Sei Labs releases whitepaper for Sei Giga targeting multiproposer EVM L1

Sei Labs, the main contributor to the layer 1 blockchain Sei, has announced the release of the Sei Giga whitepaper that outlines the design of the industry’s first multi-proposer Ethereum Virtual Machine layer 1 blockchain.

Sei Giga is Sei (SEI) blockchain network’s new path towards becoming the first multi-proposer Ethereum Virtual Machine L1.

According to an announcement shared with crypto.news, the upgrade proposes a design of parallel blocks, powered by the Autobahn consensus protocol. It means Sei Giga brings a solution to network bottlenecks related to data availability, execution, and storage, among others.

The whitepaper release is the latest major development for Sei as the layer 1 blockchain continues its traction as one of the fastest-growing ecosystems in the market.

Sei has secured over $30 million from some of the leading venture capital firms in the crypto space, including Jump Crypto, Multicoin Capital, and Coinbase Ventures.

“Sei Giga is not just another EVM chain — it’s a reimagining of what’s possible for blockchain performance,” said Jay Jog, co-founder of Sei Labs. “By moving towards multi proposer consensus and rebuilding the execution environment from the ground up, we’re unlocking the scale and speed required for real-world, high-throughput applications — all while maintaining trust guarantees and ease of use of Ethereum.”

Analytics firm Nansen recently pointed out that Sei outpaced other chains as a gaming explosion helped active addresses rise. In the past 24 hours, the active address count has jumped 44%, with over 457k addresses. Daily transactions have also increased by 43% to over 1.03 million.