Taking to X on January 2, Jay Jog, the co-founder of Sei, Sei V2, is functionally “code complete” with Zellic and OtterSec, two blockchain security firms, auditing the code base. This development comes as the platform’s native coin, SEI, continues to surge, reaching all-time highs just four months after the launch of the high-performance blockchain in August.
What’s The Big Deal About Sei V2?
Once it launches in Q1 2024, Sei V2 will introduce a parallelized Ethereum Virtual Machine (EVM). According to developers, this model combines the best features of Solana and Ethereum, possibly driving Sei adoption and propping up SEI prices.
Of note, the Sei V2 code base will introduce three major upgrades. One is that Sei Network will now be compatible with Ethereum following the planned support for the EVM. Herein, Sei aims to leverage Ethereum’s popularity, especially among developers, tooling, and wallets.
The goal, Jog explained in a post on X, is to ensure the integration i
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