The Rise of Parallel EVMs

Source: Sei V2 – Sei’s approach to scaling brings together the high-performance aspects of Solana and the network effects of the EVM

In today’s world we are accustomed to multitasking. Our computers effortlessly run processes in parallel, like listening to Spotify while browsing the Internet with dozens of open tabs. However, this is not table stakes for current blockchains, most of which operate in a surprisingly old-fashioned way – one transaction at a time. This sequential approach is a bottleneck for performance, hindering scalability and user experience.

Chains that support parallelization gain a competitive advantage because of their ability to process transactions concurrently, not having to wait for a process to finish before starting another. This drastically improves the performance of the  network, allowing it to scale and handle the increasing loads and demand of on-chain applications.

The Sei V2 upgrade introduced the first high-performance parallelized EVM chain, and it is already live. Achieving a time to finality (TTF) of 380 ms it unlocks an entirely new design space that was previously inaccessible to EVM developers. Instead of having to learn the ropes of a new ecosystem like Solana, Aptos or Sui, EVM developers can now continue to take advantage of the developer tooling and network effects of the EVM. With Sei V2 it becomes possible to kick off the journey of building high-performance applications with orders of magnitude more throughput than some of the fastest L2s in the current market.