Developers prefer fast and optimized Sei, let's find out why?
May 18th, 2023

What is the peculiarity of Sei and for what purposes it is used?

     Exchanges play a pivotal role as the most influential application within the cryptocurrency ecosystem, spanning across sectors such as decentralized finance (DeFi), GameFi, and non-fungible tokens (NFTs). The majority, if not all, of the trading volume in these sectors ultimately flows back to exchanges. The orderbook model remains dominant in large centralized exchanges, both in traditional finance and the crypto sphere, as it has proven to be reliable, fast, and capital-efficient. However, transitioning an orderbook to an on-chain solution poses immense challenges.      Development teams face obstacles such as high transaction costs, slow trade execution, and inaccurate pricing, among others. To date, only a limited number of on-chain orderbook implementations have been successful. Each implementation involves making tradeoffs in terms of speed, efficiency, and reliability, striking a balance to overcome these challenges.

How to achieve such a high speed?

     Sei boasts the industry's quickest time to finality, with a minimum threshold of 300 milliseconds, and it incorporates built-in parallelization. This exceptional infrastructure makes it exceptionally well-suited for trading operations. Through the utilization of two groundbreaking advancements in consensus research, Sei implements the Twin-Turbo consensus, surpassing the performance levels of any other Layer 1 blockchain.      Additionally, Sei offers inherent features such as a matching engine and front-running prevention, granting trading applications inherent advantages right from the start. Furthermore, Sei's automatic order bundling capability enhances application throughput and significantly improves the user experience for all trading apps built upon the Sei blockchain.

In conclusion, we will consider the technical advantages of Sei.

  1. Sei is the fastest chain to finality - point blank - with a lower bound of 300ms.

  2. One of the only chains to conduct parallelization.

  3. Redistribution of MEV for additional value accrual.

  4. Built-in order matching engine that trading apps can leverage.

  5. Built-in front-running prevention to fight negative MEV.

  6. Automatic order bundling improves the user experience for everyone.

I wish everyone a good mood and a peaceful sky above your head! Slava to Ukraine!

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