Sei proposes EVM-only architecture, phasing out Cosmos transactions and smart contracts

By: cryptosheadlines|2025/05/08 16:45:02

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Sei Labs wants to simplify its blockchain by going all-in on EVM and dropping support for Cosmos transactions and smart contracts.Sei Labs, a core development team behind the Sei blockchain, has unveiled a new proposal to ditch Cosmos transactions and CosmWasm contracts and go all-in on EVM to make the blockchain simpler and easier to build on.The proposal, Sei Improvement Proposal-3, is the second to be submitted under the new SIP governance process. If passed, it would mean Sei becomes an EVM-only chain, moving away from its current dual support for both EVM and Cosmos accounts.“As EVM usage continues to dominate activity on Sei, this proposal reflects a clear path forward: a streamlined, EVM-first architecture designed to scale the next generation of DeFi, gaming, and real-world applications.”Jay Jog, co-founder of Sei LabsAccording to the proposal, only EVM addresses will be able to send transactions on Sei. CosmWasm contracts and Cosmos message handling would be removed, while staking and governance features will remain available through EVM precompiles. Sei Labs said the current dual setup has created friction for users and developers, with users having to manage and link “both EVM and native addresses.” If the proposal goes through, infrastructure providers will need to switch to EVM-only APIs. Users will also need to move assets to EVM-native wallets or bridge out Cosmos assets, and CosmWasm developers will have to port their apps to EVM, the team noted.According to Sei Labs, shifting to an EVM-only setup will “significantly simplify the Sei developer and user experience, reduce infrastructure overhead, and position Sei more strongly within the broader EVM ecosystem.” Still, there’s no clear timeline for when the proposal might take effect.Amid the announcement, SEI (SEI) price jumped 6% to $0.2, while trading volume surged 17.27%, according to data from crypto price aggregator platforms. Source link

Cryptocurrency has a significant impact on our country's international financial cooperation and creates great opportunities for enhancing our international financial discourse power. We must adapt to the new trends in the reform of the international monetary system, analyze the structural contradic...

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector

What will the early Hyperliquid prediction market look like?

Unleash the Imagination Space of On-chain Finance

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."

The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?

What did Andrew Ng say? Did he say anything? Is Distributed AI Training Feasible?

The economy is entering a new cycle, how can the average person prepare?

The key is not how much you earn, but whether you have cash flow, low leverage, and the ability to earn consistently

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway

Sigma.Money's innovation is now translating into tangible market momentum.

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?

Monad Ecosystem AI Deployment, More Than Just a Hackathon.

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)

Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

Why is it said that TradFi is not a short-term narrative?

a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years

What is currently happening is the largest infrastructure upgrade in the capital market since the rise of electronic trading thirty years ago.