Layer 1 Blockchain Project Sei has Entered the Second Phase of Network Upgrade
CryptoNewsTerminal Staff27 May, 2024
Layer 1 Blockchain Project Sei has Entered the Second Phase of Network Upgrade
The layer 1 blockchain project Sei (SEI) has announced via the official X (formerly Twitter) platform that it has entered the second phase of its v2 upgrade. This phase is known as the "alpha launch phase" and will involve testing the upgrade on a testnet before deploying it to the mainnet. The v2 upgrade is a major update to the Sei blockchain that will introduce a number of new features and improvements, including: Increased transaction throughput Reduced transaction fees Improved security New features for developers The alpha launch phase is an important step in the development of the v2 upgrade, as it will allow the team to test the upgrade in a real-world environment and identify any potential issues. Once the alpha launch phase is complete, the team will deploy the upgrade to the mainnet.
