Sei Labs needs to simplify its blockchain by going all-in on EVM and dropping help for Cosmos transactions and sensible contracts.
Sei Labs, a core improvement crew behind the Sei blockchain, has unveiled a brand new proposal to ditch Cosmos transactions and CosmWasm contracts and go all-in on EVM to make the blockchain easier and simpler to construct on.
The proposal, Sei Enchancment Proposal-3, is the second to be submitted beneath the brand new SIP governance course of. If handed, it will imply Sei turns into an EVM-only chain, transferring away from its present twin help for each EVM and Cosmos accounts.
“As EVM usage continues to dominate activity on Sei, this proposal reflects a clear path forward: a streamlined, EVM-first architecture designed to scale the next generation of DeFi, gaming, and real-world applications.”
Jay Jog, co-founder of Sei Labs
In accordance with the proposal, solely EVM addresses will be capable of ship transactions on Sei. CosmWasm contracts and Cosmos message dealing with could be eliminated, whereas staking and governance options will stay accessible by way of EVM precompiles.
Sei Labs mentioned the present twin setup has created friction for customers and builders, with customers having to handle and hyperlink “both EVM and native addresses.” If the proposal goes by way of, infrastructure suppliers might want to change to EVM-only APIs. Customers can even want to maneuver belongings to EVM-native wallets or bridge out Cosmos belongings, and CosmWasm builders must port their apps to EVM, the crew famous.
In accordance with Sei Labs, shifting to an EVM-only setup will “significantly simplify the Sei developer and user experience, reduce infrastructure overhead, and position Sei more strongly within the broader EVM ecosystem.” Nonetheless, there’s no clear timeline for when the proposal would possibly take impact.
Amid the announcement, SEI (SEI) value jumped 6% to $0.2, whereas buying and selling quantity surged 17.27%, based on knowledge from crypto value aggregator platforms.