A developer of the SI network proposed to depreciate the support of the Blockchain cosmos on Wednesday in an attempt to eliminate the “unnecessary” complexity for users.
The proposal, if it succeeds, will do so that SEI users can only send and receive transactions compatible with Ethereum.
The support of the cosmos will significantly simplify the block chain, reduce infrastructure overload and position SEI more strongly within the broader Ethereum ecosystem, said Philip Su, Sei Labs engineering leader, in the proposal.
“This transition will lead to greater adoption, a better experience of the developer and a more cohesive community,” he said.
The movement occurs when Blockchain infrastructure builders compete to attract developers and expand their orbits.
Ethereum -based infrastructure, which is executed in software called Ethereum Virtual Machine, or EVM, is what most decentralized finance applications are executed. Ethereum, as well as other large block chains such as the Coinbase base and the BNB chain affiliated with Binance, all use the EVM.
But there are challengers. Solana uses her own software called Solana Virtual Machine, or SVM, while Cosmos has been a pioneer in the software called Cosmwasm.
Sei is currently compatible with EVM and Cosmwasm. “While this dual architecture has provided flexibility, it also introduces significant complexity and friction for both users and developers,” said their.
If Sei moves away from Cosmwasm, it could be a significant blow for the adoption of the software.
The Sei Network has grown constantly since its launch of 2023. Depi deposits for the defi applications are in a historical maximum of $ 1 billion, according to defillion data, which makes it the largest block of blocks largest by total value blocked.
Cosmos Hub, the leading development platform for Cosmos, did not immediately respond to a request for comments.
Unnecessary overload
When he launched, he did not support the EVM and the adoption was slow.
During the first year of Blockchain, it only attracted about $ 50 million deposits to its Defi applications, a miserable sum compared to other block chains that was launched at approximately at the same time, such as Sui, which rose above $ 600 million in deposits during its first year.
But that changed in July 2024 when Sei launched its second version, which allows users to create applications using Cosmwasm or EVM.
The activity exploded when developers and investors went into mass to the block chain. Among Defi developers, the EVM is the best known software. Then, by introducing the EVM support, SEI could take advantage of a much larger developer group.
The new SEI users now choose to use the EVM instead of Cosmwasm, according to the data compiled by SEI Labs in Data Platform Dune Analytics.
In addition, current cross compatibility has a cost, said its. It presents “unnecessary overload at the code base and complicates purification and evidence,” he said.
Even so, there is no guarantee that others in the SEI community feel in the same way.
Build with SEI, a group administered by the SII Foundation without profit, will organize a call on May 14 to discuss the proposal in detail and give opportunities for developers and the community to ask questions and give them comments.
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