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Parallel Processing: Sei x RunesTerminal Team Up

Everyone has a need for speed, and Sei is the fastest, most high performance Layer 1 blockchain, with a focus on creating the developer environments that allow crypto innovation to thrive.
5/15/2024
btcterminal.io
Parallel Processing- Sei x RunesTerminal Team Up

Everyone has a need for speed, and Sei is the fastest, most high performance Layer 1 blockchain, with a focus on creating the developer environments that allow crypto innovation to thrive.

The hard reality is that for crypto to replace the current financial system, vastly more throughput is required than currently exists through EVM-bottlenecks, and Sei is leading the charge in creating a trust layer that delivers EVM-security at a speed that is palatable for the sophisticated applications of global finance and on-chain environments.

Powered by TwinTurbo consensus that dramatically shortens block finality times, Sei blockchain is focused on bringing the ‘Web2’ experience to decentralized environments and providing institutions with the on-chain architectures they need to deliver on the products Web3 has so often promised, but never achieved. Their v2 is the first Parallelized EVM blockchain, which creates backwards compatibility of audited EVM contracts directly on Sei with no code changes, and utilizing optimistic parallelization, all achieved with complete interoperability with the existing Sei chain.

We are thrilled then to announce our broad integration with Sei focused on leveraging Sei’s powerful high-throughput blockchain to build and launch new Runes applications, while connecting Runes into the wider EVM-environment with the infrastructure capability and developer support required to make L1 Bitcoin DeFi a reality.

RunesTerminal’s RunesPad helps bridge EVM liquidity to Bitcoin, but also helps deploy Runes trading in EVM-EVM environments so that no liquidity goes untapped in pursuit of establishing Runes as a go-to trust layer for essential crypto innovations. Their parallelized EVM provides a compelling alternative for exchanges and trading apps and we believe the best Runes exchanges will eventually launch on Sei v2.

Sei’s ecosystem of developer support (unlike their blockchain architecture) is unparalleled, consistently going above and beyond with initiatives like their Creator Fund, their Accelerator Program, their Public Devnet, and their Developer Hub that helps brilliant minds create brilliant apps. In this, Sei shares RunesTerminal’s central belief that builders work best working together, and innovation comes from collaboration.

Our developer dream lab will work closely with Sei’s team to give Runes project creators and infrastructure developers all the support they need to make their genius into a practical reality. In turn, RunesPad will work towards integrating Sei so that Sei-based projects can access our support-network and plug into our community’s liquidity to start their project quickly, efficiently, and with total integration into the RunesTerminal architecture.

Eventually, Runes innovation will lead to consumer-facing applications that reimagine the crypto-financial system and use Bitcoin as a trustlayer for the most important trades in global finance. Our initiatives with Sei are all about providing the infrastructure to make that happen, and we are delighted that, together, we have the firepower to make it happen. The future is happening fast, and through our collaboration with Sei, we’re moving faster than anyone towards it.