Sei will launch the Sei V2 upgrade, becoming a parallelized EVM blockchain

ChainCatcher news, Layer1 blockchain Sei announced the upcoming launch of the Sei V2 upgrade, becoming a parallelized EVM blockchain. New features include backward compatibility for EVM smart contracts, reusability of widely used applications and tools (such as MetaMask), optimistic parallelization, SeiDB (improvements to the storage layer), and interoperability with existing chains (allowing seamless combinations between EVM and any other execution environment supported by Sei).

Sei stated that Sei V2 will provide a throughput of 28,300 batch transactions per second, along with a block time of 390 milliseconds and finality of 390 milliseconds. The major upgrade of Sei is currently nearing code completion. After the audit is completed, this upgrade will be released on the public testnet in the first quarter of 2024 and will be deployed to the mainnet in the first half of 2024.