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Sei Blockchain Proposes Shift to EVM-Based System

What to Know:
  • Sei Blockchain proposes moving to an EVM-only system.
  • Focuses on enhancing developer experience.
  • Cosmos-based applications will need migration.

Sei Labs has proposed transitioning the Sei Blockchain to a single Ethereum Virtual Machine (EVM)-based system, impacting the ecosystem's architecture.

This proposal aims to align the blockchain with Ethereum standards, suggesting significant changes for developers and users in the Sei ecosystem.

Sei Labs Advocates for EVM-Only Transition

Sei Labs, led by Jay Jog and Jeff Feng, seeks to simplify the Sei Blockchain by adopting a single EVM-based model. The EVM-only proposal serves to enhance the ecosystem's efficiency.

The proposal involves deprecating Cosmos smart contracts in favor of EVM compatibility. This change is intended to foster greater adoption and usability.

"The EVM-only proposal aims to improve the user and developer experience ahead of Sei’s forthcoming Giga upgrade." — Jay Jog, Co-founder, Sei Labs

Cosmos to EVM: Developer Migration Required

The move will require all Cosmos applications to shift to EVM-compatible systems, impacting developers and existing infrastructure. This decision may encourage Ethereum developers to utilize the Sei network.

The potential for increased integration with Ethereum could improve liquidity and dApp functionality on Sei, though it poses challenges for current Cosmos-based users.

Unique Strategy Shift from Cosmos to EVM

Unlike prior chain adaptations, this shift from Cosmos to EVM is unique. Previous events have not featured such a complete transition, indicating a significant strategy shift.

Experts anticipate challenges in migration but suggest potential benefits, such as broadened community growth, if implemented successfully. Sei's migration plan mirrors efficient transitions in tech integration.