Sei Development Foundation

Sei Development Foundation

The Sei Development Foundation is an independent U.S. non-profit dedicated to the advancement of Sei, the first parallelized EVM blockchain. Sei is designed for high-frequency applications, offering unmatched scalability and speed, with the ability to settle transactions in 400ms and process 10,000 transactions for as low as $0.05.
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Description

The Sei Development Foundation is an independent U.S. non-profit that promotes the adoption of open-source, permissionless protocols like Sei. The foundation provides support to builders, creators, and contributors through direct grants and community-driven funding initiatives. Sei is a high-performance Layer 1 EVM blockchain, distinguished as the first parallelized EVM chain. It boasts 400ms block times and a throughput of 100 MGas/s, enabling web2-like experiences and high-frequency trading. Its architecture features Twin Turbo Consensus for sub-second finality, a Parallelization Engine for multi-core transaction execution, and SeiDB for optimized state access, ensuring robust security and scalability. The platform supports seamless integration with EVM tools like Hardhat and Foundry, facilitating the development of high-performance smart contracts, dApps, and fast, low-fee crypto payments.

Technology & Skills

Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success