Thread by @schizoxbt

Let me tell you a story: I was sitting there right? Just furiously beating off....

Nahhhh, I'm just messing with ya, but I was furiously walking around my neighborhood to calm my angry child and as Dads do, I was listening to a podcast about @SeiNetwork

open.spotify.com/episode/2KLfTt…

For one, the @Blockworks_ network of podcasts are phenomenal! They always seem to ask great questions.

So I've done bits and pieces on Sei before but since mainnet is approaching fast, its time to really dive in heavy.

I had a few takeaways from the interview above.

So the person being interviewed was @jayendra_jog and he is way too intelligent for me but there were some things he said that really stuck out to me.

He had worked at Robinhood and after the Gamestop debacle, became a decentralized Maxi and started to build a DEX w/@jeffdfeng

This led to them looking into the infra needed to build a DEX.

Jay said (verbatim) that current infra is lacking and chose instead to build out the best infra possible for DEXes.

But why choose Cosmos instead of an ETH L2 or an AVAX subnet / Polkadot?

This is where it gets fairly interesting in my eyes.

Jay points out that ETH L2s (even now) just cannot scale to do what Sei is doing and says the same thing for proto danksharding. Said as a whole L2s just cannot scale.

In terms of AVAX/DOT, they don't have a necessary time to finality which makes their shared security approach too slow.

And why not a sovereign chain like SUI/APTOS? Jay says that they didn't want to build everything from scratch. Too many things can wrong w/bugs

Now why Cosmos? Because the Cosmos SDK was battle tested, and came pre-equipped with everything they needed to create their chain.

This allowed them to create the fastest L1 blockchain out there, in order to better service their goal of being a chain built for trading.

Sei's primary value prop is to be the place to go for any type of trading - Defi Dex, NFT marketplace, Gaming Dex, etc.

Sei's Order Matching primitive that is built into the chain, is key infrastructure to keep away congestion that still plagues other L1s.

They guarantee that Sei will perform better for trading applications than all other L1s.

And if you know how many transactions/trades, different market makers, funds, oracles, etc make, then you would know how beneficial Sei can become to these entities.

Also worth mentioning that Sei had a 30M raise including Jump. Which if you know anything about Jump, you would know why this makes a perfect fit for them and why they would put money towards it.

https://twitter.com/SeiNetwork/status/1645955246173351936

That feels like a fairly good introduction to Sei without being too inundated with words!

#Seilors, did I miss anything important? Let me know down below so my next thread on Sei (coming thoooon) will be even better than this one!

Feels weird having such a short thread. Fingers aren't aching, wife isn't holding a screaming child going "Aren't you done yet"?

Is what being accomplished feels like??

Y'all should follow me because I have more Cosmos stuff on the wayyyy

Like/RT this tweet bc I said so. Pls

https://twitter.com/schizoxbt/status/1654208522756952070

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