Sei Labs releases Sei Giga whitepaper, intends to become an EVM L1 blockchain supporting multiple proposers

Odaily Planet Daily News According to the official announcement, Sei Labs released the Sei Giga white paper, describing the path for the Sei chain to become a Layer 1 Ethereum Virtual Machine (EVM) that supports multiple proposers. The solution adopts a parallel block proposal architecture, and its main technical features include: 5 Ggas throughput, 200,000 TPS processing power, 400 milliseconds transaction final confirmation time, and a newly developed EVM execution client. In terms of technical architecture, Sei Giga achieves performance breakthroughs through an asynchronous state submission mechanism and the Autobahn consensus protocol. While maintaining compatibility with Ethereum smart contracts, it claims to increase throughput by 50 times compared to traditional solutions. Project co-founder Jay Jog said the design is designed to meet the needs of Web3 applications for high-performance underlying facilities, and the core development stage has been completed.