Year 2022/23 is the dawn of chain launches from L2s to L1s
Sei L1 like it’s predecessors and contemporaries (Aptos, Sui) is yet to launch
However I’ll try compare Sei to Aptos and Sui to see why it’s better
A thread on this 🧵
Sei L1 like it’s predecessors and contemporaries (Aptos, Sui) is yet to launch
However I’ll try compare Sei to Aptos and Sui to see why it’s better
A thread on this 🧵
Before I proceed, just so you know
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Subscriber and Don’t miss out
In this thread we’ll look at
- Intoduction to Sei
- Sei’s Tech
- Aptos and Sui Tech
- Why Sei is Better
- Sei Ecosystem
- Sei’s Team
- Intoduction to Sei
- Sei’s Tech
- Aptos and Sui Tech
- Why Sei is Better
- Sei Ecosystem
- Sei’s Team
1/ Blockchains are categorized into general specific and app specific; Sei falls in between
Sei is a both specific and general purposes
Specific in terms of trading; as it aims to be the NASDAQ of web3
With the aid of Cosmos SDK infra and the tindermint core
Sei is a both specific and general purposes
Specific in terms of trading; as it aims to be the NASDAQ of web3
With the aid of Cosmos SDK infra and the tindermint core
2/ This yields Sei with significant specialized functionality and optimization
Through its tech it can achieve it’s goals—
Twin Turbo Consensus
Txn Parallelization
Native Oracles
Native Order Matching Engine
Frequent Batch Auctioning
Txn Order Bundling
Through its tech it can achieve it’s goals—
Twin Turbo Consensus
Txn Parallelization
Native Oracles
Native Order Matching Engine
Frequent Batch Auctioning
Txn Order Bundling
3/ A detailed overview on Sei’s tech
4/ Since we’re trying to see how Sei is better than Sui and Apt
We’ll look at their techs
Scope of Sui’s tech
We’ll look at their techs
Scope of Sui’s tech
5/ Scope of Aptos Tech
6/ We can see all L1s notably use parallelization in its tech
However, we see major differences in programming language used
With Sei being Rust and Aptos and Sui being move
This is move if you’re not familiar
However, we see major differences in programming language used
With Sei being Rust and Aptos and Sui being move
This is move if you’re not familiar
7/ Yes Move is as good as every other programming language but what we’re looking here is the adoption perspective
Rust is used on Solana and it has huge adoption noticeably in Sol’s TVL
Solana TVL when compared to these two L1s; huge difference
Why?
Rust is used on Solana and it has huge adoption noticeably in Sol’s TVL
Solana TVL when compared to these two L1s; huge difference
Why?
8/ Developer friendliness
It’s the devs that build the chain; then the consumers (us) use it
If devs can’t build or less devs to build on a particularly new language it leaves hinderances
It’s the devs that build the chain; then the consumers (us) use it
If devs can’t build or less devs to build on a particularly new language it leaves hinderances
9/ 👆🏻 From the image above we can see that Rust has more blockchain developer onboarding friendliness due to its large community than newer language Move
Also, asides developer friendliness, Sei has an advantage in fast finality over Sui and Aptos
Also, asides developer friendliness, Sei has an advantage in fast finality over Sui and Aptos
10/ Thanks to image from @FourPillarsFP
We see that Sei currently has a TTF of 450ms and is aiming for something better
We see that Sei currently has a TTF of 450ms and is aiming for something better
11/ Now to its ecosystem
Hercules has a thread on 10 top projects building on Sei
Hercules has a thread on 10 top projects building on Sei
12/ But, I’ll go boarder
Services
@AirfoilStudio @BandProtocol @tkdotventures @BlockedProtocol
@Transak @wonderstruckxyz
Services
@AirfoilStudio @BandProtocol @tkdotventures @BlockedProtocol
@Transak @wonderstruckxyz
17/ Institutions @zerocapwealth @InnovationRapid @MEXC_Global @GravityX_Cap @BuidlersTribe @bitgetglobal
Sei’s Team
@jayendra_jog , one of the founders of Sei, has a significant background in fintech, including experience with Robinhood during the GameStop (GME)
Sei’s Team
@jayendra_jog , one of the founders of Sei, has a significant background in fintech, including experience with Robinhood during the GameStop (GME)
18/ incident.
This experience seems to have highlighted the value and necessity of decentralization to him.
Jay and his co-founder Jeff first built a decentralized exchange, using the lessons they learned from enabling retail investors to trade options.
This experience seems to have highlighted the value and necessity of decentralization to him.
Jay and his co-founder Jeff first built a decentralized exchange, using the lessons they learned from enabling retail investors to trade options.
19/ The inability to build a competitive DEX due to user experience tradeoffs on all existing L1 and L2 solutions led to the creation of Sei.
Conclusion
Sei is focused on trading and I for one sees this as innovative
With mainnet soon, its important to keep an eye on
Conclusion
Sei is focused on trading and I for one sees this as innovative
With mainnet soon, its important to keep an eye on
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