Summary
TLDR: Sei blockchain upgrades its devnet to v2, allowing apps developed on Ethereum to be deployed on Sei without changes. It offers a parallelized processing environment similar to Solana, aiming to be a more scalable version of Ethereum. The blockchain is now backwards compatible with Ethereum smart contracts and can handle thousands of transactions per second. Sei hopes to go live on mainnet in the first half of 2024 and has gained over 200,000 new users, mostly trading NFTs.
Key Points
1. Sei has upgraded its devnet to v2, allowing apps developed on Ethereum to be deployed on Sei with no changes.
2. Sei offers an execution environment that combines the best features of Ethereum and Solana, using parallelized processing for faster transaction speeds.
3. Sei is now backwards compatible with Ethereum smart contracts and can handle thousands of transactions per second, aiming to launch its mainnet in the first half of 2024.