Listings

New listing on BCM: Meet SEI

October 17, 2023

In the dynamic world of blockchain, SEI stands out as an L1 blockchain. SEI can process an impressive 20,000 transactions per second and has a response time of only 300ms. According to SEI itself, they position themselves as "the fastest Layer 1 blockchain, designed to scale with the industry."

Focus on commerce and scalability

‍SEIis an open-source Layer 1 blockchain designed specifically for trading. It is an ideal foundation for a variety of trading apps, from DeFi DEXs and gaming DEXs to NFT marketplaces. ‍SEIfeatures a native order-matching engine in its Layer 1, enabling enhanced scalability for exchange apps. SEI's unique Twin Turbo consensus leverages both intelligent block propagation and optimistic block processing to achieve consensus efficiently. In addition, SEI employs market-based parallelization and provides support for order batching, which prevents frontrunning.

Key points SEI

  • SEI is an open-source Layer 1 blockchain specifically for trading, providing an infrastructure for various trading apps
  • SEI argues that trading apps, whether a DeFi DEX, NFT marketplace or gaming DEX, will function better on their platform than on other Layer 1s.
  • SEI has a proprietary order-matching system in the L1 that allows trading apps built on it to scale more efficiently.
  • SEI claims to be the fastest chain around because of its Twin Turbo consensus.
  • SEI supports order-batching to prevent frontrunning.

SEI on BCM

‍Withthe addition of SEI to BCM, we welcome an exciting player to the blockchain world. Find out more about SEI at BCM.