Sei blockchain to add Ethereum Virtual Machine support in V2 upgrade | Headlines | News | CoinMarketCap

11/29/2023 21:20
Sei blockchain to add Ethereum Virtual Machine support in V2 upgrade | Headlines | News | CoinMarketCap

Trading-focused Layer 1 blockchain Sei will add support for the Ethereum Virtual Machine (EVM) in its upcoming version 2 (V2) upgrade. This will …

The Block15 minutes ago

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Published on November 29, 2023 14:05 GMT+00:00edited on November 29, 2023 14:09 GMT+00:00

Trading-focused Layer 1 blockchain Sei will add support for the Ethereum Virtual Machine (EVM) in its upcoming version 2 (V2) upgrade. This will enable developers to port Ethereum-based contracts over to the network and use them on it.

To add this feature, Sei V2 will incorporate Geth, a Go implementation of the Ethereum Virtual Machine. Geth is the most widely used Ethereum client software.

Sei Labs told The Block that it has developed a specialized interface to facilitate interaction of Sei's existing smart contracts component (based on CosmWasm technology) with the EVM component. CosmWasm is a custom Cosmos SDK module that allows chains to operate smart contracts in the Cosmos ecosystem. With V2, the team will enable an efficient integration of EVM support into the Sei network.

"Sei …

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