Sei Mainnet Launch Planned In H1 2024, V2 Public Devnet Now Open

Key Points:

• Sei is launching its V2 public development network, a step towards its 2024 mainnet launch.
• Major upgrades like SeiDB and Twin Turbo Consensus enable rapid data management and the fastest blockchain finality time.

Sei mainnet launch planned in H1 2024, they have also announced the launch of the V2 public development network. Notable features of this network include Interoperable EVM, Optimistic Parallelization, and SeiDB.

Sei is set to launch its V2 public development network, a significant step towards its mainnet launch, planned for the first half of 2024.

Sei Mainnet Launch In The First Half of 2024

The public development network, comparable to a testnet, provides a license-free environment for developers to test and enhance their applications, aiding in network deployment and facilitating a smooth transition of Sei’s new EVM to the main network.

Sei v2 introduces significant features that enhance both user and developer experiences. These include an Interoperable EVM that allows existing Ethereum developers to deploy their applications without changes while benefiting from Sei’s 100x performance improvements.

Developers can leverage Optimistic Parallelization to unlock parallel processing for their applications, similar to Solana’s scaling of throughput.

Readmore: Sei V2 Code Has Been Audited To Prepare For Launch

Twin Turbo Consensus: Fastest Blockchain Finality

The major upgrade, SeiDB, enables Sei to manage a higher rate of data storage, reads, and writes, crucial for a high-performance blockchain. It brings substantial performance improvements, rapid state sync, and reduces hardware requirements by cutting down on state bloat.

The Twin Turbo Consensus feature allows Sei to attain the fastest blockchain finality time at 400ms, thereby offering web2-like experiences for applications. These features collectively contribute to a novel, scalable design space for the Ethereum Ecosystem.