In-Depth Analysis of the Sei Giga Upgrade: A New Milestone in Public Chain Performance Competition
The Traditional Financial System's Challenge to Blockchain Infrastructure Performance
Over the past year, the global financial landscape has been undergoing a silent yet profound transformation. From traditional financial giants like JPMorgan and Goldman Sachs on Wall Street to national government financial platforms in Japan, India, Thailand, and other countries, various forms are being explored for integrating blockchain technology with crypto assets. This trend is not coincidental; it stems from an increasing dissatisfaction and expectation within the traditional financial system regarding existing blockchain infrastructure. Behind superficial pilot projects and tentative investments lies a more fundamental industry consensus: current blockchain performance can no longer meet the basic needs of modern financial applications.
When comparing blockchain performance with traditional financial infrastructure, the gap is particularly evident. Ethereum, as currently the most mainstream smart contract platform, can only process about 15 transactions per second on its mainnet, with transaction confirmation times typically taking several seconds. In contrast, Visa's network peaks at processing 65 thousand transactions per second while Nasdaq’s matching system boasts over 100 thousand transactions per second capability. Systems like Google Ads require real-time decision-making among millions of requests every second. These numerical disparities reflect not just technological gaps but also reveal fundamental limitations of blockchain in mainstream commercial applications.
Technical Path Diversification in Blockchain Scalability Competition
Faced with performance bottlenecks, various technical routes have emerged within the blockchain industry. Next-generation public chains such as Solana, Avalanche, and Optimism claim theoretical capabilities exceeding tens of thousands TPS (transactions per second), yet practical issues such as complex contract computations, network bandwidth bottlenecks, and consensus delays significantly reduce actual throughput rates during operation. This disparity between theory and practice prompts developers to explore more thorough solutions including but not limited to Layer2 scaling solutions modularized blockchain architecture parallel execution engines asynchronous consensus mechanisms among other innovative directions.
Notably even high-performance Solana announced a protocol reform plan named 'Alpenglow' at its Consensus Conference in 2025 aimed at enhancing throughput and network stability by introducing Votor & Rotor modules replacing existing TowerBFT consensus mechanism along with historical proof timestamp systems reflecting deep introspection into its own architecture marking that entire blockchain industry has entered new phase focused on performance optimization—shifting from localized improvements towards systemic reconstruction.
Strategic Positioning & Technological Vision of Sei Giga Upgrade
In this competition for performance upgrades Sei chose a distinct development path unlike Ethereum’s Rollup representative incremental scalability route or Solana’s pursuit for extreme single-chain optimization instead starting from foundational logic employing systematic restructuring approach building truly Web2-level responsive L1 public chain core node being recent launch Giga upgrade representing strategic transition from ‘parallel chains’ towards ‘high-frequency trading infrastructure’. Sei Giga upgrade's technical goal is very clear aiming for processing capacity reaching five Gigagas per second—a concept originating from Paradigm CTO last year's proposed 'Gigagas' idea referring to computational ability handling billion-level gas calculations each second based upon which standard current Ethereum operates around million gas/sec level whereas target set by Sei Giga aims elevating it fiftyfold establishing minimum threshold supporting mainstream scenarios requiring substantial load analysis across Web2 high-demand applications (like Google's RPC requests Visa transaction loads AI model calls etc.).
Three Major Technical Pillars Supporting Giga Upgrade
Reconstructing EVM Client & Parallel Execution Framework A long-standing fundamental contradiction faced by blockchains revolves around vast discrepancies between smart contract execution efficiency versus modern application demands where conventional EVM (Ethereum Virtual Machine) was never designed prioritizing speed resembling narrow country road meant solely accommodating bicycles tasked instead bearing pressures akin highways under rapid transit leading limiting maximum achievable rate merely hundreds transactions sec far below requirements posed by finance trades gaming ad bidding necessitating tens thousands even hundreds thousands requests concurrently experienced environments . nSei Giga upgrade addresses this pain point through comprehensive architectural innovation developing entirely new EVM execution client oriented optimizing throughput utilizing precompiled ahead-of-time compilation transactional dependency analysis alongside parallel executing frameworks enabling genuine simultaneous processing intelligent contracts specifically analyzing bytecode static beforehand identifying dependencies thus recognizing groups eligible execute concurrently likened intelligent traffic management systems deployed highways allowing vehicles grouped navigate rather than queue up traditionally single-lane mode respectively . nAutobahn Multi-Lane Consensus Mechanism nTraditional blockchains face major bottleneck due their singular proposer architectures wherein one node proposes blocks while others validate vote consequently ensuring security severely constraining overall system throughput comparable highway featuring solitary toll booth all vehicles must wait linearly behind waiting pass-through . Seis Autobahn consensual mechanism innovatively adopts multi-lane structure whereby every validating node independently proposes own blocks forming multiple concurrent proposal lanes subsequently periodic rotating leader selects snapshot cut finalizing agreement streamlining processes decoupling data propagation confirming stages prior PoA signatures verifying availability whilst achieving confirmations compressed under seven hundred milliseconds timeframe achieved consistently throughout operations facilitating seamless experiences end-users alike effectively minimizing latencies incurred via these enhancements substantially improving user satisfaction levels accordingly … Asynchronous State Submission Storage Optimization…