Overview of Sei (SEI)
Sei (SEI) is a layer 1 blockchain specially crafted to optimise trading activities within the digital asset space. By prioritising security, reliability, and high transaction throughput, Sei aims to create a streamlined experience for traders and developers alike.
Key Features of Sei Blockchain
Twin-Turbo Consensus Technology
At the heart of Sei’s innovation is its cutting-edge Twin-Turbo Consensus technology. This advanced system incorporates intelligent block propagation and optimistic block processing, enabling the blockchain to achieve transaction finality in just 600 milliseconds. Additionally, Sei can process an impressive 22,000 orders per second, making it one of the fastest blockchains in operational terms.
On-Chain Central Limit Order Book (CLOB)
Sei features an on-chain Central Limit Order Book (CLOB) coupled with a robust matching engine. This architecture provides users with deep liquidity and a priority-based matching system, enhancing the trading experience and offering traders a competitive edge in the fast-paced world of digital asset exchanges.
Utility of SEI Token
SEI is the native utility token of the Sei ecosystem. It is integral to various functions within the network, including:
- Governance voting rights, enabling token holders to influence the future direction of the platform.
- Paying trading fees associated with transactions.
- On-chain staking, which helps secure the network and rewards participants for their involvement.
Focus on Developers and Users
Sei is designed with both developers and users in mind, functioning as an infrastructure and shared liquidity hub for the next generation of decentralised finance (DeFi). By supporting innovation and scalability, Sei strives to enhance the overall landscape of digital asset trading and DeFi applications.
Relevant Sites for Sei
Comments are closed.