What is Sei?
2024-02-06 05:55:26
Sei (SEI) is a layer 1 blockchain built to optimise trading. Designed with a focus on streamlining the exchange of digital assets, Sei prioritises security, reliability, and high transaction throughput.
- Central to Sei's innovation is their Twin-Turbo Consensus technology, which includes intelligent block propagation and optimistic block processing. Claiming to reach transaction finality of 600ms and 22,000 orders per second.
- With an on-chain Central Limit Order Book (CLOB) and matching engine, Sei offers deep liquidity and a priority-based matching system.
- SEI is the utility token of the ecosystem, used for governance voting rights, paying trading fees, and on-chain staking to secure the network.
Designed with developers and users in mind, Sei serves as a infrastructure and shared liquidity hub for the next generation of DeFi, supporting innovation and scalability in decentralised finance.
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