Sei is the fastest Layer 1 blockchain, specifically designed to scale with the evolving digital assets industry.
Sei's unmatched speed and scalability are enabled by its Twin-Turbo Consensus, ensuring low transaction costs and high throughput. It emphasizes security, user-centric design, and offers native frontrunning protection, seamless interoperability, and transaction bundling.
Sei Network was founded by Jeffrey Feng and Jayendra Jog, leveraging their experience at companies like Airbnb and Goldman Sachs. The network, aimed at addressing limitations in existing DeFi protocols, initiated its first funding round in August 2022.
Sei Network successfully launched its mainnet on August 15th, with its native token SEI being listed on multiple major cryptocurrency exchanges. It focuses on cryptographic asset exchanges like NFTs and social tokens, with uses in network and transaction fee payments, DAO governance, collateral, and node validation.