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Blockchain startup Sei Labs creates an interesting solution to make Ethereum faster


Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel,

Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers. It aims to improve the performance of transactions per second (TPS) of Ethereum Virtual Machine (EVM)-based layer-2 blockchains through the tried-and-true computer science concept of parallel processing, TechCrunch learned exclusively. But now Sei has turned its attention to help improve Ethereum, a far bigger, more established blockchain, the biggest by total value locked, according to CoinMarketCap – aka the value of all the digital assets on the network.

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