purposes, and should not be relied upon as financial, investment, legal, tax, or any other professional advice. The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating, or are invested, in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content. #Sei #Blockchain #Fundamentals #Blockchain #Crypto #TokenTerminal