Sei Labs Unleashes Sei Giga: The First Multi-Proposer EVM L1 Blockchain!

Revolutionizing Blockchain Performance with Unprecedented Speed and Scale

Holy smokes, folks! Sei Labs just dropped a bombshell with the Sei Giga whitepaper, and it's set to shake up the crypto world! We're talking about the industry's first multi-proposer Ethereum Virtual Machine layer 1 blockchain. That's right, Sei Giga is paving the way for Sei (SEI) to become the ultimate speed demon in the L1 game!

Hold onto your hats because Sei Giga is taking the Sei blockchain to new heights! They're not just tinkering around the edges; they're going full throttle with a design that features parallel blocks powered by the Autobahn consensus protocol. This bad boy is tackling network bottlenecks head-on, solving issues with data availability, execution, and storage like a boss!

The Sei Giga whitepaper release is the latest jaw-dropping development for Sei, and this layer 1 blockchain is on fire! It's one of the fastest-growing ecosystems out there, and it's not slowing down anytime soon!

Get this: Sei has raked in over $30 million from heavy hitters like Jump Crypto, Multicoin Capital, and Coinbase Ventures. These guys know a winner when they see one!

Jay Jog, the co-founder of Sei Labs, is fired up about Sei Giga. He says, "Sei Giga is not just another EVM chain — it's a reimagining of what's possible for blockchain performance! We're going all-in on multi-proposer consensus and rebuilding the execution environment from scratch. We're unlocking the scale and speed needed for real-world, high-throughput apps while keeping the trust and ease of use that Ethereum is known for!"

Nansen, those data-crunching wizards, pointed out that Sei is outpacing other chains like a gaming explosion is fueling a surge in active addresses. In the last 24 hours alone, the active address count skyrocketed by 44%, hitting over 457k addresses. Daily transactions? Up 43% to over 1.03 million! Talk about a party!

Over the past week, @SeiNetwork has been the king of active address growth. And guess what's ruling the roost on the network? Gaming, baby! @nika_labs is crushing it with 323K users, @EUFTonSEI is hot on their heels with 111K users, and @dragon_slither is bringing up the rear with 28.8K users. It's a gaming takeover!

Sei Giga is packing some serious heat with 5 gigagas throughput, 200k transactions per second, and sub-400 millisecond finality. We're talking 50x more throughput, 70x faster block production, and 40x better execution efficiency. This thing is a beast!

And here's the kicker: Sei Giga is EVM-compatible, so it plays nice with Ethereum smart contracts. That means decentralized exchanges and trading apps can tap into this upgrade to supercharge their user experience. It's a win-win!