In recent years, the EVM has become a key platform for development in the crypto industry. However, as demand increases, scalability has turned into a pressing issue.
Current EVM Challenges
The EVM serves as the backbone of existing smart contracts, yet its performance falls short of modern application demands. With a throughput of around 100 transactions per second, complex applications face limitations.
Sei's Mission: Scaling the EVM
Sei has introduced a parallelized EVM that offers new opportunities in terms of performance and Ethereum compatibility. However, achieving web2 application levels necessitates rebuilding the EVM with a performance-centric focus.
Roadmap and Development Future
Sei Labs is working to up throughput to 5 gigagas per second. This involves rebuilding the EVM client, optimizing the consensus process, and implementing new data storage strategies.
Sei aims to create the most performant EVM-based blockchain. Success in these undertakings could significantly enhance industry technology and offer developers a new level of network interaction.
