Sei – the fastest Layer 1 blockchain, optimizing UX for the exchange of digital assets | ep.71

In this episode, we’re joined by Jayendra Jog, the Co-founder of Sei – a general purpose, open-source Layer 1 blockchain offering infrastructure optimized for the exchange of digital assets.

We discuss what Sei is and what the main optimizations are that they have focused on. We cover the current state of the blockchain market sector, and Sei’s position within it.

We discuss striking a balance between efficiency and decentralisation, we walk through Sei’s current developer and user bases, breakdown the importance of EVM compatibility, and as a timely topic cover why Sei would be a suitable option for the specialized backend that MakerDAOs NewChain needs.

We also break down Sei’s economic model, what the best metrics are to measure the success of an L1, and much more.

Tune in for a great discussion about the fundamentals of Sei, and the broader blockchain market sector.

Sei: https://www.sei.io/
Docs: https://docs.sei.io/
Jay on X (Twitter): https://twitter.com/jayendra_jog
Sei on X (Twitter): https://twitter.com/SeiNetwork
Sei Labs on X (Twitter): https://twitter.com/Sei_Labs

Make sure to leave a comment if you have any questions 🙌

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Update

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Interview

Timestamps:
00:00 Introduction
01:25 Sei’s thesis & core value proposition
05:53 The main optimizations that Sei is focused on
12:17 Striking a balance between efficiency and decentralization
15:01 How is Sei positioned within the blockchain market?
18:45 Sei ecosystem: apps and projects
20:43 Sei ecosystem: current userbase
23:16 Monolithic vs. modular blockchains
25:02 What is the importance of EVM-compatibility?
27:51 MakerDAO’s NewChain: Why is Sei a better fit compared to EVM?
31:21 Core contributors to the development of the Sei blockchain
32:23 Economic model: How does Sei accrue value?
36:07 Ensuring economic sustainability
38:41 Current challenges related to growth
40:55 What’s next for Sei?

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