Sei, a new whale on the crypto market?

Why is the Sei project so promising, and what is the main breakthrough in its technology, as well as what is its main goal? Today let's talk about it, pour yourself something delicious and let's go)

Sei is the first order book centric blockchain leyer 1 that offers high throughput and low latency, without sacrificing decentralization, this combination, makes possible new types of financial products requiring high speed and reliability from real-time sports betting, to options and futures trading

Sei has native interoperability with multiple blockchains via IDC/ Sei applications and other applications on space, can connect to its built-in central order book to take advantage of its high liquidity.

In Sei, it has its own order book. The order book works by matching buy and sell orders at set prices, while AMM users (automated market makers) trade with a pool of liquidity.

Sei provides a high transaction completion rate, approximately 600m.s., which in turn reduces the time required to process the block.

Sei is as safe as it is fast. The project has protection against MEV outperformance. This way, validators get additional profit by changing the order of transactions, before approving a new block in the network. So Sei, thus sei, will group market orders together, in each block, which means orders will be executed together, at the same price. In practice for users, this will mean not only high speed of execution, but also reliable protection against asset price slippage.

The principle behind Sei is to "parallelize" transactions, which means that transactions are processed in parallel with each other. This means that Sei can process multiple transactions at the same time, resulting in higher performance and lower fees for users.

Sei has its own price oracle, to support asset exchange rate pricing. Validators provide accurate asset price information to ensure that prices are reliable and consistent with market conditions at a point in time.

Another interesting feature that distinguishes the project from its competitors is the principle of "permissioned blockchain". In practice, this means that any application must be pre-approved before its smart contract can be deployed on the network. Which, to a large extent, automatically increases the safety for the user in such an environment.

Now you know what technology is really behind this project, and you can see at an early stage what it can bring to the whole industry. At the moment, the project is 90% complete and will go on the main network very soon, and we will be able to see its full power.