TLDR Crypto · INNOVATION & LAUNCHES
SEI V2 - THE FIRST PARALLELIZED EVM BLOCKCHAIN
Summary from the TLDR Crypto newsletter
Sei is planning a major upgrade to the chain, intending to create the first fully parallelized EVM. Known as Sei v2, the upgrade will allow the Sei network to maintain its rapid block finalization and transaction rate while adding support for EVM smart contracts. This means developers can implement already-audited smart contracts from EVM-compatible blockchains without changing their code. The upgrade is expected to be released on testnet in Q1 2024.