Sei Labs and the Sei Foundation are launching the Sei Research Initiative to address the limitations of the Ethereum Virtual Machine (EVM) and improve scalability and decentralization. This initiative aims to work with third-party researchers, thought leaders, and external contributors to explore and expand the EVM’s capabilities.
The EVM allows for the creation of decentralized applications through smart contracts written in languages like Solidity, but its single-threaded nature results in transaction bottlenecks, high gas fees, and slow finality times. The Sei Research Initiative plans to tackle these challenges through innovative approaches like horizontal scaling.
The initiative emphasizes a first-principles approach to reimagine the EVM across storage, consensus, and execution layers and aims to parallelize transaction execution to significantly enhance throughput, reducing transaction fees and finality times. This approach is expected to broaden the developer design space and encourage greater innovation within the EVM ecosystem.
The Sei Research Initiative is guided by core principles such as relentless innovation, community-first open-source collaboration, and decentralization. The initiative seeks to provide full EVM compatibility and foster a positive-sum impact on the blockchain ecosystem by adhering to open standards.
Sei Labs and the Sei Foundation invite developers, researchers, and community members to participate in this open-source collaboration. Opportunities include exploring Sei Protocol’s documentation and participating in grant initiatives like the Sei Creator Fund and the Japan Ecosystem Fund. The Sei Research Initiative aims to enhance the EVM’s scalability and decentralization to meet the demands of a growing blockchain ecosystem.
