CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

CoinDesk 2025-05-08 11:41:56

Sei Wants To Cut Cosmos Compatibility and Go All-In on Ethereum

A Sei Network developer proposed to depreciate the blockchain’s Cosmos support on Wednesday in a bid to remove “unnecessary” complexity for users. The proposal, if successful, will make it so Sei users will only be able to send and receive transactions that are compatible with Ethereum. Cutting Cosmos support will significantly simplify the blockchain, reduce infrastructure overhead, and position Sei more strongly within the broader Ethereum ecosystem, Philip Su, Sei Labs’ Engineering Lead, said in the proposal. “This transition will lead to greater adoption, improved developer experience, and a more cohesive community,” he said. The move comes as blockchain infrastructure builders compete to draw in developers and expand their orbits. Ethereum-based infrastructure, which runs on software called the Ethereum Virtual Machine, or EVM, is what the majority of decentralized finance apps run on. Ethereum, as well as other big blockchains like Coinbase’s Base and the Binance-affiliated BNB Chain, all use the EVM. But there are challengers. Solana uses its own software called the Solana Virtual Machine, or SVM, while Cosmos has pioneered software called CosmWasm. Sei currently supports both EVM and CosmWasm. “While this dual architecture has provided flexibility, it also introduces significant complexity and friction for both users and developers,” Su said. If Sei pivots away from CosmWasm it could be a significant blow for the software’s adoption. The Sei Network has grown steadily since its 2023 launch. Deposits to DeFi apps on the network are at an all-time high of $1 billion, according to DefiLlama data , making it the 15th largest blockchain by total value locked. Cosmos Hub, the leading development platform for Cosmos, did not immediately respond to a request for comment. Unnecessary overhead When Sei launched it didn’t support the EVM and adoption was slow. Over the blockchain’s first year it only attracted some $50 million of deposits to its DeFi apps, a paltry sum compared to other blockchains that launched around the same time, such as Sui, which soared above $600 million in deposits during its first year. But that changed in July 2024 when Sei launched its second version, which let users create DeFi apps using either CosmWasm or the EVM. Activity exploded as developers and investors flocked to the blockchain. Among DeFi developers, the EVM is the most well-known software. So by introducing EVM support, Sei was able to tap into a much larger pool of developers. New Sei users are now predominantly choosing to use the EVM instead of CosmWasm, data compiled by Sei Labs on data platform Dune Analytics shows. What’s more, the current cross-compatibility comes at a cost, Su said. It introduces “unnecessary overhead in the codebase and complicates debugging and testing,” he said. Still, there’s no guarantee others in the Sei community will feel the same way. Build with Sei, a group managed by the nonprofit Sei Foundation, will host a call on May 14 to discuss the proposal in detail and give opportunities for developers and the community to ask questions and give feedback. Read more: Trump-Linked Crypto Project Buys $775K Worth of SEI as Altcoin Accumulation Continues

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.