Sei Labs releases the Sei Giga White Paper, aiming to become an EVM L1 Blockchain that supports multiple proposers.

PANews May 19th news, according to the official announcement, Sei Labs released the Sei Giga White Paper, outlining the path for this Blockchain to become a Layer 1 Ethereum Virtual Machine (EVM) supporting multiple proposers. The proposal adopts a parallel block proposal architecture, with key technical features including: 5 Ggas throughput, 200,000 TPS processing capacity, 400 milliseconds transaction final confirmation time, and a newly developed EVM execution client. In terms of technical architecture, Sei Giga achieves performance breakthroughs through an asynchronous state submission mechanism and the Autobahn consensus protocol, claiming to improve throughput by 50 times compared to traditional solutions while maintaining compatibility with Ethereum smart contracts. Project co-founder Jay Jog stated that this design aims to meet the demands of Web3 applications for high-performance underlying infrastructure, and the core development phase has now been completed.